OFF MARKET

33 Frankland Street
Launceston TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 514m2
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Property Details for 33 Frankland St, Launceston

33 Frankland St, Launceston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 514m2.

Building Type
Unit
Land Size
514m2
Local Government
Launceston

Last Listing description (March 2016)

Incredible views & a coveted location, this fabulous property offers numerous possibilities. With an estimated rental return of $900-$950 per week you won t find a better investment option. Divided into 3 tenancies, the lower level offers 2 super spacious 1 bedroom apartments that could easily be converted to 2 bedrooms (STCA) whilst the whole upper level is sunny 4 bedroom apartment that has the most stunning views over the city. An intriguing property that will appeal to many, please phone to arrange a private inspection - 48 hours notice required.
*More photos to come

Property History for 33 Frankland St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$125/w
23 May 2016
  • 29 Feb 2016
    Listed for Rent - Price not available
  • 18 Jan 2016
    Listed for Sale $775,000

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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 3,720 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 28 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.