OFF MARKET

163A Wellington Street
Launceston TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 163a Wellington St, Launceston

163a Wellington St, Launceston is a 1 bedroom, 1 bathroom House with 1 parking spaces.

Building Type
House
Local Government
Launceston

Last Listing description (October 2024)

Perfect inner-city unit, close to cafes, restaurants and other entertainment that Launceston has to offer. All modes of public transport, the LGH and a range of bars and restaurants only a short stroll away. Opportunities like this don't come up every day.At this stage we are only offering a twelve month lease .

Featuring:

* One bedroom unit

* Updated kitchen with good storage space
* Bathroom with separate toilet
* Courtyard

Property History for 163a Wellington St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$320/w
19 Jun 2023
  • 13 Jun 2023
    Listed for Rent $320 / week
  • 06 Jan 2021
    Listed for Rent $270 / week
  • 20 Sep 2016
    Listed for Rent $210 / week
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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 3,720 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.
There are currently 31 properties listed for sale, and 28 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Launceston.

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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.