Back 48 Thistle Street
Off Market

48 Thistle Street

South Launceston TAS 7249

3
1
2
118 m²
1127 m²
House
Last sold for $690,000
Lochie ReidLochie Reid, last sold this property on 12 February 2026 after 30 days on market.

Overview

Charming Home With Development Potential

Located in the highly desirable suburb of South Launceston, this charming home presents a fantastic opportunity for a range of buyers looking for a family home, investment or development opportunity. Perfectly ready for renting to tenants, or to move in immediately, this home provides options for all buyers. With a well-considered floor plan that enhances the home's inherent charm, the separate living room and spacious master bedroom are positioned at the front of the property. The two additional generously sized bedrooms are adjacent to the master bedroom ensuring excellent privacy while maintaining a cohesive and practical layout for everyday living. The open plan kitchen and dining area offers plentiful cupboard and storage space and connects seamlessly to a separate sunroom and office. A separate laundry offers functionality and additional cupboard space. Outside, the property features a carport, shed and single car garage complemented by a private yard and off-street parking, adding to the convenience and appeal. Set on a level allotment, the block provides ease of access and presents potential for further development or subdivision (STCA), making it an appealing option for investors or those planning ahead. Perfectly positioned in a sought-after neighbourhood known for its proximity to schools, public transport, and all major amenities, this character home allows an easy walk to the city centre, local shops and scenic walking tracks. South Launceston continues to be one of Launceston's most popular suburbs, offering a fantastic lifestyle with everything at your doorstep. Contact Lochie today to register your interest. 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
2 carspaces
2 garage spaces
118 m² floor area
1127 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 48 Thistle Street 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 48 Thistle Street

2026
Sold
$690,000
12 Feb 2026 by Lochie Reid, of Living Here 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 25 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 48 Thistle Street, have been sold.

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

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