SOLD
Sold on 25 Mar 2024 for $715,000

29 Welman Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 301m2
Sold By
Elders Real Estate Hobart
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Property Details for 29 Welman St, Launceston

29 Welman St, Launceston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1895. The property has a land size of 301m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Launceston in the last 12 months.

Building Type
House
Year Built
1895
Floor Size
116m2
Land Size
301m2
Local Government
Launceston
Lot/Plan
1/57537

Last Listing description (May 2024)

Elevated, enticing and ideally situated, this free-standing Victorian residence's vibrant views reach over Launceston's city centre to the Tamar River and down the West Tamar Valley. The visual appeal is matched by the attraction of welcoming spaces that await behind a street presence that reflects traditional period elegance.

Ground floor living and dining rooms, each desirably separate, both beautifully proportioned beneath the high ceilings of their era, lead to a kitchen complemented by timber cabinetry and a central island bench before a separate laundry and a downstairs toilet contribute ideal convenience.

An upstairs level dedicated to accommodation features the three principal bedrooms of a home where fourth bedroom flexibility and the spectacular balcony sights add to the attraction. A bright study and a central bathroom complete current indoor dimensions that provide immediate readiness for enjoyment, enhanced by rewarding scope for applying contemporary ideas when so desired.

A courtyard retreat and a secure carport offer pleasing further elements to a property that puts St Georges Square, Windmill Hill Reserve, restaurant options, shopping choices and the CBD only moments away.

Strata: $707* per quarter (including insurance)

*approx

Property History for 29 Welman St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$715,000
25 Mar 2024
Listed for Rent
$390/w
19 Jul 2019
  • 25 Mar 2024
    Sold for $715,000
  • 05 Feb 2024
    Listed for Sale Offers Over $735,000
  • 14 Jun 2019
    Listed for Rent - Price not available
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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 3,721 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:

  • 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.