40577 Tasman Highway, St Leonards, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

40577 Tasman Highway
St Leonards TAS 7250

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 290m2
Land area: 116000m2
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Property Details for 40577 Tasman Hwy, St Leonards

40577 Tasman Hwy, St Leonards is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 116000m2 and floor size of 290m2.

Building Type
House
Year Built
1975
Floor Size
290m2
Land Size
116000m2
Local Government
Launceston
Lot/Plan
3/43682

Last Listing description (December 2025)

Perched atop Launceston on almost thirty acres of undulating land, CULTOWA, designed by renowned architect Robert Morris Nunn, is a postmodern masterpiece grounded in its environment and composed of the materials that define its era: brick, glass, timber and stone. The home positions its occupants and their guests to take full advantage of sweeping valley vistas, while its distinctive architectural character offers a rare opportunity for those seeking a property of scale, presence and versatility. Winner of House of the Year in 1988, the residence remains one of Launceston's most admired homes. Its design and configuration lend themselves not only to a remarkable private residence but also to a potential mixed-use retreat, boutique accommodation, or events venue, an ideal setting for weddings, corporate functions, or creative workshops, subject to council approval.The home features two large living areas, offering flexibility for families and guests alike. A private sitting room, formal lounge, or potential fifth bedroom provides options for various uses, while the lower-level formal living space impresses with its exposed timber ceiling, open stone fireplace and panoramic views stretching to Evandale.At the heart of the home, the kitchen and dining areas form the social hub, connecting effortlessly to the surrounding wings. The eastern wing hosts the master suite, set privately with serene garden aspects, alongside two additional bedrooms, two bathrooms, a study and separate laundry.A secondary wing, linked by a split level and glass atrium, reveals the fourth and fifth bedrooms, one with ensuite. This wing also leads to the ten-metre inground pool, hot tub and steam room, where breathtaking city views can be enjoyed.Adjoining the pool atrium, a private courtyard shaded by established trees provides a tranquil outdoor entertaining space. Beyond, a rotunda overlooks the full-sized tennis court and valley below, the perfect setting for intimate events or leisurely afternoons.The surrounding twenty-eight acres feature rolling hills, established trees, and open lawns, ensuring privacy without sacrificing the property's commanding outlook. Held by the same family for over three decades, CULTOWA represents a once-in-a-generation opportunity to secure one of Launceston's most unique and versatile estates. Less than fifteen minutes drive to the center of the Launceston city and a few minutes drive to the Newstead shopping precinct, this home is the private architectural lifestyle property that you never thought you would find this close to the city.Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 40577 Tasman Hwy, St Leonards, TAS 7250

A timeline of how this property has performed in the market
  • 04 Nov 2025
    Listed for Sale Offers Over $1.55m
  • 27 Mar 2025
    Listed for Sale Offers Over $1.55m
  • 16 Jul 2024
    Listed for Sale Offers Over $1.595m
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About St Leonards 7250

The size of St Leonards is approximately 44.7 square kilometres. It has 5 parks covering nearly 0.6% of total area. The population of St Leonards in 2016 was 2009 people. By 2021 the population was 2351 showing a population growth of 17.0% in the area during that time. The predominant age group in St Leonards is 30-39 years. Households in St Leonards are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in St Leonards work in a professional occupation.In 2021, 77.70% of the homes in St Leonards were owner-occupied compared with 76.30% in 2016.

St Leonards has 1,135 properties. Over the last 5 years, Houses in St Leonards have seen a 68.37% increase in median value, while Units have seen a 79.59% increase. As at 30 November 2025:

  • The median value for Houses in St Leonards is $581,448 while the median value for Units is $424,120.
  • Houses have a median rent of $453 while Units have a median rent of $265.
There are currently 8 properties listed for sale, and no properties listed for rent in St leonards on OnTheHouse. According to Cotality's data, 56 properties were sold in the past 12 months in St leonards.

Suburb Insights for St Leonards 7250

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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.