8 Emerald Pl, Ravenswood is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1979. While the property is not currently for sale or for rent, it was last sold in August 2023.
This impeccably renovated brick home, situated in close proximity to Launceston CBD just 5 minutes away, presents an exceptional investment prospect with rental yield of $360 per week. Boasting a modern and refined finish, this property offers three generously sized bedrooms within a thoughtfully designed open-plan layout. The contemporary galley-style kitchen, seamlessly connected to an adjacent dining area and open-plan living space, features hard wearing floating timber floors.
Revamped to the high standards, this home showcases a brand-new fully tiled bathroom, a separate toilet, and a conveniently placed laundry area. Nestled on an elevated and fully fenced block, the property enjoys the added benefit of a neighbouring parkland reserve that enhances both privacy and scenic views of the surrounding area. Ample off-street parking further enhances the property's appeal.
The size of Ravenswood is approximately 10.2 square kilometres. It has 6 parks covering nearly 8.7% of total area. The population of Ravenswood in 2016 was 3625 people. By 2021 the population was 3804 showing a population growth of 4.9% in the area during that time. The predominant age group in Ravenswood is 20-29 years. Households in Ravenswood are primarily single parents and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Ravenswood work in a labourer occupation.In 2021, 47.60% of the homes in Ravenswood were owner-occupied compared with 47.10% in 2016.
Ravenswood has 1,576 properties. Over the last 5 years, Houses in Ravenswood have seen a 85.22% increase in median value, while Units have seen a 128.62% increase. As at 31 October 2025:
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