OFF MARKET

4/42 Abbott Street
East Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 223m2
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Last updated 16 Sep 2024
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Property Details for 4/42 Abbott St, East Launceston

4/42 Abbott St, East Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 223m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in May 1994.

Building Type
Unit
Year Built
1994
Floor Size
89m2
Land Size
223m2
Local Government
Launceston
Lot/Plan
4/114550

Last Listing description (April 2023)

CONFIGURATION: Sunny unit comprising two spacious bedrooms both with built in robes, open plan kitchen and living area opening out onto the entertaining deck, bathroom with separate bath and shower, separate toilet and single carport.

FEATURES: New carpet throughout, freshly painted, back unit in an elevated position views of Launceston.

HEATING/COOLING: Reverse cycle heat pump.

PARKING: Single carport.

INCLUSIONS: Fridge, washing machine, ground maintenance.

LEASE TERM: The owner will require an initial 12 month lease.

WHAT ABOUT PETS: Sorry, pets are not suitable at this property.

SUBURB PROFILE: Located in a highly sought-after area of Launceston, close to the Aquatic Centre, St Georges Square, cafes, parks, beauty salons, an amazing local deli and just over the hill to the CBD.

Property History for 4/42 Abbott St, East Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$118,000
25 May 1994
Listed for Rent
$400/w
12 Apr 2023
  • 10 Mar 2023
    Listed for Rent - Price not available
  • 12 Nov 2019
    Listed for Rent $340 / week
  • 30 Nov 2017
    Listed for Rent - Price not available
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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, 41 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.