40 Melbourne Street, South Launceston, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

40 Melbourne Street
South Launceston TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 133m2
Land area: 505m2
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Property Details for 40 Melbourne St, South Launceston

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.

Building Type
House
Year Built
1910
Floor Size
133m2
Land Size
505m2
Local Government
Launceston
Lot/Plan
2/77444

Last Listing description (January 2019)

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.

Out the back is a large deck for entertaining with a built in Jumbuck BBQ that will lend itself to ideal evenings with friends whilst taking in the view.
Other features include
- Secure rear yard
- New Luxaflex duet blinds
- Insulation in the floors & ceilings
- Reverse cycle heating
- Off street parking
- Established gardens
The gorgeous balcony wraps the front of house which provides two entrances to the home, with the delightful fret work helping to set this property apart from others.
Perhaps you re looking for a property to buy now and rent out, complete a few modifications to (one of which could be the previously council approved garage construction and stacker door installation to rear of the dining room & deck extension, which the owner is happy to pass plans on for) or move in just the way it is
40 Melbourne Street is a fantastic home which was made for the entertainer; could this be the one you have been waiting for? I can t wait to show you through.

Property History for 40 Melbourne St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$407,000
09 Aug 2021
Listed for Rent
$330/w
02 Nov 2017
  • 09 Aug 2021
    Sold for $407,000
  • 11 Dec 2018
    Sold for $407,000
  • 16 Nov 2018
    Listed for Sale Offers Over $419,000
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About 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.
There are currently 11 properties listed for sale, and 2 properties listed for rent in South launceston on OnTheHouse. According to Cotality's data, 92 properties were sold in the past 12 months in South launceston.

Suburb Insights for South Launceston 7249

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.