Back 22 Pedder Street
Off Market

22 Pedder Street

South Launceston TAS 7249

4
3
186 m²
697 m²
House
Last sold for $675,000
Gary ThomasGary Thomas, last sold this property on 10 August 2025 after 79 days on market.

Overview

Great Investment & Potential Development Site

This striking 1939 South Launceston home has been extensively renovated to a high standard throughout with the top area of the home benefiting from 3 bedrooms and two bathrooms, whilst down below is a self contained one bedroom flat including bathroom, kitchen and lounge with separated power supplies. Positioned perfectly in South Launceston within walking distance to the hospital, City Centre and other local services the home is perfectly positioned halfway up the hill to capture the morning sun and fabulous north and southern views. These Californian Bungalow homes have been built to stand the test of time and this one is no exception. Improvements include, ducted heating, gas stove, ensuite, wood heater, decent living areas and a classy kitchen. The secret to this property lays in the potential of future development with the possibility to build another townhouse at the bottom of the block STCA. Currently tenanted until July 2026 at $700 per week this property is for sale at offers over $685,000. 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

4 bedrooms
3 bathrooms
186 m² floor area
697 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in South Launceston over the last 12 months, the estimated median property value of 22 Pedder Street is $632.5k.

Median value
$632.5k
Estimated value range
$455k - $955k
Median days on market
67
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Launceston. 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 22 Pedder Street

2026
Rented
Undisclosed
Leased on 14 Jan 2026 by The Agency Northern Tasmania
2025
Sold
$675,000
Private Sale/Treaty on 10 Aug 2025 by Gary Thomas, of Living Here Launceston
2023
Rented
Undisclosed
Leased on 30 Jul 2023 by Harcourts Launceston

Happy sellers in South Launceston

94%
94% of sellers in South Launceston reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 26 reviews in South Launceston over the last 12 months.

Local market activity for 4 bedroom houses in South Launceston

In the last 12 months, 19 four-bedroom houses similar to 22 Pedder Street, have been sold.

This represents a 50% decrease in four-bedroom houses sales when compared to the previous 12 months.

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