5 Hollingsworth St, South Launceston is a 3 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 496m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2015.
Great investment opportunity with this 3 bedroom home currently rented for $300 per week and a tenant that is willing to sign a long lease.
The home has open plan living with an upgraded kitchen, soft touch draws and a new dishwasher. The stylish bathroom has been totally refurbished with quality tiles and fittings throughout.
The home has been rewired and replumbed approximately 2 years ago and the addition of 2 reverse cycle air conditioners will keep your maintenance and ongoing costs down.
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:
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