OFF MARKET

34 Margaret Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 108m2
Land area: 264m2
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Property Details for 34 Margaret St, Launceston

34 Margaret St, Launceston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 264m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
House
Year Built
1900
Floor Size
108m2
Land Size
264m2
Local Government
Launceston
Lot/Plan
24/96379

Last Listing description (February 2020)

Situated along the popular car dealership strip of Margaret St, and just a stone's throw from the Launceston College & cafes, this is certainly the ideal investment or place to call home. Offering 3 generous sized bedrooms (two with built in robes), cosy lounge with heatpump, large bathroom with separate bath and shower, plus a separate laundry. The open plan kitchen dining includes a large pantry and dishwasher, with sliding door access to the private backyard. The low maintenance yard provides a double length remote access carport, which is also perfect to use when entertaining. Zoned "mixed urban use," it provides many opportunities for one lucky buyer.

Property History for 34 Margaret St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$367,500
24 Jul 2019
Listed for Rent
25 Jul 2019
  • 24 Jul 2019
    Sold for $367,500
  • 05 Jul 2019
    Listed for Rent - Price not available
  • 15 May 2019
    Listed for Sale Best Offer Above $359,000
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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 3,748 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 29 properties listed for sale, and 24 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 111 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.