Bushby

Large modern homes with larger views! Very peaceful no through road.

Very secluded cul de sac. Mature homes and gardens. Quiet area. Lovely views.

Some lovely character homes on this street, along with well established brick homes. Stunning city, river and mountain views!

Quiet cul de sac location. Close to bowls club, cricket oval and school. Some great views here too.

Great area to get into the Trevallyn market. Some lovely views. Mix of brick and weatherboard homes.

Quiet cul de sac location. Tree lined. Close to Freelands lookout. Nice mix of house styles.

Interesting mix of homes. Some have got great views. Solid prices achieved.

Nice blend of older style homes with newer brick homes. Some lovely views. Quiet area and again a great place to live.

Nice blend of older style homes with newer brick homes. Some lovely views. Quiet area and again a great place to live.

Quality homes, each with differing views of the city, mountains and river. Above the fog line and a peaceful place to live!

Interesting mix of modern and older style homes. Stunning views!!

Approx 4,300 people live in South launceston, an area of approximately 3km.
There are two schools in South launceston and the Launceston General hospital is situate in Charles Street. Close proximity to the City and affordable housing prices, make South a very sought after location with first home buyers and Investors.
In recent years the suburb has undergone much home renovation and hence great increases in sale prices. Wellington St. runs from the City to Hobart Rd. in Kings Meadows offering a variety of business houses and shops along the way.

Some areas of South offer stunning views over the City and Tamar. Some of these Streets are, Merivale, View St. Rose Lane, Powena and Meridith. Melbourne St. offers a Gym and an RSL Club at the Southern end. Recreational Parks are found in Mulgrave St. Howick St. Rose Lane and the Brick fields. Houses are a mix of character homes and cottages with plenty of 1920s Californian bungalows and more recent units.

A new subdivision in South (Karla Place) now offers modern architect designed homes equal in value to areas such as Richings Estate in Young Town. A real mix of home ownership in South Launceston, with many professional people now choosing to live in this inner City suburb.

We believe now is a fantastic time to buy Real Estate In Launceston: Below is our 2010 Market Outlook!

The outlook for Tasmania remains positive. It has had small growth over the past few years. It continues to be viewed as a safe and clean green environment in which to live. Property prices are affordable and more opportunities are being created for employment. Sales should decrease as Generation X’ers continue to trade up.

In 2010 Tasmania faces an early State election which could see a change in government, or worse, the election of a minority government, creating an uncertain environment. Further development of the Launceston General Hospital will see an increase in jobs during development and on completion.

Gunns’ Pulp Mill still remains uncertain but has the potential to have a major impact if it proceeds.

Hot Spots
Hot spots in the region include inner city areas which have seen the strongest growth and it is anticipated the suburbs of Invermay, West Launceston, South Launceston and Newstead are likely to benefit from further growth. Rents in Central Launceston, East Launceston and suburbs surrounding the Hospital, University and Maritime College will experience the greatest pressure for rent increases.

Launceston region and surrounds
A major movement for 2010 will be an expected additional 1-5 per cent increase in investor activity, on the back of an already more 10-20 per cent increase for the second half of 2009. This increased activity is driven mainly by the uncertainty of further interest rate rises which may cause investors to proceed with some caution. Tasmania however has a low entry into investment property and is showing solid returns which will attract wary investors and super funds. Investors are expected to replace first home buyers with the removal of the First Home Owners’ Grant Boost. The last few months has already seen a decrease in first home buyer activity but it has also shown they will continue and with increase in prices the Boost has become less relevant. Investors have replaced the first home buyer but not with the same frenzy which took place in the first half of 2009.

Overall it is not expected there will be significant change to the market. Obtaining the stock in the lower end will maintain pressure on prices. Interest rates are expected to continue to increase for the first half of 2010, possibly with two more due, which may make buyers even more cautious. However, many buyers now looking are prepared for these increases. If the economy strengthens, the confidence should counter any increases. The environment continues to impact on the property market with 1-5 per cent of Launceston house hunters looking for energy efficient features, the most popular being approved garden watering systems and solar hot water.

The proposed introduction of energy efficiency regulation of new dwellings would introduce a six star-rating system aimed at reducing Greenhouse gas emissions. Overall, we believe this is a good thing and a chance for the property industry to have an even more positive effect on the environment. However, it should be cautioned, the government should only regulate new homes as older homes would be unfairly discriminated against and their values decreased.

In addition, the government’s proposed emissions trading scheme is seen as a good place to start but the real difference will be made by individuals not by companies.

Conway Street is one that runs to the right half way up Mowbray Hill and continues right to the South Eastern end of Mowbray and in much of it borders the renowned Heritage Forest. It was named after the architect and subdivider, Harry Conway, who with Mr. S.C. Sadler (Sadler St) in 1882 developed the area on the east side of Invermay Road on Mowbray Hill. A good residential street with many homes selling for between $200,000 and $240,000.

Mowbray Heights is the next suburb north of Invermay and now days is the home of the University and Australian Maritime College. Mowbray is named after Martin Mowbray Stephenson who was granted a large parcel of land which now takes in Button Street, Launceston Church Grammar School and most of the streets across to the University. Mowbray has a vibrant shopping and business centre and boasts an excellent 18 hole golf course and the Mowbray Racing centre that caters for gallops, harness racing and the greyhounds. Is situated only a few minutes drive to the Launceston CBD. Most homes fall into the $190,000 to $250,000 price bracket and because of the proximity to the university rents are very good.

Albion Street is perhaps the prettiest in Invermay with many trees and the a large number of character weatherboard homes built between 1900 and 1930. Albion Street runs between Bryan and Taylor Streets and parallel to Invermay Road. A quick walk will get you to the local supermarket, medical centre, chemist and vet surgery.

Eddie Street is small and semi-circular in shape and runs between Invermay road and Mayne Street. The street is named after George T. Eddie who was a district surveyor and he owned land and lived in Invermay Road between Mayne and Landale Streets.

Living in Eddie Street is just so convenient with a Fruit and Vegetable shop on the corner and across Invermay Road there is a Supermarket, Chemist, Medical centre and many other shops. Ten minute walk to the CBD.

Balaclava Street is one of those within a few minutes walk to the CBD and is filled with small character cottages that used to be home to the many railway workers from the Inveresk Railyard. Many of the homes have been renovated over the last five years and to add to the street there is the Inveresk Hotel at one end where some of the best counter meals in Launceston are served.

Richard Bailey
Bushby First National
Sales Consultant

Fantastic beach side hamlet which fronts Bass Strait and has a beautiful child friendly beach.

Walking tracks along the foreshore through to West Head, with some lovely secluded beaches on the way.

Boasting one of Tasmania’s best 9 hole golf courses, tennis courts, borders onto Nawantapu National Park.

Caravan park with cabins and a fantastic general store.

You will be welcomed like an old friend at Greens Beach, which has all the warmth that a small community does.