Back 28 Watchorn St
Off Market

28 Watchorn St

South Launceston TAS 7249

3
1
1
114 m²
521 m²
House
Beck RoutleyBeck Routley, last sold this property on 30 November 2025 after 31 days on market.

Overview

Another Property SOLD SMARTRE by Peter Lees Real Estate

Ideally positioned between Kings Meadows and the Launceston CBD, this three-bedroom, one-bathroom brick home offers an outstanding opportunity for first home buyers and savvy investors alike. Inside, the home retains a warm retro charm with its classic kitchen featuring gas cooking, and a well-sized loungeroom complimented by a reverse-cycle heating for convenience and comfort. A bright sunroom adds flexibility for a multipurpose room, whether it is a home office, playroom, or an additional living space. Outside, a carport provides off-street parking, and a spacious backyard offers endless opportunities to enjoy the outdoors - whether you envision a play area for children, raised garden beds, or a cosy outdoor area to relax and enjoy. Set on a 521m² General Residential block, the property is currently leased through Peter Lees Real Estate until February 2026, with a tenant eager to stay on, should an investor purchase - providing immediate income. Whether you're looking to enter the property market or expand your investment portfolio, 28 Watchorn Street offers comfort, convenience, and excellent potential in a highly sought-after area. Current Lease expiry 28/2/26 Current Lease $340pw Updated Rental appraisal $440-$480 pw *Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries. Boundary lines are indicative only.

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
114 m² floor area
521 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in South Launceston over the last 12 months, the estimated median property value of 28 Watchorn St is $610k.

Median value
$610k
Estimated value range
$395k - $790k
Median days on market
22
Estimated value trend
9%
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 28 Watchorn St

2026
Rented
Undisclosed
Leased on 23 Apr 2026 by Peter Lees Real Estate
2025
Sold
Undisclosed
30 Nov 2025 by Beck Routley, of Peter Lees Real Estate
2017
Rented
Undisclosed
Leased on 29 Mar 2017 by Parry Property

Happy sellers in South Launceston

93%
93% 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 27 reviews in South Launceston over the last 12 months.

Local market activity for 3 bedroom houses in South Launceston

In the last 12 months, 61 three-bedroom houses similar to 28 Watchorn St, have been sold.

This represents a 68% decrease in three-bedroom houses sales when compared to the previous 12 months.

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