1/28 Kerran Crescent, South Launceston, TAS 7249 | Apartment for sale | OnTheHouse
FOR SALE
Offers over $339,000

1/28 Kerran Crescent
South Launceston TAS 7249

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 39m2
Land area: 59m2
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A fantastic investment opportunity

A fantastic investment or low-maintenance lifestyle opportunity in a quiet South Launceston cul-de-sac.
This fully furnished one-bedroom apartment is immaculately presented, offering light-filled open-plan living in a sunny, elevated position. The home features a modern kitchen and bathroom, a generous bedroom with built-in storage, and a dedicated single car space.
Currently leased at $400 per week, it presents an attractive return and a hassle-free addition to any investment portfolio.
Enjoy the convenience of being just minutes from the CBD, Launceston General Hospital, and local cafes — all while tucked away in a peaceful and well-kept pocket of the city.
✅ Fully furnished
✅ Excellent tenant in place ($400/week)
✅ Quiet, sunny cul-de-sac location
✅ Low-maintenance, neat, and tidy
✅ Off-street parking
Perfect for investors, downsizers, or first-home buyers seeking an easy-care property in one of Launceston's most convenient suburbs.
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Property Details for 1/28 Kerran Cres, South Launceston

1/28 Kerran Cres, South Launceston is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces and was built in 1973. The property has a land size of 59m2 and floor size of 39m2. The place is currently for sale with Jenkins & Co.

Building Type
Apartment
Year Built
1973
Floor Size
39m2
Land Size
59m2
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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 2016 was 4592 people. By 2021 the population was 4894 showing a population growth of 6.6% 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 2021, 51.20% of the homes in South Launceston were owner-occupied compared with 52.60% in 2016.

South Launceston has 2,421 properties. Over the last 5 years, Houses in South Launceston have seen a 48.79% increase in median value, while Units have seen a 67.05% increase. As at 31 October 2025:

  • The median value for Houses in South Launceston is $549,957 while the median value for Units is $430,952.
  • Houses have a median rent of $485 while Units have a median rent of $445.
There are currently 11 properties listed for sale, and 1 property listed for rent in South launceston on OnTheHouse. According to Cotality's data, 90 properties were sold in the past 12 months in South launceston.

Suburb Insights for South Launceston 7249

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Phillipa Jenkins
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Jenkins & Co
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.