2/113 Margaret StreetLaunceston TAS 7250
Property Details for 2/113 Margaret St, Launceston
2/113 Margaret St, Launceston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 180m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Launceston in the last 12 months.
Last Listing description (August 2024)
Welcome to this inviting 1-bedroom unit on Margaret Street in Launceston. Perfectly positioned within walking distance to the CBD, hospital, and local cafes, this home is ideal for those looking to downsize.
The unit features an open plan kitchen and living area, complete with a heat pump, ceiling fan, and floating floors. The kitchen has tiled flooring, offering both style and practicality. The bedroom is carpeted, equipped with a ceiling fan, and includes built-in wardrobes for ample storage.
Step through the sliding doors from the living area to a covered deck, bathed in sunlight, and equipped with adjustable side awnings for your comfort. The outdoor space includes both grassed and paved areas, along with a garden shed, all within a fully fenced backyard.
Additionally, there is a carport for one car. This well-maintained unit is ready for you to move in and enjoy. Don't miss out on this opportunity to secure a lovely home in a prime location.
Council Rates approx. $1600 p.a.
Water Rates approx. $1200 p.a.
Property History for 2/113 Margaret St, Launceston, TAS 7250
- 13 Aug 2024Sold
- 05 Jun 2024Listed for Sale Offers Over $429,000
- 12 Jun 2019Sold for $290,000
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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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