FOR SALE
O/O $1,100,000

30 Mary Street
East Launceston TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 8
Land area: 620m2
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Mutiple options to buy in the heart of East Launceston

Located in the heart of East Launceston is this property which has multiple options for a buyer seeking a large home in East Launceston.
Option 1 is to purchase the home on a reduced land holding of approximately 620 sqm (STCA subdivision) with driveway access off Tasma Street. Price guide for Option 1 is $1.1M+
Option 2 is to purchase the home on a larger parcel of land approximately 980sqm, boundaries to be finalised STCA. (Price guide for Option 2 is $1.4M+.
Both above options are flexible should a purchaser require adjustments.
Owned by the same family for many decades, it is a significant home ripe for renovation, or redevelop entirely.
With double and triple brick walls throughout the home, it is in mostly original condition and most features have been preserved so such fiddle back timber doors, trim and panelling and a soaring entry vestibule.
Lovers of classic "gentlemens residences" will recognise the potential and detail of the home.
Conversely is the opportunity to develop the home or land for potential subdivision.
With land in East Launceston extremely scare, it is a very attractive development site.
For full details please call Tim or Vicki today to arrange a private inspection.

Property Details for 30 Mary St, East Launceston

30 Mary St, East Launceston is a 4 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 620m2. The place is currently for sale with Saunders Property Group.

Building Type
House
Land Size
620m2

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About East Launceston 7250

The size of East Launceston is approximately 1 square kilometres. It has 3 parks covering nearly 9.1% of total area. The population of East Launceston in 2011 was 2,239 people. By 2016 the population was 2,141 showing a population decline of 4.4% in the area during that time. The predominant age group in East Launceston is 40-49 years. Households in East Launceston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Launceston work in a professional occupation. In 2011, 71.1% of the homes in East Launceston were owner-occupied compared with 68.4% in 2016.

East Launceston has 1,059 properties. Over the last 5 years, Houses in East Launceston have seen a 63.92% increase in median value, while Units have seen a 47.53% increase. As at 31 October 2024:

  • The median value for Houses in East Launceston is $867,295 while the median value for Units is $480,072.
  • Houses have a median rent of $520 while Units have a median rent of $400.
There are currently 10 properties listed for sale, and no properties listed for rent in East launceston on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in East launceston.

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Tim Saunders
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Vicki Hadley
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Saunders Property Group
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