3/2 Bailey St, South Launceston is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2020. The property has a land size of 383m2 and floor size of 185m2.
An exceptional find in South Launceston, this two-story executive townhouse effortlessly combines modern comfort with convenience. Its prime location within walking distance of the Launceston General Hospital and just a quick drive from the bustling Kings Meadows shopping precinct makes it an ideal choice for discerning buyers.
Inside, you'll discover four spacious bedrooms, including a master retreat complete with a walk-in robe and ensuite, along with three additional bedrooms featuring built-in robes, ensuring plenty of space for the whole family.
The kitchen is a standout feature, boasting a gas cooktop, electric oven, and a generous walk-in pantry, perfect for preparing culinary delights. The main bathroom offers both a shower and a separate bath for added convenience, catering to every need and the upstairs powder room adds practicality to the layout.
Throughout the home, ducted heating and a vacuum system ensure comfort and easy maintenance year-round. Outside, a spacious deck offers an ideal spot for relaxation and entertaining, with abundant sunlight and sweeping views of the city skyline enhancing the experience.
This property offers not only a stylish and convenient lifestyle but also appeals to investors with its potential for a good rental yield. Its proximity to the CBD, coupled with breathtaking views and modern amenities.
Year built: 2020
Rental estimate: $730-$760 p/w
House size: 173m2
Land size: 383m2
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 2,424 properties. Over the last 5 years, Houses in South Launceston have seen a 48.84% increase in median value, while Units have seen a 51.01% increase. As at 30 April 2026:
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