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

42 Pedder Street
South Launceston TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 789m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Jun 2026
Low

High
Save

Property Details for 42 Pedder St, South Launceston

42 Pedder St, South Launceston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 789m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1960
Floor Size
100m2
Land Size
789m2
Local Government
Launceston
Lot/Plan
9/59176

Last Listing description (January 2023)

This beautifully renovated home is located in a fantastic sought-after location. The elevated position means this home is basked in sunlight and provides a wonderful outlook toward the city and surrounds.

The home was built in the 60s but has since been transformed into this modern delight we see today. Low maintenance brick with stunning polished flooring throughout the current owners have done some wonderful updates. These include double glazing and a solar system installed both helping the energy efficiency of this home and keeping the power bills down.

Internally the home comprises 3 bedrooms, all with built-in robes plus access to the centrally located bathroom with toilet, shower and vanity. The open living area combines with the kitchen/dining space and offers access to the covered outdoor deck.

The property has a single garage with under-house storage, plus loads of additional off-street parking. The yards are filled with leafy trees, which adds to the privacy and quietness of the area.

The property would make a wonderful home or investment due to the location alone. The home is located close to the Launceston General Hospital, within walking distance of Charles Street Cafs and the CBD.

- Beautifully updated home;
- Great natural light and views;
- Peaceful location;
- Walking distance to Hospital and CBD;
- Energy improvements: Double Glazing, Solar and Insulation.

Council rates: $431 p/q approx.
Water rates: $259 p/q approx.
Building size: 95m2 approx.
Land size: 769m2 approx.
Year built: 1960
Rental estimate: $530 - $570 per week approx.
Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 42 Pedder St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$595,000
12 Dec 2022
  • 12 Dec 2022
    Sold for $595,000
  • 29 Nov 2022
    Listed for Sale Offers Over $599,000
  • 21 Dec 2011
    Listed for Sale $225,000
Sign in to see more transactions
Commute Calculator

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 2,425 properties. Over the last 5 years, Houses in South Launceston have seen a 49.85% increase in median value, while Units have seen a 40.85% increase. As at 31 May 2026:

  • The median value for Houses in South Launceston is $659,169 while the median value for Units is $462,950.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and 4 properties listed for rent in South launceston on OnTheHouse. According to Cotality's data, 126 properties were sold in the past 12 months in South launceston.

Suburb Insights for South Launceston 7249

Market Insights
South Launceston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Launceston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.