OFF MARKET

7 High Street
East Launceston TAS 7250

Bedrooms: -
Bathrooms: 1
Car spaces: 2
Floor area: 2103m2
Land area: 2593m2
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Property Details for 7 High St, East Launceston

Building Type
Commercial
Year Built
1937
Floor Size
2103m2
Land Size
2593m2
Local Government
Launceston
Lot/Plan
1/143298

Last Listing description (May 2023)

7 High Street, provides a high profiled office block sought after by prospective tenants in the medical sector.

Previously used as Launceston's main private hospital, the building includes a number of suites of varying size and configuration. A feature of the property is the location on the fringe of the CBD, and with very good on-site and street car parking available.

The property is serviced by a lift to the first floor tenancies, with many benefiting from the panoramic outlook to the north and east.

Property History for 7 High St, East Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$3,800,000
05 Oct 2021
Listed for Rent
03 Nov 2017
  • 05 Oct 2021
    Sold for $3,800,000
  • 17 Jan 2019
    Listed for Rent $25,000 / year
  • 26 Jul 2018
    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 1,059 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.