16 Powena Street, South Launceston, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

16 Powena Street
South Launceston TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 107m2
Land area: 468m2
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Property Details for 16 Powena St, South Launceston

16 Powena St, South Launceston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 468m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
House
Year Built
1950
Floor Size
107m2
Land Size
468m2
Local Government
Launceston
Lot/Plan
2/219523

Last Listing description (June 2015)

Boasting charming street appeal and an elevated position within walking distance to vibrant Launceston restaurants and cafes, this circa 1950 character home provides an idyllic lifestyle for those who like to be close to the action. Bathed in natural light and with lovely views of the city, this north facing weatherboard cottage makes an ideal choice for the first home buyer or investor.
With many original features, there are 3 double bedrooms, large lounge, separate dining and ample built in storage. The kitchen is well laid out to the rear of the property, and is begging to have a value-adding makeover! With a low maintenance tiered yard to the rear, carport and additional OSP, this property is well worth a look.
Currently rented for $250 per week and leased until July 2015, the property is an excellent investment opportunity or fabulous inner city home for the astute purchaser. Within a short stroll to local schools, shops and just minutes to the CBD this is an exciting property which is certain to get your attention. Phone to book your private inspection.

Property History for 16 Powena St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$190,000
14 May 2015
  • 14 May 2015
    Sold for $190,000
  • 02 Jul 2013
    Listed for Sale OFFERS OVER $219,000
  • 05 Oct 2009
    Listed for Sale $239,000
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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 2,430 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, 121 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.