173 Wellington StreetLaunceston TAS 7250
Property Details for 173 Wellington St, Launceston
173 Wellington St, Launceston is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 152m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (July 2018)
Situated on the fringe of the CBD and within walking distance to absolutely everything.
Enjoying level access on the ground floor, apartment A has frontage to Wellington St.
Apartment B being upstairs with views to the mountains.
Great long term rental or short term (Airbnb) accommodation, this certainly is a prime opportunity to procure an excellent property in the heart of Launceston with great returns and future capital gains.
Townhouse A - currently tenant at $200 p.w till the 26/4/19
Townhouse B - currently tenanted at $200 p.w till the 3/4/19
These properties are both tenanted so a minimum of 48 hours is required prior to inspection.
Property History for 173 Wellington St, Launceston, TAS 7250
- 30 May 2018Sold for $315,500
- 22 May 2018Listed for Sale Offers Over $299,000
- 18 Oct 2014Sold for $237,500
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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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