3/7 Wylrose Pl, South Launceston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 119m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in South Launceston in the last 12 months.
Positioned in a quiet South Launceston pocket just minutes from the CBD, hospital and everyday amenities, this low maintenance one-bedroom unit presents a straightforward investment opportunity in a consistently strong rental area.
Currently tenanted on a month to month lease at $310 per week, the property provides immediate income with flexibility to review or adjust as required.
The layout is practical and easy to maintain, with the bedroom opening directly to a fully fenced private yard via sliding doors - a genuine point of difference in this category and an attractive feature for tenants. A dedicated carport adds further everyday convenience.
Compact, functional, and well located, this is the type of asset that sits comfortably in a portfolio - simple to manage and positioned in an area that continues to see steady demand.
*No Active Body Corporate*
Year Built: 1978
Build Size: 53m2
Land Size: 119m2
Rental Appraisal: $380pw
Council Rates: $1,298pa
Water Rates: $904pa
Body Corporate: Inactive
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. 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 2,427 properties. Over the last 5 years, Houses in South Launceston have seen a 44.47% increase in median value, while Units have seen a 41.15% increase. As at 31 July 2026:
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