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.
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.
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:
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