123 Talbot Road, South Launceston, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

123 Talbot Road
South Launceston TAS 7249

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 171m2
Land area: 867m2
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Last updated 14 Sep 2026
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Property Details for 123 Talbot Rd, South Launceston

123 Talbot Rd, South Launceston is a 4 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 867m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in July 2015.

Building Type
House
Year Built
1975
Floor Size
171m2
Land Size
867m2
Local Government
Launceston
Lot/Plan
33/62528

Last Listing description (September 2026)

THIS SPACE PRESENTS: 123 Talbot Road, South Launceston TAS 7249

Set on a generous 867sqm parcel in one of South Launceston's most convenient pockets, this solid brick residence offers space, versatility, and genuine potential for families, first home buyers, or astute investors alike. From the moment you step inside, the warmth of timber floorboards and natural light through generous windows create an inviting, homely atmosphere that flows effortlessly through the living areas.

With four bedrooms and a well proportioned floor plan, this space caters beautifully to family life, offering room to grow, entertain, and unwind. The open living and dining zone forms the heart of the home, a relaxed space where everyday moments and special occasions alike can unfold with ease. Beyond the interior, the expansive backyard is a true standout, offering established greenery, garden beds ready for cultivation, and ample room for children, pets, or your own vision of an outdoor oasis.

There is a timeless charm to this home that speaks to its solid 1970s construction, and while it retains much of its original character, it presents a wonderful opportunity to update and add value over time. Whether you are searching for a comfortable family base or a smart investment in a tightly held pocket of Launceston, this property delivers on both space and location.

THIS SPACE: the features.

Four spacious bedrooms
One central bathroom
Light-filled open plan living and dining area
Warm timber flooring throughout main living zones
Functional original kitchen with garden outlook
Separate bathroom with bathtub and shower
Expansive 867sqm block with established gardens
Garden beds and mature trees offering privacy and shade
Ample off-street parking with driveway access
Solid brick construction
Positioned on a generous corner style allotment
Close proximity to Launceston CBD and Kings Meadow Shopping Centre

THIS SPACE: the location.

South Launceston is a well-established and highly sought after suburb, prized for its central positioning and easy access to everything Launceston has to offer. This home sits just moments from Kings Meadow Shopping Centre, ensuring everyday conveniences are always within easy reach, while the vibrant Launceston CBD, with its cafes, restaurants, and cultural attractions, is just a short drive away. Families will appreciate the proximity to reputable schools, parks, and public transport options, while the surrounding streets showcase a wonderful mix of established homes and leafy outlooks. This is a location that offers the perfect balance of lifestyle and convenience, ideal for those wanting to be close to it all without compromising on space or community feel.

THIS SPACE: the details.

House size: 148
Land size: 867
Built: 1975
Zoning: General Residential

DISCLAIMER: This Space Real Estate provides this information for general guidance only. While every effort is made to ensure accuracy, we make no representations or warranties regarding the completeness or reliability of any information provided. All prospective purchasers should conduct their own investigations. This Space Real Estate accepts no liability for errors, omissions, or misstatements.

PROPERTY ACCESS DISCLAIMER:
Entry to the property requires prior approval from employees of This Space Real Estate. Persons entering or inspecting the property do so entirely at their own risk. This Space Real Estate, the vendor and their representatives accept no liability for any injury, loss or damage sustained while accessing or inspecting the property, including but not limited to slips, trips, falls, snake bites, uneven terrain or natural hazards. All persons should exercise caution and ensure appropriate footwear and care is taken whilst on the property.

VIRTUAL STAGING DISCLAIMER:
Some images in this advertisement may have been digitally staged for illustrative purposes only. Virtual staging is used to demonstrate the potential of a space and does not represent the actual furnishings, finishes, or condition of the property. Prospective purchasers should rely on their own inspection and not on virtually staged images when making any decisions. This Space Real Estate accepts no liability for any discrepancy between virtually staged images and the actual property.

Property Code: 431

Property History for 123 Talbot Rd, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$295,000
21 Jul 2015
Listed for Rent
$550/w
16 Aug 2023
  • 02 Sep 2026
    Listed for Sale Offers Over $749,000
  • 08 Aug 2024
    Listed for Rent $560 / week
  • 06 Jul 2023
    Listed for Rent $550 / 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 2,430 properties. Over the last 5 years, Houses in South Launceston have seen a 41.03% increase in median value, while Units have seen a 43.65% increase. As at 31 August 2026:

  • The median value for Houses in South Launceston is $664,566 while the median value for Units is $483,788.
  • Houses have a median rent of $550 while Units have a median rent of $435.
There are currently 12 properties listed for sale, and 5 properties listed for rent in South launceston on OnTheHouse. According to Cotality's data, 122 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.