1/2 Merivale Street, South Launceston, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

1/2 Merivale Street
South Launceston TAS 7249

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
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Last updated 13 Jul 2026
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Property Details for 1/2 Merivale St, South Launceston

1/2 Merivale St, South Launceston is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1950.

Building Type
Unit
Year Built
1950
Local Government
Launceston

Last Listing description (May 2026)

This well-presented unit offers stunning views across the city and river and is equipped with a heat pump and essential whitegoods, providing comfortable and convenient living at an affordable price point.

The spacious open-plan living and bedroom area is warm and inviting, while the light-filled kitchen and dining space is both practical and welcoming, ideal for everyday living or entertaining. The split-level bathroom incorporates the laundry and offers generous space and functionality.

Ideally located within close proximity to the city and local amenities, the property also includes off-street parking and gardening services for added convenience.

Included appliances: Washing machine, fridge, and microwave

*At any stage before or throughout this tenancy, the tenant will be required to seek the owner's consent using the approved form to keep a pet at the premises.

*Horizon Property (formerly known as Ray White Launceston) has no reason to doubt the accuracy of this information, which has been obtained from sources considered to be reliable; however, we cannot guarantee it. Prospective tenants are advised to carry out their own investigations. Any supplied measurements are approximate.

Property History for 1/2 Merivale St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Listed for Rent
29 Dec 2025
  • 27 Apr 2026
    Listed for Rent $350 / week
  • 15 Dec 2025
    Listed for Rent $320 / week
  • 10 Mar 2025
    Listed for Rent $300 / week
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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 2,431 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 10 properties listed for rent in South launceston on OnTheHouse. According to Cotality's data, 120 properties were sold in the past 12 months in South launceston.

Suburb Insights for South Launceston 7249

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Cotality Copyright and Legal Disclaimers about Property Data
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.