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.
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.
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:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.