Lot 82 - Cedar Grove - St Leonards - AUD 868,498.00
St Leonards, Launceston, TAS, 7250$ 868,498
Overview
Property ID: LA-22198
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 158
Details
Updated on Apr 14, 2026 at 01:00 am
| Property Type: | House and Land |
|---|---|
| Secondary Type: | SMSF |
| Price: | $ 868,498 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 620 |
| Gross Per Annum: | $ 32,240 |
| Gross Yield: | 3.71% |
| Capital Growth 12 Months: | -1.67% |
| Capital Growth 10 Year Annualised: | 6.96% |
| Vacancy Rate: | 0.95% |
| Property Size: | 158 m2 |
| Land Area: | 648 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 22198 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Embracing Launceston’s natural serenity, Cedar Grove delivers a lifestyle of effortless connection.
Nestled between green mountains and flowing rivers, Launceston offers a way of life envied by many. From world class food tourism to adventure sports, alfresco dining in historic streets capes to pristine wilderness at your doorstep, Tasmania's northern capital blends culture and nature in perfect harmony.
The city's Victorian architecture and colonial heritage create a living museum, while innovative restaurants showcase the region's renowned cool climate wines and farm fresh produce.
- Fast-growing suburb with increasing demand and strong long-term value
- Only minutes to Launceston CBD while still offering peaceful suburban living
- Easy access to major roads, public transport, and everyday essentials
- Close to supermarkets, pharmacies, gyms, cafés, and health services
- Local shops and community conveniences all within a short drive
- Everything you need for day-to-day life is right on your doorstep
- Known for being safe, quiet and community-minded
- Plenty of parks, reserves, and open green spaces
- Ideal for walking the dog, afternoon bike rides, and weekend family outings
- Ongoing infrastructure improvements in the surrounding region
- Increased demand for quality homes in Launceston’s eastern corridor
- Strong rental appeal thanks to proximity to schools and recreation
- Access to early learning, primary, secondary, and university
- Close to Launceston’s top educational pathways
- Easy drop-off routes and short commute times for families
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract