SOLD
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Sold on 18 Jul 2024 for $1,000,000

39 French Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 141m2
Land area: 360m2
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Property Details for 39 French St, Launceston

39 French St, Launceston is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 360m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Launceston in the last 12 months.

Building Type
House
Floor Size
141m2
Land Size
360m2
Local Government
Launceston
Lot/Plan
1/217223

Last Listing description (July 2024)

Situated in one of Launceston's most sought-after pockets, this beautifully renovated north-facing terrace on French Street presents a rare opportunity.
Spanning three levels, the renovation of this 3 bedroom home has been elegantly executed, maintaining the charming heritage of its circa 1880 build while incorporating a contemporary extension. High-quality workmanship, fittings, and fixtures are evident throughout, complementing the home's original features. Beautiful decorative hallway arches, ceiling roses, wide cornices, and skirting boards are all enhanced by soaring ceilings.
The three generous bedrooms are serviced by the updated bathroom as well as a convenient powder room. At the rear, the open plan kitchen opens onto an undercover deck with expansive glass doors, seamlessly extending the living and entertaining area with perfect sunset views.

Currently operating as an Airbnb, the property generates an approximate annual gross income of $50,000, offering the potential for steady income.
This pocket of Launceston is highly desirable due to its close proximity to the CBD, parks, and Launceston General Hospital, while Charles Street's cafes, restaurants, and wine bars are just a short walk away.

The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.

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Property History for 39 French St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,000,000
18 Jul 2024
  • 18 Jul 2024
    Sold for $1,000,000
  • 19 Jun 2024
    Listed for Sale Expressions of Interest
  • 16 May 2022
    Sold for $920,000
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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 3,722 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.

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