427 Wellington StreetSouth Launceston TAS 7249
Property Details for 427 Wellington St, South Launceston
427 Wellington St, South Launceston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1910. The property has a land size of 322m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in South Launceston in the last 12 months.
Last Listing description (May 2024)
Built shortly after the turn of the century, this charming early 1900s cottage seamlessly blends the allure of yesteryear with contemporary updates from a recent renovation.
This 3 bedroom cottage sits high on the block and is proximally located to the Launceston City and General Hospital. The renovated kitchen is complete with quality new appliances and original features such as hardwood floors. Carrying through the living spaces, these features compliment the style of the home with timber wainscoting.
The property boasts rear access from a rarely used laneway behind the historic homes of Wellington Street, and it also includes a detached single-car garage.
Prominent features of this property include:
? 3 good sized bedrooms
? contemporised kitchen & bathroom
? original period details, including wainscoting and hardwood floors
? fully fenced, with low maintenance gardens
? rear access with single car garage
? reverse cycle heat pump
This property presents an excellent opportunity to expand or kick start your investment portfolio or make it your first home. Its prime location, being approximately a 3-minute drive from Launceston General Hospital and a 5-minute drive from Launceston CBD, further adds to the convenience. To express your interest in this property, don't hesitate to get in touch with Lochie today.
Property History for 427 Wellington St, South Launceston, TAS 7249
- 10 Mar 2024Sold for $442,500
- 25 Jul 2023Listed for Sale Not Disclosed
- 24 Jul 2022Sold for $450,000
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About South Launceston 7249
The size of South Launceston is approximately 2.8 square kilometres. It has 8 parks covering nearly 5.4% of total area. The population of South Launceston in 2011 was 4,447 people. By 2016 the population was 4,589 showing a population growth of 3.2% in the area during that time. The predominant age group in South Launceston is 20-29 years. Households in South Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Launceston work in a professional occupation. In 2011, 54.1% of the homes in South Launceston were owner-occupied compared with 52.6% in 2016.
South Launceston has 2,413 properties. Over the last 5 years, Houses in South Launceston have seen a 56.01% increase in median value, while Units have seen a 43.01% increase. As at 31 October 2024:
- The median value for Houses in South Launceston is $530,619 while the median value for Units is $378,810.
- Houses have a median rent of $480 while Units have a median rent of $400.
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