39 Pedder StreetSouth Launceston TAS 7249
Property Details for 39 Pedder St, South Launceston
39 Pedder St, South Launceston is a 5 bedroom, 5 bathroom House with 5 parking spaces and was built in 1964. The property has a land size of 1330m2 and floor size of 300m2. While the property is not currently for sale or for rent, it was last sold in July 2015.
Last Listing description (November 2025)
This exceptional investment opportunity in Launceston's thriving suburb of South Launceston offers unparalleled potential with dual access from Galvin St for future development (STCA). Situated on a generous 1330 sqm block over half of which is cleared and primed for your vision.
Currently a fully renovated five-bedroom residence spans two levels, cleverly divided into five self-contained flats yielding an impressive $1,970 per week. Each unit boasts city views, modern amenities and private decks for outdoor relaxation on the northern side. Perfectly positioned near the hospital schools and CBD this property promises both immediate returns and limitless possibilities.
Key Features:
More than half of the 1330 sqm block is cleared and ready to build on
A fully renovated, cleverly divided five-bedroom home spanning two levels with great city views
Now configured as five one-bedroom self-contained flats
Fantastic income stream of $1,990 pw return
Four of the five units are fully furnished
Private decks (except unit 1) off the living/kitchen for outdoor enjoyment
Updated kitchens and bathrooms in each
Electric heating
Carports for each unit and plenty of off-street parking
Walking distance to Launceston General Hospital (800m)
Close to schools, supermarkets, shops and all city conveniences
Close to restaurants and cafs in Charles Street
Just a 5-minute drive to Launceston's CBD
Contact Jeremy Wilkinson for your inspection.
Rental return: $1,990 pw
House size: 361 sqm
Land size: 1330 sqm
Built: 1964
Council: Launceston
Council rates: $5,200 pa
Council Zoning: General Residential
**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**
Property History for 39 Pedder St, South Launceston, TAS 7249
- 24 Feb 2025Listed for Sale Expressions of Interest
- 13 Jul 2015Sold for $395,000
- 22 May 2015Listed for Sale $439,000
Recent sales nearby
See more recent sales nearby
/assets/perm/6ldohr4veii6zoxj2vo2iqrsm4?signature=3c906583d0afebb8a67191972c21ece14f6641905e75ccccf6f2fe4e17d74e06){kind=logo}
0
/assets/perm/csak3plp4mi63dw7i75e57kfvi?signature=77342a69d654cbf625a07ce29336357e9bda7e9859efd6c6938226eefcdc74c8){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 2,421 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.
Suburb Insights for South Launceston 7249
Market Insights
South Launceston Trends for Houses
N/A
N/A
View TrendN/A
N/A
South Launceston Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
