SOLD
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Sold on 28 Oct 2024 for $855,000

2/77-81 Frankland Street
Launceston TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 199m2
Land area: 284m2
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Property Details for 2/77-81 Frankland St, Launceston

2/77-81 Frankland St, Launceston is a 4 bedroom, 2 bathroom House and was built in 1900. The property has a land size of 284m2 and floor size of 199m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Launceston in the last 12 months.

Building Type
House
Year Built
1900
Floor Size
199m2
Land Size
284m2
Local Government
Launceston
Lot/Plan
2/58798

Last Listing description (December 2024)

- Centrally located in one of Launceston most sought-after enclaves
- Easy walk to Charles St Cafe precinct, restaurants and medical facilities
- Built in 1900, the owners have lovingly restored this beautiful building

- Stunning craftmanship through fretwork, mantles and pressed tin ceiling
- Gorgeous hardwood floors flow throughout the home
- Award winning extension by renowned architect Gillian van der Schans
- Beautiful connection between the historic home and modern extension
- Private alfresco and garden are a place to entertain family and friends
- Multiple living rooms include formal lounge, formal dining and upstairs living
- Accommodating up to 4 bedrooms, guest room downstairs with bathroom
- Directly opposite the Launceston General Hospital and health hub
- Fantastic lock up and leave or investment through short term accommodation
- Rear access to private laneway allows for parking and a 2nd access point
- Minutes to the Launceston CBD, stunning local parks and trails

Property History for 2/77-81 Frankland St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$855,000
28 Oct 2024
  • 28 Oct 2024
    Sold for $855,000
  • 08 Oct 2024
    Listed for Sale $845,000 - $895,000
  • 08 Apr 2016
    Sold for $380,000
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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 3,747 properties. Over the last 5 years, Houses in Launceston have seen a 60.75% increase in median value, while Units have seen a 43.01% increase. As at 30 November 2024:

  • The median value for Houses in Launceston is $744,553 while the median value for Units is $514,998.
  • Houses have a median rent of $470 while Units have a median rent of $430.
There are currently 28 properties listed for sale, and 25 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 109 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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McGrath Estate Agents | 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.