2/47-49 Elphin RoadLaunceston TAS 7250
Property Details for 2/47-49 Elphin Rd, Launceston
2/47-49 Elphin Rd, Launceston is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 188m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (December 2023)
Introducing 2/47-49 Elphin Road, a lovely 3-bedroom apartment located in an ideal position in Launceston. Walking distance to the CBD, a Coles supermarket, Kmart and a shopping plaza on Racecourse Crescent, close to prestigious private schools, Launceston Church Grammar Junior School, Scotch Oakburn College and public transport.
The position is ideal for both owner-occupiers looking for the convenience of inner-city life or renters, who would be falling over themselves to secure a property is such a great location, making it a smart decision for investors. The property gets all day sun, making it cosy and comfortable all year round and the layout is spacious with open plan lounge and dining, generous sized master suite with walk in robe and en-suite, kitchen with plenty of storage and dishwasher, European Landry, single lock-up garage with remote access, NBN and a bonus for apartment living with a large storage room off the garage just for unit 2. The building is managed by Strata Tasmania and there is security doors with key pad entry at both the front and rear entrances. Boasting mountain views from the balcony off the lounge, reverse cycle and panel heating, lovely original art-deco features, including fireplace and ceiling rose, solid brick-build, updated electrics and Insulated. A great opportunity!
Built: 1930
Land Size: 188m2
Council Rates: Approx. $2200 per year
Water Rates: Approx. $1000 per year
Body Corporate: Yes
Zoning: Inner Residential - Multiple Dwelling
**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 2/47-49 Elphin Rd, Launceston, TAS 7250
- 15 Sep 2023Listed for Rent $500 / week
- 07 Sep 2023Sold for $565,000
- 28 Aug 2023Listed for Sale Offers over $559,000
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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 3,722 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.
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