5 Patrick Street, South Launceston, TAS 7249 | House for sale | OnTheHouse
FOR SALE
Offers over $649,000

5 Patrick Street
South Launceston TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 500m2
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Character, Charm & Convenience

Brimming with character and warmth, this charming South Launceston home combines beautiful period features with comfortable modern living. From its detailed façade and decorative leadlight windows to the polished timber floors and high ceilings inside, there is plenty to fall in love with.
The light-filled living area provides a welcoming place to relax, complete with a reverse-cycle heat pump for year-round comfort. The functional kitchen offers generous bench space, ample storage and warm timber cabinetry, while maintaining a lovely connection with the home’s original character.
The spacious bedroom is bright and inviting, featuring polished floorboards, a decorative fireplace and easy access to the bathroom. Fresh, neutral interiors throughout create a relaxed atmosphere and make the home ready to enjoy.
Positioned in sought-after South Launceston, the property offers convenient access to the Launceston General Hospital, cafes, shops, schools and the CBD. An appealing opportunity for first-home buyers, professionals or investors looking for character, comfort and a central location.
Council rates: $508 p/q approx.
Water rates: $328 p/q approx.
Building size: 160m2 approx.
Land size: 500m2 approx.
Year built: 1930
Rental estimate: $500-$540 per week.
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Property Details for 5 Patrick St, South Launceston

5 Patrick St, South Launceston is a 3 bedroom, 1 bathroom House. The property has a land size of 500m2. The place is currently for sale with KEY 2 PROPERTY.

Building Type
House
Land Size
500m2
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About South Launceston 7249

The size of South Launceston is approximately 2.8 square kilometres. There are 8 parks, covering nearly 5.4% of the 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 2,430 properties. Over the last 5 years, Houses in South Launceston have seen a 41.03% increase in median value, while Units have seen a 43.65% increase. As at 31 August 2026:

  • The median value for Houses in South Launceston is $664,566 while the median value for Units is $483,788.
  • Houses have a median rent of $550 while Units have a median rent of $435.
There are currently 12 properties listed for sale, and 5 properties listed for rent in South launceston on OnTheHouse. According to Cotality's data, 121 properties were sold in the past 12 months in South launceston.

Suburb Insights for South Launceston 7249

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Ananda & Kate
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Georgia Anderson
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KEY 2 PROPERTY
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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.