OFF MARKET

112 Margaret Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 501m2
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Property Details for 112 Margaret St, Launceston

112 Margaret St, Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1910. The property has a land size of 501m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in January 2015.

Building Type
Unit
Year Built
1910
Floor Size
116m2
Land Size
501m2
Local Government
Launceston
Lot/Plan
2/111852

Last Listing description (July 2014)

GORGEOUS FULLY FURNISHED TWINS - UNIQUE OPPORTUNITY ON FRINGE OF CBD
** CLICK ON THE VIDEO/VIRTUAL TOUR BUTTON FOR FULL HD VIDEO TOUR (NOT JUST A PHOTO SLIDESHOW!) **WHAT A UNIQUE OPPORTUNITY! SELF MANAGED SUPER? SHORT TERM RENTALS? LIVE IN ONE, RENT THE OTHER? REGARDLESS OF YOUR GAME PLAN, THIS DUAL-RESIDENCE PROPERTY IS GOING TO EXCITE A RANGE OF BUYERS. INDEED, THIS IS A PARTICULARLY UNUSUAL OFFERING TO THE MARKET, WHERE YOU CAN PURCHASE TWO AMAZING RESIDENCES ON JUST THE ONE EASY TITLE, PERFECTLY LOCATED ON THE FRINGE OF THE CBD. - GORGEOUS COLONIAL REPRODUCTIONS, CRAFTSMAN BUILT WITH METICULOUS ATTENTION TO DETAIL IN 1995- CHARACTER FEATURES DRAMATICALLY THROUGHOUT WITH RICH TONES & TEXTURES- LOVELY TIMBER PANELLING, ELABORATE DRAPERY, ORNATE FIREPLACES, HIGH CEILINGS, FRENCH DOORS, WALL SCONCES- LEVEL 10 MINUTE STROLL INTO HEART OF LAUNCESTON'S CBD, SHOPS, SERVICES & BUS DEPOT- LOCAL PARK 'BRICKFIELDS' JUST 250M AWAY, PERFECT FOR EXERCISE & RELAXATION- 400M TO COLES SUPERMARKET & 500M TO 24HR SERVICE STATION/CONVENIENCE STORE DAVIES GRAND CENTRAL- LAUNCESTON GENERAL HOSPITAL HOSPITAL IS ALSO NEARBY, BEING JUST 600M AWAY- BOTH RESIDENCES ARE IN EXCELLENT CONDITION, & INCLUDE 2 BEDROOMS, 2 LIVING AREAS, SPA BATHROOM, COURTYARD- BEING SOLD FULLY FURNISHED, SO THERE'S ABSOLUTELY NO NEED FOR 'DOWN-TIME' AFTER SETTLEMENT WHILE GETTING READY TO RENT OUT- THIS PROPERTY REPRESENTS TWO GREAT INVESTMENTS, OR YOU COULD VERY EASILY LIVE IN 1, RENT OTHERCALL NOW FOR FURTHER INFORMATION & TO BOOK YOUR INSPECTION TODAY.

Property History for 112 Margaret St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$325,000
08 Jan 2015
Listed for Rent
$450/w
02 Dec 2010
  • 08 Jan 2015
    Sold for $325,000
  • 29 Oct 2013
    Listed for Sale $480,000
  • 12 May 2009
    Listed for Rent - Price not available
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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 3,721 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.