Back 7 Pershing Street
Off Market

7 Pershing Street

Mowbray TAS 7248

3
2
8
116 m²
741 m²
House
Last sold for $610,000
Richard BaileyRichard Bailey, last sold this property on 19 April 2026 after 25 days on market.

Overview

A Smart Addition to Your Portfolio

If you're looking for a property that ticks the fundamentals and offers genuine investment appeal, this could fit the bill. With a practical layout, strong rental potential and plenty of usable space both inside and out, it's the kind of asset that can quietly do its job in the background. The home itself is straightforward and functional, offering three bedrooms – all with built-in storage, and the main featuring its own ensuite. The open plan kitchen, dining and living area creates an easy, connected space, complemented by solid wooden cabinetry and good-sized windows that bring in natural light. Positioned in a convenient pocket, the property is within easy reach of Mowbray Shopping Centre, Mowbray Primary School and the senior campus of Launceston Church Grammar School. The nearby - soon to be opened - Northern Suburbs Community Recreation Hub adds further appeal, while the Launceston CBD is approximately a 10-minute drive away – a strong drawcard for tenants and owner-occupiers alike. Outside is where this property really stands out. With extensive parking and storage options, it caters well to tenants needing extra space – a feature that's always in demand and can set a property apart in the rental market. For investors, the combination of space, practicality and location makes this a compelling option. It would also suit home buyers looking to secure a property they can settle into while planning future improvements. Key Features: • Three bedrooms, all with built-in robes • Main bedroom with ensuite • Open plan kitchen, dining and living • Solid wooden kitchen cabinetry • Good natural light through large windows • Large outdoor storage shed • Garaging for up to four vehicles • Additional off-street parking for approximately four cars • Flat, fenced and secure block • Grassed area plus low-maintenance courtyard • Close to local shops, schools and sporting facilities • Approx. 10 minutes to Launceston CBD A property with solid foundations, excellent storage and parking, and broad appeal to renters, this is a smart choice for investors seeking a reliable addition to their portfolio. With its convenient location and flexible layout, it's equally worth considering for buyers wanting a home they can make their own over time. Council Rates approx. $1800 p.a. Water Rates approx. $1200 p.a.

Features

3 bedrooms
2 bathrooms
8 carspaces
4 open car spaces
4 garage spaces
116 m² floor area
741 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mowbray over the last 12 months, the estimated median property value of 7 Pershing Street is $522.5k.

Median value
$522.5k
Estimated value range
$360k - $683.5k
Median days on market
26
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mowbray. 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 7 Pershing Street

2026
Sold
$610,000
19 Apr 2026 by Richard Bailey, of The Agency Northern Tasmania

Happy sellers in Mowbray

99%
99% of sellers in Mowbray reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Mowbray over the last 12 months.

Local market activity for 3 bedroom houses in Mowbray

In the last 12 months, 62 three-bedroom houses similar to 7 Pershing Street, have been sold.

This represents a 13% decrease in three-bedroom houses sales when compared to the previous 12 months.

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