92 Talbot Road, South Launceston, TAS 7249 | House for sale | OnTheHouse
 
FOR SALE
$630,000 - $670,000

92 Talbot Road
South Launceston TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 113m2
Land area: 845m2
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Restore, Reimagine or Redevelop – Exceptional Potential on 845m²

Opportunities like this don't come along often. Set on a generous 845m² (approx.) allotment in a convenient South Launceston location, this charming 1920s weatherboard home presents an exciting opportunity for builders, renovators, developers and savvy investors looking to unlock its enormous potential.
Full of character and charm, the home offers three bedrooms, a welcoming open plan living area and many original features that provide the perfect foundation for an inspired renovation. The current owners had planned to complete the transformation themselves; however, their focus has now shifted to building their new home, creating an exciting opportunity for the next owner to add their own vision and reap the rewards.
Blending the charm of a 1920’s character home with the practicality of a substantial 54m² double garage and workshop built in 2021, this is a property that offers immediate functionality alongside outstanding future potential. Whether you're a tradesperson needing quality workspace, a hobbyist wanting room to create or simply seeking exceptional storage, this impressive addition represents a significant investment and adds lasting value to the property.
The land itself is equally exciting. Preliminary discussions with the Launceston City Council indicate there is potential - subject to the necessary approvals - to construct a second dwelling while retaining the existing home. Alternatively, those looking to maximise the site's potential may wish to explore redevelopment opportunities, with scope to create two new dwellings (STCA).
Conveniently positioned close to Kings Meadows Shopping Precinct, the Launceston General Hospital, quality schools and only a short drive from the Launceston CBD, this is a property where vision and effort have the potential to deliver outstanding rewards. Whether your goal is to restore a beautiful character home, create a quality investment or explore future development opportunities, 92 Talbot Road offers an exceptional opportunity to add significant value in a sought after location. Contact Rae today to find out more.
Launceston City Council rates $1,421.85
Taswater rates $1668.00
Rental Appraisal $600 - $650 per week (Property Wise Tasmania)
Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided.
Property Code: 649

Property Details for 92 Talbot Rd, South Launceston

92 Talbot Rd, South Launceston is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 845m2 and floor size of 113m2. The place is currently for sale with Flanagan Residential Pty Ltd - LAUNCESTON.

Building Type
House
Floor Size
113m2
Land Size
845m2
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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 47.77% increase in median value, while Units have seen a 44.01% increase. As at 30 June 2026:

  • The median value for Houses in South Launceston is $672,761 while the median value for Units is $465,814.
  • Houses have a median rent of $550 while Units have a median rent of $445.
There are currently 10 properties listed for sale, and 9 properties listed for rent in South launceston on OnTheHouse. According to Cotality's data, 119 properties were sold in the past 12 months in South launceston.

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Rae Smith
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Flanagan Residential Pty Ltd - LAUNCESTON
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