SOLD
Sold on 12 Mar 2024 for $485,000

5 Watchorn Street
South Launceston TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 513m2
Sold By
Key 2 Property
Save

Property Details for 5 Watchorn St, South Launceston

5 Watchorn St, South Launceston is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1938. The property has a land size of 513m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in South Launceston in the last 12 months.

Building Type
House
Year Built
1938
Floor Size
112m2
Land Size
513m2
Local Government
Launceston
Lot/Plan
3/12921

Last Listing description (March 2024)

Introducing 5 Watchorn Street, South Launceston – a charming, updated character home nestled in a quiet cul-de-sac, just moments from the bustling CBD and the reputable Launceston General Hospital. This exceptional property presents an enticing opportunity for savvy investors and first-time homebuyers alike, offering an idyllic blend of timeless appeal, modern comforts and unbeatable location.

Boasting two spacious bedrooms and a stylishly renovated bathroom, this delightful home has been lovingly maintained and updated to cater to today's discerning buyers. The light-filled, open plan living area features polished floorboards, abundant natural light and excellent heating and cooling options, ensuring year-round comfort and enjoyment. The contemporary kitchen has also undergone a tasteful renovation.

Step outside to the sun-drenched, north-facing deck – the perfect spot for hosting alfresco gatherings with friends and family. The beautifully landscaped garden, dotted with established fruit trees, offers ample room for children and pets to play, and even includes a dedicated space for your very own chicken coop!

With secure parking for two vehicles, including a garage, and convenient access to public transport and local amenities, 5 Watchorn Street truly ticks all the boxes for a smart investment or a charming first home. Set on a generous 518 square metre block, this delightful abode offers the best of both worlds – a serene, suburban sanctuary, just a stone's throw from the heart of the city.

Don't miss your chance to secure this exquisite property

Council rates: $410 p/q approx.
Water rates: $270 p/q approx.
Land size: 518m2 approx.
Building size: 135m2 approx.
Year built: 1938
Rental estimate: $420 - $480 per week.

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 5 Watchorn St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$485,000
12 Mar 2024
Listed for Rent
$450/w
23 Nov 2021
  • 12 Mar 2024
    Sold for $485,000
  • 23 Dec 2023
    Listed for Sale $475,000-$505,000
  • 23 Nov 2021
    Listed for Rent $472 / week
Sign in to see more transactions

Commute Calculator

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 2,412 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.
There are currently 13 properties listed for sale, and 6 properties listed for rent in South launceston on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in South launceston.

Suburb Insights for South Launceston 7249

Market Insights
South Launceston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Launceston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.