29 Peel StreetSouth Launceston TAS 7249
Property Details for 29 Peel St, South Launceston
29 Peel St, South Launceston is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 653m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in South Launceston in the last 12 months.
Last Listing description (May 2025)
Introducing a rare opportunity in South Launceston, a much-loved, one owner family home with character, views, and undeniable potential. Built in 1959, this brick veneer classic enjoys sweeping city and Tamar River vistas, offering an enviable position for investors, first-home buyers, and builders looking for their next project.
While the home has been cherished for decades, it now requires structural work, an opportunity reflected in the price. Original features remain intact, providing a solid foundation for those ready to undertake renovations and restore its former charm. With the right vision, this property could be transformed into a stunning blend of classic character and modern style.
The rewards are clear for those willing to roll up their sleeves: a sought-after location, incredible views, and the chance to create something truly special. Whether you're an investor seeking a strategic opportunity, a first-home buyer ready for a challenge, or a builder looking for your next project, this home is brimming with potential.
Don't miss your chance to breathe new life into this classic home. Contact us today to inspect and explore the possibilities.
Property History for 29 Peel St, South Launceston, TAS 7249
- 13 May 2025Sold for $428,000
Recent sales nearby
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0About South Launceston 7249
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 2,422 properties. Over the last 5 years, Houses in South Launceston have seen a 54.63% increase in median value, while Units have seen a 72.09% increase. As at 30 November 2025:
- The median value for Houses in South Launceston is $577,341 while the median value for Units is $438,388.
- Houses have a median rent of $485 while Units have a median rent of $440.
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