Back 40 Pedder Street
Off Market

40 Pedder Street

South Launceston TAS 7249

4
2
2
154 m²
738 m²
House
Last sold for $615,000
Lochie ReidLochie Reid, last sold this property on 11 May 2025 after 61 days on market.

Overview

Central Location with City Views

Positioned in the heart of South Launceston, with a spectacular city outlook, this property is perfectly suited to the astute first home buyer, downsizer or investor. Built in 1960, with a solid brick construction, this mid-century home offers four bedrooms, two bathrooms, and a spacious interior accentuated by large double glazed windows, inviting natural light. Upon entry, via a central hallway, you are greeted with an open plan living, kitchen and dining area. This well designed area features both air conditioning and a woodfire, providing comfort throughout the year, while solar panels further enhance the property's energy efficiency. The kitchen is of good size, with plentiful storage options and views to the gardens. Continuing down the hallway, all four bedrooms are of generous proportions, with the inclusion of built-in robes, maximising storage and space. The secondary room features a sliding door to access the front balcony. The bathroom has been updated featuring floor to ceiling tiling, a toilet, shower, with the added luxury of a heated towel rail. A spiral staircase descends down to a substantial and versatile downstairs area, offering a fifth bedroom or study, a second bathroom, and internal access to the garage beneath the house. It also offers further potential for a self contained flat (STCA). There are many versatile rooms, or an additional living room on this floor. The elevated deck, accessible from the dining area, provides an ideal vantage point to enjoy the city views. The sloped parcel of land is enveloped with established gardens, including an apricot tree, olive tree and a well established avocado tree that tends to yield almost a hundred avocados a year! The fully fenced yard ensures a secure space for children and pets. A location that is both convenient and desirable, a five minute walk to the Launceston General Hospital and a ten minute walk from Launceston's CBD. Lochie today to register your interest.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
154 m² floor area
738 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 40 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 40 Pedder Street

2025
Sold
$615,000
11 May 2025 by Lochie Reid, of Living Here Launceston

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 4 bedroom houses in South Launceston

In the last 12 months, 20 four-bedroom houses similar to 40 Pedder Street, have been sold.

This represents a 50% decrease in four-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 South Launceston

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent