8 Penny Lane, West Launceston is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1985. The property has a land size of 722m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Situated at the end of a lovely quiet lane you will discover a beautiful home nestled amongst an exquisite garden, offering plenty of quiet spaces to admire the many established trees and glorious flowers. The home itself has been tastefully decorated to an extremely high standard and features stunning polished floorboards, plantation shutters, updated kitchen and bathroom and magnificent views toward Ben Lomond. Reverse cycle air conditioning and air transfer keep you comfortable year-round whilst the large picture windows invite all day sun. The two generous bedrooms, both with double aspect, feature built-in wardrobes and offer lovely views of the garden.
While two bedrooms upstairs, there is a third room downstairs that is a fantastic versatile space and a large garage and laundry complete with plenty of storage options. This gorgeous home represents a wonderful opportunity to live in a beautiful, private location close to local amenities and only 7 minutes from the Launceston General Hospital and 10 minutes away from the heart of Launceston.
The size of West Launceston is approximately 3.9 square kilometres. There are 11 parks, covering nearly 26.0% of the total area. The population of West Launceston in 2016 was 4212 people. By 2021 the population was 4316 showing a population growth of 2.5% in the area during that time. The predominant age group in West Launceston is 50-59 years. Households in West Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Launceston work in a professional occupation.In 2021, 68.10% of the homes in West Launceston were owner-occupied compared with 68.40% in 2016.
West Launceston has 2,149 properties. Over the last 5 years, Houses in West Launceston have seen a 41.30% increase in median value, while Units have seen a 45.68% increase. As at 30 June 2026:
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