OFF MARKET

125 Margaret St
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 159m2
Land area: 194m2
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Last updated 28 Oct 2024
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Property Details for 125 Margaret St, Launceston

125 Margaret St, Launceston is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2022. The property has a land size of 194m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Townhouse
Year Built
2022
Floor Size
159m2
Land Size
194m2
Local Government
Launceston

Property History for 125 Margaret St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$914,891
04 Jun 2021
  • 04 Jun 2021
    Sold for $914,891

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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 3,719 properties. Over the last 5 years, Houses in Launceston have seen a 53.52% increase in median value, while Units have seen a 31.40% increase. As at 30 September 2024:

  • The median value for Houses in Launceston is $717,012 while the median value for Units is $462,228.
  • Houses have a median rent of $495 while Units have a median rent of $430.
There are currently 28 properties listed for sale, and 36 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.