4/31 Welman StreetLaunceston TAS 7250
Property Details for 4/31 Welman St, Launceston
4/31 Welman St, Launceston is a 1 bedroom, 1 bathroom Unit and was built in 1969. The property has a land size of 57m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are 8 other 1 bedroom Units sold in Launceston in the last 12 months.
Last Listing description (March 2023)
This trendy one bedroom studio apartment in a convenient central location.
Fully furnished with everything you need to move straight in, fabulous city views with sunny northerly aspect. Within walking distance to the CBD & Launceston's famous "Eat Street".
Fully equipped kitchen - all kitchen appliances
Off street parking
Private laundry facilities
Fresh linen
Available long or short term, contact the office today to book an inspection.
$350 per week includes water usage only.
Property History for 4/31 Welman St, Launceston, TAS 7250
- 22 Nov 2024Sold for $315,000
- 20 Mar 2023Listed for Rent $350 / week
- 05 Dec 2022Listed for Rent $350 / week
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 54.90% increase in median value, while Units have seen a 26.18% increase. As at 31 March 2025:
- The median value for Houses in Launceston is $767,983 while the median value for Units is $495,204.
- Houses have a median rent of $470 while Units have a median rent of $450.
What's around 4/31 Welman St, Launceston
4/31 Welman St, Launceston is in the school catchment zone for East Launceston Primary School.
Suburb Insights for Launceston 7250
Market Insights
Launceston Trends for Houses
$768k
4.73%
View Trend$470/W
3.65%
Launceston Trends for Units
$495k
-0.27%
View Trend$450/W
4.46%
Neighbourhood Insights
Age
Population 2,929
0-9
8%
10-19
9%
20-29
19%
30-39
12%
40-49
13%
50-59
15%
60-69
14%
70-79
7%
80-89
3%
90-99
1%
Household Structure
Occupancy
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