6 Vernon Street, South Launceston, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

6 Vernon Street
South Launceston TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 122m2
Land area: 737m2
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Last updated 6 Jul 2026
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Property Details for 6 Vernon St, South Launceston

6 Vernon St, South Launceston is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1900. The property has a land size of 737m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
House
Year Built
1900
Floor Size
122m2
Land Size
737m2
Local Government
Launceston
Lot/Plan
1/29050

Last Listing description (July 2026)

Inspection Via appointment only.This well-maintained property delivers an exceptional investment opportunity with two separately leased dwellings: Three-bedroom federation home plus Fully self-contained flatPerfectly positioned on the fringe of the CBD, the property is within easy walking distance to hospitals, schools, services, public transport and the city centre. The main residence showcases classic federation charm, beautiful, elevated city views, large block, and has recently been repainted externally, complemented by a colourbond roof.6 Vernon Street Three Bedroom Federation Home- Elevated city views- Large open plan living with access to the rear deck- High quality kitchen with stone benchtops, pantry & dishwasher- Three generous bedrooms with built-in wardrobes- Bathroom with bath and shower- Two reverse-cycle air conditioners- Double carport- Garage/workshop underneath house - Currently tenanted at $520 per week- Rental appraisal: $550$570 per week- Self-Contained One Bedroom Flat- Open-plan kitchen and sitting room- Separate spacious bedroom with built-ins- Own washing machine for full self-sufficiency- Separate driveway from house for off-street parking- Currently tenanted at $285 per week- Rental appraisal: $300$330 per weekRecent Upgrades & Ongoing Maintenance- The current owner has undertaken significant improvements, ensuring both dwellings remain attractive, low-maintenance investments:- Full external and internal repainting- Replaced fencing on both sides of the main house- Recently replaced carpet and vinyl throughout the house- Replaced all curtains and blinds- Replaced oven and washing machine in the flat- Recently replaced dishwasher Signature Property Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.

Property History for 6 Vernon St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$400,000
02 Sep 2019
Listed for Rent
$520/w
06 Feb 2026
  • 06 Jul 2026
    Listed for Sale Offers Over $775 000
  • 05 Feb 2026
    Listed for Rent $520 / week
  • 18 May 2025
    Listed for Rent $280 / week
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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 2,427 properties. Over the last 5 years, Houses in South Launceston have seen a 47.77% increase in median value, while Units have seen a 44.01% increase. As at 30 June 2026:

  • The median value for Houses in South Launceston is $672,761 while the median value for Units is $465,814.
  • Houses have a median rent of $550 while Units have a median rent of $445.
There are currently 9 properties listed for sale, and 7 properties listed for rent in South launceston on OnTheHouse. According to Cotality's data, 123 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.