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2/76 Meredith Crescent, South Launceston$230,000
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2/76 Meredith Crescent

South Launceston, TAS 7249, Australia
$230,000
400 m²

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About this property

Nestled in the sought-after locale of South Launceston, the land offering at 2/76 Meredith Crescent presents a sterling opportunity for astute developers. Spanning an impressive 400m2 (approx.), this rare and elevated north-facing plot is positioned to capture the essence of Tasmanian living with the added benefit of urban proximity. The gently sloping terrain of this rear block provides an ideal canvas for bespoke residential development, framing potential views towards the vibrant heart of Launceston. It is a hidden gem that enjoys both privacy and the convenience of city living, a mere stone's throw from the bustling city centre. This parcel of land is fully fenced, securing the space for construction and adding a layer of seclusion to your future development. Furthermore, the property boasts the advantage of an adjoining rear laneway, which enhances accessibility and design flexibility a feature that is sure to appeal to developers with an eye for detail and a vision for seamless integration into the existing urban fabric. The prime location of this land is underscored by its close proximity to local schools and a variety of shops, ensuring that future residential offerings on this site will be highly attractive to potential buyers seeking a lifestyle that merges tranquillity with convenience. The land is conveniently located just 2 minutes off the highway and Southern Outlet of Launceston, with the airport only 15 minutes away, providing easy access to both local and regional destinations. Additionally, the property comes with approved council plans for an architecturally designed house and garage, which can be adapted to your tastes. This alleviates a large part of the construction process, making it even easier to move forward with your development. The Council Permit also includes a staged plan, allowing you to build only part of the house initiallyoffering flexibility if budget is a concern and providing options on how much to build. With its array of appealing characteristics and its promise of lucrative development potential, 2/76 Meredith Crescent is a land opportunity that simply cannot be overlooked. Seize the chance to create something remarkable in the heart of South Launceston. Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
400 m²
Listed
3 months ago

Repayment calculator

$1,115/month
$558 /fortnight
Loan $184,000 at 6.10% over 30 years

Upfront costs

Deposit$46,000
Stamp duty$7,135
Conveyancing (est.)$2,000
Total upfront$55,135
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in South Launceston

This land in South Launceston, TAS 7249 sits within reach of public transport, local shops and nearby schools. It is listed 61% below the $595,000 median of 66 comparable landswithin 5 km.

Schools near South Launceston

  • Glen Dhu Primary Schoolprimary · K-6 · CoEd

What's nearby

  • Wellington St Stop 8 Out (bus)387 m away
  • Geard Cycles695 m away
  • Lawrence Vale Landslip Park239 m away
  • Talbot Road Lookout629 m away
  • Machens Reserve749 m away

South Launceston at a glance

Full suburb profile
Population
4,894
Median age
36
Household income
$1,374/wk
Median rent
$300/wk
Median mortgage
$1,279/mo

Source: ABS Census.

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Suburb market

Suburb price trend

South Launceston price trend

Median sold · House 3 bed

Compound growth +0.8% / yr over 4 yrs

$618kcurrent median

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