FOR SALE
Offers Above $1,199,000

64 Elphin Road
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: 5
Floor area: 188m2
Land area: 1272m2
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Rare Opportunity on Two Titles in CBD

Located on arguably Launceston's most prestigious streets, this rare opportunity is available for the first time in over 60 years. This property is only a short stroll to Launceston's CBD, City Park, and the newly developed UTAS campus. The house itself is one of the largest two bedroom homes you'll see with large, spacious rooms and high ceilings, and it previously used to be a three bedroom so could be converted back if so desired. There is also plenty of off street parking, a rarity in the CBD and you have a very spacious garage behind with bedroom sized rooms adjoining. On the street, you are surrounded by doctors and other businesses in the medical trade, so subject to council approval could be a great location to be turned into something similar, especially with the ample parking out the back. Being on two titles already makes this home a very rare find and a great opportunity. For your own private inspection call Peter Lees Real Estate today.
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Boundary lines are indicative only.

Property Details for 64 Elphin Rd, Launceston

64 Elphin Rd, Launceston is a 2 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 1272m2 and floor size of 188m2. The place is currently for sale with Peter Lees Real Estate.

Building Type
House
Floor Size
188m2
Land Size
1272m2

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About Launceston 7250

The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of total area. The population of Launceston in 2011 was 2,897 people. By 2016 the population was 2,929 showing a population growth of 1.1% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation. In 2011, 47% of the homes in Launceston were owner-occupied compared with 48.2% in 2016.

Launceston has 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 53.73% increase in median value, while Units have seen a 42.25% increase. As at 31 October 2024:

  • The median value for Houses in Launceston is $734,272 while the median value for Units is $497,284.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 31 properties listed for sale, and 30 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Launceston.

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