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Sold on 01 Feb 2024 for $515,000

3/42 Abbott Street
East Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 93m2
Land area: 219m2
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Property Details for 3/42 Abbott St, East Launceston

3/42 Abbott St, East Launceston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 219m2 and floor size of 93m2. 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
Floor Size
93m2
Land Size
219m2
Local Government
Launceston
Lot/Plan
3/114550

Last Listing description (February 2024)

This sunny unit boasts an open-plan layout, combining the kitchen, dining and lounge areas into a harmonious space. With the gentle warmth of a heat pump you'll stay cozy throughout the year, embracing the sunlight that fills the room from dawn to dusk.

Soak in the sun's rays on the lovely balcony, extending from the living area where you can enjoy morning coffee or evening gatherings with friends and family.

This unit offers practicality at its finest, featuring a separate laundry room with generous storage options, making household chores a breeze. Both bedrooms come with built-in wardrobes, providing ample space to keep your belongings organised and out of sight.

Embrace the low-maintenance lifestyle as this unit offers a compact, fully fenced yard. A garage with a remote roller door offers secure parking for your vehicle, while the additional off-street parking spot provides even more convenience.

The unit is set back from the road, ensuring a tranquil atmosphere where peace and quiet reign. Yet, you'll find the property still conveniently within walking distance to local shops, cafes, and schools, making it ideal for families and those seeking a sought -after location.

If you're yearning for a perfect blend of comfort, convenience, and charm, look no further than this sunny unit with a captivating open-plan layout, a sunny balcony, and all the features you desire.

Council Rates approx. $1700 p.a.
Water Rates approx $1200 p.a.

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Property History for 3/42 Abbott St, East Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$515,000
01 Feb 2024
Listed for Rent
$340/w
23 Mar 2020
  • 23 Jan 2024
    Sold for $515,000
  • 02 Nov 2023
    Listed for Sale Not Disclosed
  • 02 Aug 2023
    Listed for Sale Not Disclosed
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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 1,063 properties. Over the last 5 years, Houses in East Launceston have seen a 68.51% increase in median value, while Units have seen a 42.75% increase. As at 31 August 2024:

  • The median value for Houses in East Launceston is $890,738 while the median value for Units is $466,509.
  • Houses have a median rent of $535 while Units have a median rent of $410.
There are currently 11 properties listed for sale, and 7 properties listed for rent in East launceston on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in East launceston.

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Richard Bailey
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