OFF MARKET

3/75 High Street
East Launceston TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 41m2
Land area: 55m2
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Property Details for 3/75 High St, East Launceston

3/75 High St, East Launceston is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 55m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
Unit
Year Built
1975
Floor Size
41m2
Land Size
55m2
Local Government
Launceston
Lot/Plan
3/152728

Last Listing description (April 2019)

The perfect investment exists right here!
Exclusive High Street showcases many grand homes and this charmer will allow you the ideal opportunity to increase the value and capitalise on future growth in highly sought after East Launceston.
The apartment enjoys a sunny position and has a North facing rear courtyard. Further potential for running as an Air BnB (STCA) as these studios are in the ideal location for visitors to our amazing city.

Securely tenanted and extremely low maintenance, this solid studio apartment is across the road from St George's Square, right near Eat Street and the cafe's, parks and butcher and a short walk into Launceston City Centre.
This is a superb chance to start or add to you investment portfolio. Or maybe for you to downsize to in the future. Currently tenanted until August 2019.
Don't blink or you will miss it!
Call Craig or Deb from the Spouses Selling Houses team at Nest Property now!

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 3/75 High St, East Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$175,000
18 Mar 2019
Listed for Rent
$165/w
31 Jul 2017
  • 18 Mar 2019
    Sold for $175,000
  • 05 Feb 2019
    Listed for Sale Offers Over $179,000
  • 05 Jul 2017
    Listed for Rent $165 / 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 9 properties listed for sale, and 1 property listed for rent in East launceston on OnTheHouse. According to CoreLogic's data, 38 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.