Back 6 Vernon Street
Off Market

6 Vernon Street

South Launceston TAS 7249

4
2
3
737 m²
House
Joseph JefferyJoseph Jeffery, last sold this property on 02 August 2026 after 27 days on market.

Overview

Dual Income Investment on the Edge of the CBD

This well-maintained property delivers an exceptional investment opportunity with two separately leased dwellings: – Three-bedroom federation home plus – Fully self-contained flat Perfectly positioned on the fringe of the CBD, the property is within easy walking distance to hospitals, schools, services, public transport and the city centre. The main residence showcases classic federation charm, beautiful, elevated city views, large block, and has recently been repainted externally, complemented by a colourbond roof. 6 Vernon Street – Three Bedroom Federation Home - Elevated city views - Large open plan living with access to the rear deck - High quality kitchen with stone benchtops, pantry & dishwasher - Three generous bedrooms with built-in wardrobes - Bathroom with bath and shower - Two reverse-cycle air conditioners - Double carport - Garage/workshop underneath house - Currently tenanted at $520 per week - Rental appraisal: $550–$570 per week - Self-Contained One Bedroom Flat - Open-plan kitchen and sitting room - Separate spacious bedroom with built-ins - Own washing machine for full self-sufficiency - Separate driveway from house for off-street parking - Currently tenanted at $285 per week - Rental appraisal: $300–$330 per week Recent Upgrades & Ongoing Maintenance - The current owner has undertaken significant improvements, ensuring both dwellings remain attractive, low-maintenance investments: - Full external and internal repainting - Replaced fencing on both sides of the main house - Recently replaced carpet and vinyl throughout the house - Replaced all curtains and blinds - Replaced oven and washing machine in the flat - Recently replaced dishwasher - New Hot water cylinder Signature Property Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.

Features

4 bedrooms
2 bathrooms
3 carspaces
2 carport spaces
1 garage space
737 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 6 Vernon Street is $700k.

Median value
$700k
Estimated value range
$590k - $1.08m
Median days on market
31
Estimated value trend
25%
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 6 Vernon Street

2026
Sold
Undisclosed
02 Aug 2026 by Joseph Jeffery, of Signature Property Launceston
2025
Rented
Undisclosed
Leased on 18 Mar 2025 by Ray White Launceston
2025
Rented
Undisclosed
Leased on 18 Mar 2025 by Ray White 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 33 reviews in South Launceston over the last 12 months.

Local market activity for 4 bedroom houses in South Launceston

In the last 12 months, 17 four-bedroom houses similar to 6 Vernon Street, have been sold.

This represents a 20% decrease in four-bedroom houses sales when compared to the previous 12 months.

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