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Sold on 23 Jul 2024 for $1,840,000

1 Welman Street
Launceston TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 296m2
Land area: 817m2
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Elders Real Estate Hobart
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Property Details for 1 Welman St, Launceston

1 Welman St, Launceston is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 1840. The property has a land size of 817m2 and floor size of 296m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Launceston in the last 12 months.

Building Type
House
Year Built
1840
Floor Size
296m2
Land Size
817m2
Local Government
Launceston
Lot/Plan
9/30372

Last Listing description (July 2024)

Welcome to 1 Welman Street, Launceston - where history meets contemporary luxury. This exquisite property, built in 1860 by Tasmania's renowned architect James Bennell, stands as a testament to timeless elegance and craftsmanship.

Perched atop the picturesque Launceston landscape, this home boasts breathtaking views of the city skyline and the tranquil Tamar Valley. Its terraced lawns and gardens provide the perfect backdrop for relaxation and entertainment, offering a serene escape from the hustle and bustle.

Step inside to discover a superbly renovated residence, meticulously designed to offer a stylish inner-city lifestyle. Featuring four generously sized bedrooms, including a master suite that offers unparalleled privacy and separation from the rest of the house - ideal for both families and guests alike.

The heart of this home is its chef-style stainless steel kitchen, where culinary dreams come to life. Warm and inviting living spaces create the perfect atmosphere for cozy evenings spent with loved ones. And for those who love to entertain, the fabulous light-filled dining room offers panoramic city views, making every meal an experience to remember.

Outside, several outdoor entertaining areas beckon, providing the ultimate setting for year-round alfresco living. Whether it's a summer barbecue or a winter soiree, you'll find the perfect spot to host gatherings and create lasting memories.

But perhaps one of the most coveted features of this property is its unrivaled inner-city parking. With secure parking for up to six cars, you'll never have to worry about finding a spot again - making city living both convenient and stress-free.

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Property History for 1 Welman St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,840,000
23 Jul 2024
  • 23 Jul 2024
    Sold for $1,840,000
  • 19 Jun 2024
    Listed for Sale Offers Over 1.8 million
  • 27 Nov 2000
    Sold for $255,000
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About Launceston 7250

The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of total area. The population of Launceston in 2011 was 2,897 people. By 2016 the population was 2,929 showing a population growth of 1.1% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation. In 2011, 47% of the homes in Launceston were owner-occupied compared with 48.2% in 2016.

Launceston has 3,720 properties. Over the last 5 years, Houses in Launceston have seen a 53.73% increase in median value, while Units have seen a 42.25% increase. As at 31 October 2024:

  • The median value for Houses in Launceston is $734,272 while the median value for Units is $497,284.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 31 properties listed for sale, and 28 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Launceston.

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