SOLD
Sold on 29 Jul 2024 for $915,000

4 Welman Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 288m2
Land area: 908m2
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Property Details for 4 Welman St, Launceston

4 Welman St, Launceston is a bedroom, bathroom House and was built in 1850. The property has a land size of 908m2 and floor size of 288m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other bedroom House sold in Launceston in the last 12 months.

Building Type
House
Year Built
1850
Floor Size
288m2
Land Size
908m2
Local Government
Launceston
Lot/Plan
1/224707

Property History for 4 Welman St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$915,000
29 Jul 2024
  • 29 Jul 2024
    Sold for $915,000

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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, 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.