408/3-11 Earl StreetLaunceston TAS 7250
Property Details for 408/3-11 Earl St, Launceston
408/3-11 Earl St, Launceston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 26m2 and floor size of 26m2. While the property is not currently for sale or for rent, it was last sold in July 2008.
Last Listing description (August 2017)
Nestled in Earl Street, in the heart of Launceston, this location couldn't be more perfect. You can rest easy knowing that your investment will be constantly ticking over while you reap the benefits of one of Launceston's premier hotels. With Tasmania's tourism on the rise you have a chance to be a part of it here at the Best Western in Earl Street where everything is already taken care of by the hotel. That means no water/council rates/body corporate fees/maintenance worries or management bills to worry about. Just sit back and take a % of the rooms profits each month. And as an added bonus you will be entitled to spend 4 nights stay every year! All the facilities that you would expect from a quality hotel are found here. Where you can kick back & relax in the Tram Bar or have a meal at Snapper Restaurant. There are also two conference rooms which accommodate up to 150 people.
Property History for 408/3-11 Earl St, Launceston, TAS 7250
- 12 May 2017Listed for Sale $145,000 Per Apartment
- 07 Jul 2008Sold for $145,000
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0About 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.
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