FOR SALE
Best Offer Over 549,000

50 Abbott Street
East Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Discover the Charm of East Launceston Living – Your Ideal Cottage Awaits!

Unveiling a delightful 1910 cottage in the coveted East Launceston, this property is a true gem with a versatile floor plan, providing an array of possibilities. Here's your chance to secure a property with local business zoning, offering an exceptional opportunity in this sought-after suburb.
Key Features
– Charming 1910 cottage with local business zoning
– Explore an alternative palette with the artist's impression image of the front facade
– 3 bedrooms, well-appointed kitchen, dining area, separate living space, studio, sunroom
– Low-maintenance paved yard perfect for both residential and commercial use
– Potential for retail, medical, or professional offices (STCA)
– Centrally located in East Launceston's vibrant cafe and shopping hub
– Quick and convenient access to the CBD
Versatility Redefined
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Property Details for 50 Abbott St, East Launceston

50 Abbott St, East Launceston is a 2 bedroom, 1 bathroom House with 1 parking spaces. The place is currently for sale with The Agency Tasmania.

Building Type
House

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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 1,063 properties. Over the last 5 years, Houses in East Launceston have seen a 68.51% increase in median value, while Units have seen a 42.75% increase. As at 31 August 2024:

  • The median value for Houses in East Launceston is $890,738 while the median value for Units is $466,509.
  • Houses have a median rent of $535 while Units have a median rent of $410.
There are currently 11 properties listed for sale, and 7 properties listed for rent in East launceston on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in East launceston.

Suburb Insights for East Launceston 7250

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Karen Magnotta
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The Agency Tasmania
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.