137 George StreetLaunceston TAS 7250
Property Details for 137 George St, Launceston
Last Listing description (June 2009)
CINDERALLA SYNDROME
POTENTIAL TO TURN THIS VICTORIAN CINDERELLA INTO A BEAUTIFUL PRINCESS. OTHER PROPERTIES IN THIS STREET ALREADY RENOVATED AND RE-SOLD HAVE SHOWN PROVEN CAPITAL GROWTH. THE OPPORTUNITIES AVAILABLE WITH THIS PROPERTY ARE ENDLESS. CURRENTLY THE TOTAL ACCOMMODATION FOR THIS BUILDING INCLUDES A ONE BEDROOM FLAT, A BEDSIT, SHOP FRONT AND WAREHOUSE. ZONED CENTRAL BUSINESS DISTRICT ALLOWING FOR UNLIMITED OPPORTUNITIES TO DEVELOP THIS PROPERTY. PERFECT FOR PROFESSIONALS WITH THE NEED FOR INNER CITY LIVING OR INVESTORS ALIKE. BETTER THAN MONEY IN THE BANK AS IS THIS PROPERTY IS LOOKING AT A RENTAL RETURN OF APPROXIMATELY 8 - 9%. WHY WAIT FOR YOUR FAIRY GODMOTHER, BUY TODAY & MAKE YOUR WISHES COME TRUE! CLICK HERE FOR MORE INFORMATION
Property History for 137 George St, Launceston, TAS 7250
- 05 Dec 2023Sold for $769,000
- 24 Mar 2011Listed for Rent - Price not available
- 10 Feb 2010Listed for Rent - Price not available
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0About 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.
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