OFF MARKET

4/31 Welman Street
Launceston TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
Land area: 57m2
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Last updated 11 Nov 2024
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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 40m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
Unit
Year Built
1969
Floor Size
40m2
Land Size
57m2
Local Government
Launceston
Lot/Plan
4/57537

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

TV
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

A timeline of how this property has performed in the market
Last Sold
$157,500
12 Jul 2016
Listed for Rent
$350/w
20 Mar 2023
  • 20 Mar 2023
    Listed for Rent $350 / week
  • 05 Dec 2022
    Listed for Rent $350 / week
  • 21 Jun 2017
    Listed for Rent $320 / week
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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, 120 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.