SOLD
Sold on 10 Feb 2024 for $490,000

1/31 Abbott Street
East Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 154m2
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Property Details for 1/31 Abbott St, East Launceston

1/31 Abbott St, East Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 154m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in East Launceston in the last 12 months.

Building Type
Unit
Year Built
1983
Floor Size
74m2
Land Size
154m2
Local Government
Launceston
Lot/Plan
1/57835

Last Listing description (November 2023)

Introducing a charming 2-bedroom, 1-bathroom brick unit, located in a well-maintained block of just three units in fabulous East Launceston!

A great neighbourhood, just steps from local shops and cafes, this unit offers the perfect blend of comfort, lifestyle and convenience.

Step inside to discover a welcoming interior bathed in neutral tones, creating a soothing and versatile canvas for your personal touch. The living and dining area provides ample room for relaxation and entertainment, while the adjacent kitchen boasts modern amenities and great storage with a large pantry.

Both bedrooms offer peaceful retreats with abundant natural light and built in robes, and the central bathroom is tastefully appointed. There is a separate toilet for added convenience.

This unit also includes the added bonus of a dedicated carport, ensuring that your vehicle is sheltered from the elements year-round.

Conveniently situated within easy reach of local shops, schools, parks, and public transport, this unit is the ideal opportunity for first-time homebuyers, downsizers, or astute investors. Don't miss out on the chance to make this charming unit your own - book a viewing today and experience the comfort and convenience it has to offer.

Council rates: $399.93 p/q approx.
Water rates: $270 p/q approx.
Strata Insurance fee $481.43 per annum
House size: 74m2
Land size: 154m2
Year built: 1983
Zoning: General residential

Belle Property have obtained all information in this document from sources considered to be reliable. All information is published solely for potential purchasers to assist them in deciding if they wish to make further enquiries.

Property History for 1/31 Abbott St, East Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$490,000
10 Feb 2024
Listed for Rent
$425/w
30 May 2023
  • 10 Feb 2024
    Sold for $490,000
  • 14 Nov 2023
    Listed for Sale Offers Over $495,000
  • 24 Apr 2023
    Listed for Rent $425 / week
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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 1 property listed for rent in East launceston on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in East launceston.

Suburb Insights for East Launceston 7250

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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.