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Sold on 02 Feb 2024 for $540,000

104 Margaret Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 104 Margaret St, Launceston

104 Margaret St, Launceston is a 2 bedroom, 1 bathroom House. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Launceston in the last 12 months.

Building Type
House
Local Government
Launceston
Lot/Plan
1/28560

Last Listing description (February 2024)

Beautifully renovated, in a prime Launceston position, this exquisite character cottage offers a compelling combination of elegantly finished interiors and light filled living spaces. Framed by a picture perfect front fence and cottage roses, the entry hall is flanked by two spacious bedrooms, one with built-in robes and sunroom. The inviting living room features an exposed brick fireplace and new kitchen with rose wood timber bench-tops. This home includes a light and bright contemporary bathroom with walk-in shower, a Tasmanian Oak vanity and premium fixtures. Two points of access are given to the rear yard including one through the modest undercover area, which is perfect for soaking up the sun, relaxing and entertaining. Plentiful period detail, polished baltic pine floors, high ceilings, evocative ceiling rose and louvre window furnishings create this beautiful abode. Perfect for city workers, down sizers or investors, this home is close to transport and walking distance to the city centre, parks, cafes, Launceston General Hospital and the Cataract Gorge. The central location lends itself the perfect opportunity for Airbnb or short term accommodation which will produce a solid return (please contact the agent for quoted projections).

- Two reverse cycle units for heating and cooling
- Tiled and hardwood timber floors throughout

- Cathedral ceilings in open plan living
- High ceilings in hallway and bedrooms
- Sunroom and built in robes in master bedroom
- Stainless steel appliances
- Floor to ceiling tiles in the bathroom with feature wall, gold tap ware, illuminated mirror
- Louvred windows in bedrooms and bathroom
- English style kitchen sink
- Additional hallway storage

Council rates - $1560 P/A
Water rates - $1000 P/A
Date of construction - Late 1800 - early 1900
Rental and Airbnb estimates - Available on request
Municipality- Launceston City Council
Zoning - General residential

The information on this website has in part been supplied to Harrison Agents Pty. Ltd. by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.

Property History for 104 Margaret St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$540,000
02 Feb 2024
Listed for Rent
07 Feb 2014
  • 02 Feb 2024
    Sold for $540,000
  • 24 Feb 2023
    Listed for Rent $480 / week
  • 17 Oct 2022
    Listed for Sale Offers Over $649,000
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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 3,722 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 30 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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Michael Dearsley
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Siofra Egan
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Harrison Agents Launceston
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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.