40 Pipers River Rd, Underwood is a 4 bedroom, 2 bathroom House with 7 parking spaces and was built in 1985. The property has a land size of 42980m2 and floor size of 252m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 4 bedroom House sold in Underwood in the last 12 months.
Set within just fifteen minutes of Launceston's CBD and comprising the better part of eleven acres, this substantial lifestyle property offers space, privacy and luxurious amenities.Entry via the long driveway with automatic front gate offers a grand view of the cape cod style home - arrival around a circular driveway and entry via the covered porch immediately imparts both the quality and proportion of this home.The kitchen, dining and living spaces form what was once a sympathetic extension, a generously sized butlers kitchen/walk in pantry adds further convenience. Floor to ceiling windows within the main living room offer scenic views to the gardens and provide a further sense of space and privacy.The open plan and newly updated kitchen, dining and living areas adjoin a spacious entertaining deck, with in-built spa and adjoining covered alfresco area with a built-in bar, wood heater and in-built speaker system. A secondary living space is located adjacent to the front entry and the central bathroom is conveniently positioned adjacent to the bedrooms on the lower floor.Three of the four well-proportioned bedrooms include built-in storage, while the master suite features a generous walk-in robe and private ensuite.The land is made up of equal parts bush and cleared land. The house yard provides adequate space for the family, a newly fenced paddock is also adjacent to the fenced house yard.A large, 11.6 x 14.8m workshop garage holds two post car hoists, a separate toilet, three phase power and a 4kw solar system. The secondary, 14.7 x 6.8m garage holds provisions for its own self contained accommodation and additional storage options. The third double car garage provides convenient access into the house yard and home. To complete the outbuildings, an attached carport with above standard height provides further options for vehicle or caravan storage.A home that has been truly well maintained and cherished by its current owners, they have recently completed internal repainting and new carpets. Other inclusions include a fully alarmed video surveillance system and 4 x 22,500L water tanks.Families can relish in the enriching lifestyle this property offers, with abundant space, privacy and serenity, all just a short fifteen minute commute from the city centre. Contact Lochie today to register your interest.
The size of Underwood is approximately 89.7 square kilometres. It has 8 parks covering nearly 47.9% of total area. The population of Underwood in 2016 was 363 people. By 2021 the population was 391 showing a population growth of 7.7% in the area during that time. The predominant age group in Underwood is 50-59 years. Households in Underwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Underwood work in a professional occupation.In 2021, 93.40% of the homes in Underwood were owner-occupied compared with 87.00% in 2016.
Underwood has 198 properties. Over the last 5 years, Houses in Underwood have seen a 51.28% increase in median value. As at 30 November 2025:
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