306/3-11 Earl StreetLaunceston TAS 7250
Property Details for 306/3-11 Earl St, Launceston
306/3-11 Earl St, Launceston is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 26m2 and floor size of 26m2. While the property is not currently for sale or for rent, it was last sold in July 2016.
Last Listing description (November 2020)
Nestled in Earl St in the heart of Launceston, location couldn't be more perfect. Rest easy knowing that Room 306 will be constantly ticking over while you reap the benefits in one of Launceston's premier hotels. With Tasmania's tourism on the rise the time has never been better to invest in real estate like this.
Particularly here at the Best Western in Earl street where everything is already taken care of by the hotel. That means no water/rates/body corp/maintenance/management bills to worry about. Just sit back and take a % of the rooms profits each month. Not only that as an added bonus you will be entitled to spend 4 nights there every year! Don't wait; snap up this excellent investment opportunity today.
Property History for 306/3-11 Earl St, Launceston, TAS 7250
- 11 Jul 2016Sold for $130,000
- 26 Sep 2015Listed for Sale $150,000
- 18 May 2007Sold for $145,000
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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 3,742 properties. Over the last 5 years, Houses in Launceston have seen a 54.95% increase in median value, while Units have seen a 38.72% increase. As at 31 January 2025:
- The median value for Houses in Launceston is $745,987 while the median value for Units is $503,014.
- Houses have a median rent of $475 while Units have a median rent of $450.
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