38 Reservoir Rd, Rocherlea is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 676m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in March 2013.
Set on a generous 676m corner block, this inviting three-bedroom home offers comfort, convenience, and excellent value for both families and investors alike.Inside, the practical floor plan delivers easy everyday living, featuring an open-plan kitchen and dining area that flows naturally into the main living space. The separate laundry provides direct access to the yard, adding extra practicality to the home's thoughtful design.Outdoors, the flat fully fenced rear yard offers a safe, private space for children and pets to play freely, while the secure single garage and additional off-street parking ensure convenience and peace of mind.Year-round comfort is assured with a reverse cycle A/C providing efficient heating and cooling. Close to schools, public transport, and local amenities, making daily life effortless.Perfect for first-home buyers eager to step into the market or investors seeking a solid, low-maintenance addition to their portfolio, this property represents a smart and appealing opportunity. Don't miss out, enquire today to secure this fantastic opportunity!Rental Estimate: Up To $410 p/w (Currently leased at $380 p/w until 05/02/2026)Rental Return: 5.8% Approx.House size: 104m2Land size: 676m2Built: 1985Council Rates: $1535 approx. p/aCouncil Zoning: ResidentialCouncil: City of LauncestonHeritage listed: No **Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.**
The size of Rocherlea is approximately 30.6 square kilometres. It has 9 parks covering nearly 6.5% of total area. The population of Rocherlea in 2016 was 1081 people. By 2021 the population was 1033 showing a population decline of 4.4% in the area during that time. The predominant age group in Rocherlea is 0-9 years. Households in Rocherlea are primarily single parents and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Rocherlea work in a labourer occupation.In 2021, 28.60% of the homes in Rocherlea were owner-occupied compared with 25.80% in 2016.
Rocherlea has 575 properties. Over the last 5 years, Houses in Rocherlea have seen a 86.70% increase in median value. As at 30 April 2026:
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