2/90 Margaret St, Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1880. The property has a land size of 175m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in March 2004.
An affordable inner city pad?
Located as the middle terrace of three in the row, this property has not had quite as many renovations as the homes on either side, and may prove a more affordable purchase for a lucky home owner or investor. There are two good sized bedrooms, and a spacious open plan living area. The interior of the home has recently been repainted in a warm, neutral colour, there is a modern bathroom, Daikin reverse cycle air conditioner, and a sunny courtyard at the rear. Only metres to Brickfields, this property is a short, flat walk to the city and hospital and really would be quite a nice place to call home. Perfectly fine to move into straight away, but with the opportunity to perhaps do some improvements down the track, this really is the ideal, low maintenance city pad.
Additional feature/s - Close to Schools.
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 3,721 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:
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