SOLD
Sold on 02 Jun 2024 for $1,300,000

5 Spencer Street
East Launceston TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 141m2
Land area: 632m2
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Property Details for 5 Spencer St, East Launceston

5 Spencer St, East Launceston is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1968. The property has a land size of 632m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in East Launceston in the last 12 months.

Building Type
House
Year Built
1968
Floor Size
141m2
Land Size
632m2
Local Government
Launceston
Lot/Plan
2/107660

Property History for 5 Spencer St, East Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,300,000
02 Jun 2024
  • 02 Jun 2024
    Sold for $1,300,000
  • 20 May 2024
    Listed for Sale Expressions of Interest
  • 04 May 2001
    Sold for $157,500

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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 1,062 properties. Over the last 5 years, Houses in East Launceston have seen a 69.55% increase in median value, while Units have seen a 50.31% increase. As at 30 November 2024:

  • The median value for Houses in East Launceston is $878,161 while the median value for Units is $502,036.
  • Houses have a median rent of $520 while Units have a median rent of $405.
There are currently 8 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.