RateMyAgentGo to search
Back 120 Tasman Highway
Off Market

120 Tasman Highway

Waverley TAS 7250

3
1
3
110 m²
780 m²
House
Last sold for $425,000
Lochie ReidLochie Reid, last sold this property on 27 October 2025 after 328 days on market.

Overview

A unique offering with scope for near 9% returns

Positioned on a generous block, presents an excellent opportunity for first-home buyers, families, or investors. Located just minutes from Launceston's CBD, it combines comfortable living with the potential for dual occupancy (STCA). The existing dwelling currently returns $410 per week. The detached garage/workshop has existing toilets and plumbing facilities, with plenty of scope to easily convert to a habitable dwelling which could be let separately for up to $300 per week. Additional parking spaces enhance the practicality of this conversion. The existing dwelling comprises three generously sized bedrooms, each with built-in robes, connected by a central hallway. The bathroom is spacious, featuring both a bath and shower, with a separate toilet for added convenience. An open-plan living, kitchen, and dining area provides a welcoming space for everyday living. The kitchen is equipped with ample storage and generous bench space. Comfort is ensured year round with a reverse cycle system, while high ceilings and large windows fill the home with natural light, enhancing its overall appeal. Outside, the low maintenance yard offers potential for future landscaping, along with plenty of off-street parking. The large garage/workshop provides opportunities for dual occupancy or conversion into a granny flat, subject to council approval (STCA). Situated within walking distance of Waverley Primary School, Pritchard Street Park, local shops, and public transport. Current rent: $410 per week Lease Expiry: 13 August 2026 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.

Features

3 bedrooms
1 bathroom
3 carspaces
2 open car spaces
1 garage space
110 m² floor area
780 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Waverley over the last 12 months, the estimated median property value of 120 Tasman Highway is $473k.

Median value
$473k
Estimated value range
$390k - $582k
Median days on market
22
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Waverley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 120 Tasman Highway

2025
Sold
$425,000
27 Oct 2025 by Lochie Reid, of Living Here Launceston
2025
Rented
Undisclosed
Leased on 07 Aug 2025 by Living Here Launceston

Happy sellers in Waverley

96%
96% of sellers in Waverley reported that their sale price either exceeded or met their price expectations.

Waverley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Waverley over the last 12 months.

Local market activity for 3 bedroom houses in Waverley

In the last 12 months, 20 three-bedroom houses similar to 120 Tasman Highway, have been sold.

This represents a 25% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Waverley

placeholder
Jarrah Burns

Sellers who recommend Jarrah Burns have praised them for being clear communication, local expert, responsive, honest, friendly, reliable and supportive

  •   4.9   (713 reviews)
  •  2 Reviews in Waverley
  •  2 Sales in Waverley
View profile
placeholder
David Hernyk

Sellers who recommend David Hernyk have praised them for being clear communication, local expert, responsive, friendly, honest, easy to work with and supportive

  •   4.9   (416 reviews)
  •  1 Review in Waverley
  •  2 Sales in Waverley
View profile
placeholder
Lochie Young

Lochie Young is a recommended agent for Waverley.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (11 reviews)
  •  1 Review in Waverley
  •  1 Sale in Waverley
View profile
placeholder
Michael Dearsley

Sellers who recommend Michael Dearsley have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and dedicated

  •   5   (303 reviews)
  •  1 Review in Waverley
  •  1 Sale in Waverley
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap