OFF MARKET

11 Wellington Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 170m2
Land area: 281m2
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Property Details for 11 Wellington St, Launceston

11 Wellington St, Launceston is a 3 bedroom, 2 bathroom Unit and was built in 1911. The property has a land size of 281m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1911
Floor Size
170m2
Land Size
281m2
Local Government
Launceston
Lot/Plan
2/56753

Last Listing description (August 2024)

A Launceston identity more than merely a building, this iconic Victorian era terrace has performed several roles with distinction during its storied past. Perfectly positioned for multiple uses, previously used for consulting rooms, its now ready for a make over to create a charming, fabulous inner city residence, returning it to its original function.

Period proportions and high ceilings await behind a facade of grand, graceful aesthetic appeal, enhancing a floor-plan that currently features four principal rooms. Separate downstairs rooms for living and dining lead to a serviceable bathroom and a kitchen space while above, two substantial further rooms, the property's original bedrooms, include one that opens to the evocative balcony.

Functional in its current configuration, clearly offering options to continue as a work-place premises, the opportunity to create a superb inner-city home is complemented by additional bathroom facilities and the convenience of off-street parking for two cars.

Commercial, residential - rewarding either way - adopt this landmark address and adapt as you see fit in a location that puts Launceston CBD, Royal Park, the Tamar River, the Launceston College campus and Cataract Gorge all only moments away.

Property History for 11 Wellington St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$700,000
08 Jun 2021
Listed for Rent
$719/w
15 Jul 2024
  • 05 Aug 2024
    Listed for Sale Offers over $650,000
  • 06 Jun 2024
    Listed for Rent $37,500 / year
  • 03 Oct 2023
    Listed for Sale Offers over $699,000
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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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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.