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Offers Over $289,000

75 Peel Street
West Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1500m2
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1500 Sq Meter Block, 5 Minutes to CBD

This super size block sits in a tranquil setting of West Launceston with brilliant views across Launceston to the mountains beyond.
This is a new pocket of like blocks, offering the opportunity of a mini rural setting while having the luxury of both private and public education opportunities nearby.
Add that 5 minute drive into Launceston with its superb eateries and iconic sites and you can see the attraction of building the ultimate residence.
West Launceston continues to be a highly sought after destination showcasing some of Launceston's finest properties, always something to consider when in investing in property.

Property Details for 75 Peel St, West Launceston

Building Type
Land
Land Size
1500m2

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About West Launceston 7250

The size of West Launceston is approximately 3.9 square kilometres. It has 11 parks covering nearly 26% of total area. The population of West Launceston in 2011 was 4,029 people. By 2016 the population was 4,198 showing a population growth of 4.2% in the area during that time. The predominant age group in West Launceston is 40-49 years. Households in West Launceston are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Launceston work in a professional occupation. In 2011, 71.6% of the homes in West Launceston were owner-occupied compared with 68.4% in 2016.

West Launceston has 2,143 properties. Over the last 5 years, Houses in West Launceston have seen a 70.24% increase in median value, while Units have seen a 48.96% increase. As at 30 November 2024:

  • The median value for Houses in West Launceston is $645,846 while the median value for Units is $412,031.
  • Houses have a median rent of $490 while Units have a median rent of $395.
There are currently 14 properties listed for sale, and 2 properties listed for rent in West launceston on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in West launceston.

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Katrina Garwood
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Ian Mccallum
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