This particular area of Launceston, included in this title, is currently under the "Future Residential Development Project"
https://tomorrowtogetherlaunceston.com.au/st-leonards-and-waverley-neighbourhood-plan
A draft has been sent to me, available on request or follow the prompt above.
The 5 acres including the home and workshop are already zoned 8 - General residential (Homes, units or Townhou