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 1,059 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 9 properties listed for sale, and 1 property listed for rent in East launceston on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in East launceston.

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Suburb Insights for East Launceston 7250

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Karen Magnotta
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