14 Peel Street, South Launceston, TAS 7249 sold on 15 September 2025 | OnTheHouse
SOLD
Sold on 15 Sep 2025 for $600,000

14 Peel Street
South Launceston TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 743m2
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Property Details for 14 Peel St, South Launceston

14 Peel St, South Launceston is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 743m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom House sold in South Launceston in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
90m2
Land Size
743m2
Local Government
Launceston
Lot/Plan
1/7515

Last Listing description (March 2026)

If you are in search of a dual living investment property or a home for you with separation for an extra person, or even potentially income generating short stay accommodation then this opportunity in South Launceston will be worth considering. It is ideally located within walking distance to the Launceston CBD and the General Hospital so it will also be perfect for professionials who work in the heart of Launceston. The property has been freshly renovated and updated so it really is a case of move straight in or rent out on day one.The main dwelling consists of two bedrooms which both have ample built in storage, The bathroom has modern floor to ceiling tiles which create a soft feel. There is ample storage in the kitchen which also features brand new appliances, a dishwasher and receives great natural light throughout the day. The large open plan living takes advantage of the wonderful view over the city and down the river. There are also polished floorboards throughout the home and a functionable laundry.Under the same roofline is the studio apartment that also has been painted throughout, has had a new kitchen installed and has a low maintenance combined bathroom and laundry so it will be suitable if you are looking to offset your expenses by renting out the studio or if you have guests visiting.There is also a reverse cycle air conditioner in both dwellings, double glazed windows and doors installed and blockout roller blinds throughout the home. With a combined rental return of $700 per week, this is sure to make a great investment or home for the right buyer. For further information, please call Duncan Morrison at Ray White Launceston.*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 purchasers are advised to carry out their own investigations. All measurements are approximate.

Property History for 14 Peel St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$600,000
15 Sep 2025
Listed for Rent
07 Mar 2025
  • 15 Sep 2025
    Sold for $600,000
  • 25 Feb 2025
    Listed for Rent $450 / week
  • 03 Dec 2024
    Listed for Sale $599,000 - $639,000
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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 2,426 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 9 properties listed for sale, and 7 properties listed for rent in South launceston on OnTheHouse. According to Cotality's data, 123 properties were sold in the past 12 months in South launceston.

Suburb Insights for South Launceston 7249

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Duncan Morrison
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Ray White Launceston
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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.