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

40 Pedder Street
South Launceston TAS 7249

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 158m2
Land area: 739m2
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Last updated 10 Aug 2026
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Property Details for 40 Pedder St, South Launceston

40 Pedder St, South Launceston is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1959. The property has a land size of 739m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
House
Year Built
1959
Floor Size
158m2
Land Size
739m2
Local Government
Launceston
Lot/Plan
8/59766

Last Listing description (August 2026)

Positioned in the heart of South Launceston, with a spectacular city outlook, this property is perfectly suited to the astute first home buyer, downsizer or investor.Built in 1960, with a solid brick construction, this mid-century home offers four bedrooms, two bathrooms, and a spacious interior accentuated by large double glazed windows, inviting natural light.Upon entry, via a central hallway, you are greeted with an open plan living, kitchen and dining area. This well designed area features both air conditioning and a woodfire, providing comfort throughout the year, while solar panels further enhance the property's energy efficiency. The kitchen is of good size, with plentiful storage options and views to the gardens.Continuing down the hallway, all four bedrooms are of generous proportions, with the inclusion of built-in robes, maximising storage and space. The secondary room features a sliding door to access the front balcony. The bathroom has been updated featuring floor to ceiling tiling, a toilet, shower, with the added luxury of a heated towel rail. A spiral staircase descends down to a substantial and versatile downstairs area, offering a fifth bedroom or study, a second bathroom, and internal access to the garage beneath the house. It also offers further potential for a self contained flat (STCA). There are many versatile rooms, or an additional living room on this floor. The elevated deck, accessible from the dining area, provides an ideal vantage point to enjoy the city views. The sloped parcel of land is enveloped with established gardens, including an apricot tree, olive tree and a well established avocado tree that tends to yield almost a hundred avocados a year! The fully fenced yard ensures a secure space for children and pets. A location that is both convenient and desirable, a five minute walk to the Launceston General Hospital and a ten minute walk from Launceston's CBD. Lochie today to register your interest.

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

A timeline of how this property has performed in the market
Last Sold
$615,000
28 Mar 2025
  • 12 May 2025
    Listed for Sale Offers Over $595,000
  • 28 Mar 2025
    Sold for $615,000
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About South Launceston 7249

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 2,429 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:

  • The median value for Houses in South Launceston is $672,635 while the median value for Units is $471,981.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 6 properties listed for sale, and 8 properties listed for rent in South launceston on OnTheHouse. According to Cotality's data, 133 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.