40 Melbourne St, South Launceston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 505m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Located in the heart of the extremely sought after suburb of South Launceston and within walking distance of the city, Coronation Park, Launceston General Hospital, multiple schools in all directions and two different gyms, this lovely character home is sure to get tongues wagging.
Built c.1910, this home has an appetising list of features including natural gas, polished floorboards throughout, 3 sizeable bedrooms all having quality new built in robes, with 2 of the bedrooms featuring the original fire places for that old school feel.
One of the best kitchen renovations you will see is the focal point of the home, with quality Smeg appliances (Microwave, 900mm wide oven & dishwasher), USB port power outlets, and the ultra impressive granite waterfall island bench to show off your culinary skills.
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:
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