1/28 Kerran Cres, South Launceston is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces and was built in 1973. The property has a land size of 59m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 1 bedroom Apartment sold in South Launceston in the last 12 months.
A fantastic investment or low-maintenance lifestyle opportunity in a quiet South Launceston cul-de-sac.
This fully furnished one-bedroom apartment is immaculately presented, offering light-filled open-plan living in a sunny, elevated position. The home features a modern kitchen and bathroom, a generous bedroom with built-in storage, and a dedicated single car space.
Currently leased at $400 per week, it presents an attractive return and a hassle-free addition to any investment portfolio.
Enjoy the convenience of being just minutes from the CBD, Launceston General Hospital, and local cafes — all while tucked away in a peaceful and well-kept pocket of the city.
✅ Fully furnished
✅ Excellent tenant in place ($400/week)
✅ Quiet, sunny cul-de-sac location
✅ Low-maintenance, neat, and tidy
✅ Off-street parking
Perfect for investors, downsizers, or first-home buyers seeking an easy-care property in one of Launceston's most convenient suburbs.
Jenkins & Co Property Tasmania have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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:
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