OFF MARKET

9 Penny Lane
West Launceston TAS 7250

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 239m2
Land area: 1611m2
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Property Details for 9 Penny Lane, West Launceston

9 Penny Lane, West Launceston is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 1611m2 and floor size of 239m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
2005
Floor Size
239m2
Land Size
1611m2
Local Government
Launceston
Lot/Plan
13/141111

Last Listing description (December 2022)

Located on an internal block, at the end of a quiet cul-de-sac in this sought-after location sits this 5-bedroom family home.

A great floorplan with an open kitchen with great bench space including a breakfast bar. Adjoining the kitchen is the dining and sitting area with separate study space off to the side. There is a large central living room with sliding door access out to a covered outdoor entertaining space.

Five bedrooms in total all with built-in robes. The master bedroom includes a walk in robe and ensuite. The home has reverse-cycle air conditioning and is a mix of carpet and tile flooring throughout.

Externally there is a double garage with internal access plus a third separate garage/storage shed at the rear of the property. The property is sitting on a 1,611m2 block surrounded by other quality homes.

The property is located close to supermarkets, medical and pharmacy, and West Launceston Primary School. The Cataract Gorge and Launceston CBD only moments away. This home is sure to please.

The home is currently tenanted until January 2023 achieving $750 per week.

- 5-bedroom, 2-bathroom home;
- Functional floorplan;
- Quiet cul-de-sac;
- 1,611m2 block.

Building size: 239m2 approx.
Land size: 1,611m2 approx.
Year built: 2006
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.

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Property History for 9 Penny Lane, West Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$800,000
30 Nov 2022
  • 30 Nov 2022
    Sold for $800,000
  • 15 Nov 2022
    Listed for Sale Offers Over $850,000
  • 26 Jul 2006
    Sold for $489,000

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About West Launceston 7250

The size of West Launceston is approximately 3.9 square kilometres. It has 11 parks covering nearly 26% of total area. The population of West Launceston in 2011 was 4,029 people. By 2016 the population was 4,198 showing a population growth of 4.2% in the area during that time. The predominant age group in West Launceston is 40-49 years. Households in West Launceston are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Launceston work in a professional occupation. In 2011, 71.6% of the homes in West Launceston were owner-occupied compared with 68.4% in 2016.

West Launceston has 2,131 properties. Over the last 5 years, Houses in West Launceston have seen a 64.96% increase in median value, while Units have seen a 44.00% increase. As at 31 October 2024:

  • The median value for Houses in West Launceston is $634,045 while the median value for Units is $394,690.
  • Houses have a median rent of $490 while Units have a median rent of $395.
There are currently 15 properties listed for sale, and 2 properties listed for rent in West launceston on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in West launceston.

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