OFF MARKET

2/2 Paterson Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Land area: 74m2
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Property Details for 2/2 Paterson St, Launceston

2/2 Paterson St, Launceston is a 2 bedroom, 1 bathroom Unit and was built in 1937. The property has a land size of 74m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1937
Floor Size
74m2
Land Size
74m2
Local Government
Launceston
Lot/Plan
2/147398

Last Listing description (November 2021)

This great inner city apartment is superbly located in the heart of Launceston's CBD with restaurants, shops and entertainment, literally at your doorstep. Rarely is the opportunity offered to own your own trendy apartment right in the centre of our city and it will appeal to first home buyers, downsizers and investors alike. Main features include:

* A low maintenance, two bedroom apartment with urban views
* Great potential for return on investment through short, medium or long term accommodation

* Spacious master bedroom suite with built in storage and double glazing
* Updated modern kitchen with open plan dining and living space
* Sunny living room complete with shelving units
* Large, updated bathroom/laundry with separate toilet
* Convenience of reverse cycle air conditioning
* Polished timber floors
* Shops, cafes, restaurants, hotels & entertainment are all just outside your door
* Walking distance to hospitals, supermarkets, cinema and the Seaport
* 12 minutes to Launceston Airport

Contact Jeremy Wilkinson for your inspection.

Rental Estimate: $350pw Long term
House size: 74m
Land size: 74m
Built: 1937
Rates: $1425pa
Council Zoning: 22.0 Central Business
Council: Launceston
Heritage listed: No

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property History for 2/2 Paterson St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$487,000
05 Oct 2021
Listed for Rent
$395/w
27 Oct 2011
  • 05 Oct 2021
    Sold for $487,000
  • 27 Sep 2021
    Listed for Sale Best Offer Over $379,000
  • 24 Apr 2015
    Sold for $300,000
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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 3,722 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 30 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.