SOLD
Sold on 12 Apr 2024 for $371,500

1/40 Abbott Street
East Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 65m2
Land area: 78m2
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Property Details for 1/40 Abbott St, East Launceston

1/40 Abbott St, East Launceston is a 2 bedroom, 1 bathroom Unit and was built in 1973. The property has a land size of 78m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in East Launceston in the last 12 months.

Building Type
Unit
Year Built
1973
Floor Size
65m2
Land Size
78m2
Local Government
Launceston
Lot/Plan
1/111354

Last Listing description (May 2024)

- Ideal entry point home for either investment or first-time home buyer
- Brick townhouse centrally located within minutes to the CBD
- Situated to all amenities East Launceston has to offer

- Open plan living space is flooding with beautiful all-day sun
- Kitchen is comfortable and offers ample storage and bench space
- A master bedroom with built in wardrobes and beautiful natural light
- Second bedroom offering built in wardrobes or an ideal office space
- Tiled bathroom, walk-in shower for easy accessibility
- Only minutes' walk from multiple cafes, Launceston Aquatic and CBD

Property History for 1/40 Abbott St, East Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$371,500
12 Apr 2024
Listed for Rent
$350/w
20 Sep 2022
  • 12 Apr 2024
    Sold for $371,500
  • 26 Mar 2024
    Listed for Sale $365k - $395k
  • 20 Sep 2022
    Listed for Rent $350 / 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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Josh Hart
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Tiffany Henricks
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McGrath Estate Agents | Launceston
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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.