27 Pedder St, South Launceston is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1955. The property has a land size of 753m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 3 bedroom House sold in South Launceston in the last 12 months.
Ideally positioned in a tightly held South Launceston location, 27 Pedder Street presents a superb opportunity to secure a fully renovated 1955 brick home offering comfort, efficiency and outstanding convenience. Solidly built and thoughtfully updated, the home blends classic proportions with modern finishes, making it equally appealing to owner-occupiers and investors alike.
The residence features three generous bedrooms and two stylish bathrooms, all finished to a high standard. The light-filled living areas are complemented by a fully ducted heating & cooling system, ensuring year-round comfort. Energy efficiency has been carefully considered, with 11 solar panels installed to help reduce ongoing power costs, along with insulation both under the floor and in the ceiling and two thirds of windows replaced with double glazed windows.
Downstairs, a single garage provides secure off-street parking, while the large, level rear yard offers excellent space for families, pets, or future landscaping and outdoor entertaining.
Currently leased, the property delivers immediate rental income and represents a smart addition to any investment portfolio. Its exceptional location is a key highlight, with the Launceston General Hospital and CBD just a very short walk away, making it highly attractive to tenants and future buyers alike.
A quality, low-maintenance home in a prime inner-city setting – 27 Pedder Street is a property not to be missed.
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 2,425 properties. Over the last 5 years, Houses in South Launceston have seen a 49.85% increase in median value, while Units have seen a 40.85% increase. As at 31 May 2026:
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