126 Talbot Rd, South Launceston is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 1925. The property has a land size of 885m2 and floor size of 224m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
LOCATED WITHIN CLOSE DISTANCE TO THE LAUNCESTON CBD IS THIS 1925 WEATHERBOARD HOUSE CURRENTLY DIVIDED UP INTO THREE SEPARATE DWELLINGS GIVING AN EXCELLENT RENTAL RETURN OF $485 PER WEEK - THAT'S FAR BETTER THAN THE BANK AT A 7% PLUS RETURN ON YOUR MONEY.EACH OF THE FLATS ARE A SINGLE BEDROOM DWELLING, WITH THEIR OWN BATHROOM, TOILET AND KITCHEN AND WITH THEIR OWN UNDERCOVER CARPARK.OPTION B WOULD BE TO MOVE INTO THE PLACE YOURSELF AND RETURN THE DWELLING TO ITS ORIGINAL GLORY. WITH PLENTY OF SPACE TO DESIGN A LAYOUT THAT IS RIGHT FOR YOU AND TAKE ADVANTAGE OF THE ORIGINAL FEATURES, POSSIBLE FOUR BEDROOMS, THE LARGE FRONT VERANDAH, AND THE GOOD SIZED YARD, YOU MAY END UP WITH A TERRIFIC PLACE THAT YOU CAN CALL YOUR HOME. THERE TRULY ARE LOADS OF POSSIBILITIES FOR THIS PROPERTY FOR THE SAVVY INVESTOR OR RENOVATOR, SO BOOK YOUR INSPECTION WITH JOEY MALONEY OR DUNCAN MORRISON.FEATURES INCLUDE: CLOSE TO SCHOOLS, CLOSE TO SHOPS, CLOSE TO TRANSPORT
The size of South Launceston is approximately 2.8 square kilometres. It has 8 parks covering nearly 5.4% of 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 2,424 properties. Over the last 5 years, Houses in South Launceston have seen a 52.83% increase in median value, while Units have seen a 57.66% increase. As at 31 January 2026:
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