OFF MARKET

7 Malabar Street
East Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 146m2
Land area: 611m2
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Property Details for 7 Malabar St, East Launceston

7 Malabar St, East Launceston is a 3 bedroom, 2 bathroom House and was built in 1920. The property has a land size of 611m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
House
Year Built
1920
Floor Size
146m2
Land Size
611m2
Local Government
Launceston
Lot/Plan
31/217377

Last Listing description (August 2024)

Great family home in a desirable location in East Launceston.

The following features are found throughout the property:
- Large open plan living with a large kitchen/dining area.

- Split system heating and cooling. Home also has a serviceable wood heater for those cosy nights.
- Spacious lounge room.
- 3 great sized bedrooms with an ensuite off the rear bedroom.
- Main bathroom includes separate shower and bath.
- Hardwood floors in all living areas.
- Off street parking for 2 cars.

12 Month Lease
No pets.

Please apply online. Property is currently tenanted so inspections will be arranged after your application has been received.

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

A timeline of how this property has performed in the market
Last Sold
$481,000
18 Sep 2019
Listed for Rent
$550/w
26 Jul 2024
  • 09 May 2024
    Listed for Rent $550 / week
  • 06 Dec 2021
    Listed for Rent - Price not available
  • 18 Jun 2021
    Listed for Rent $430 / 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 65.14% increase in median value, while Units have seen a 43.39% increase. As at 30 September 2024:

  • The median value for Houses in East Launceston is $859,305 while the median value for Units is $471,043.
  • Houses have a median rent of $520 while Units have a median rent of $400.
There are currently 9 properties listed for sale, and 2 properties listed for rent in East launceston on OnTheHouse. According to CoreLogic's data, 40 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.