50 Merivale St, South Launceston is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 556m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
This 3-bedroom home in South is the perfect option for a first home buyer or investor looking to obtain a home in a fantastic location. The property is presently 3 bedrooms with access to the central bathroom with toilet. There is a 2nd toilet under the home along with a laundry and an option for further expansion and storage. The timber kitchen is located at the rear of the home and looks out to the backyard. The dining is off the kitchen and provides access through to the lounge also.
The property includes the convenience of reverse cycle air conditioning, a wide entrance and plenty of scope to add your touches if you wish.
Located within 5 minutes of the Launceston CBD, Launceston General Hospital and schools, shops and cafes.
Council rates: $400 p/q approx.
Water rates: $270 p/q approx.
Building size: 128m2 approx.
Land size: 556m2 approx.
Year built: 1950
Current rental estimate: $450 per week in current condition.
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.
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 2,430 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:
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