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Sold on 17 Feb 2024 for $630,000

52 Elizabeth Street
Launceston TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 125m2
Land area: 169m2
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Property Details for 52 Elizabeth St, Launceston

52 Elizabeth St, Launceston is a 4 bedroom, 2 bathroom House. The property has a land size of 169m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Launceston in the last 12 months.

Building Type
House
Floor Size
125m2
Land Size
169m2
Local Government
Launceston
Lot/Plan
3/60999

Last Listing description (February 2024)

Nestled within the heart of Launceston, 52 Elizabeth Street stands as a prime inner-city property, offering a unique blend of versatility and convenience. Boasting an Urban Mixed-Use zoning, this property unfolds a realm of possibilities, catering to an array of purposes. Currently configured as office space, the internal layout is thoughtfully designed for seamless professional operations, yet holds the potential for effortless transformation into a charming residential haven.
Whether you envision a thriving business hub or a cozy residential retreat, the potential of this property is boundless. The strategic location adds another layer of appeal, as it is conveniently positioned just moments away from a vibrant array of restaurants, cafes, shops, and the picturesque Princess Square Park
52 Elizabeth Street encapsulates the essence of adaptability and convenience, making it an outstanding investment opportunity. Whether you aspire to establish a dynamic business or create a comfortable residence, this property effortlessly accommodates your vision, all while enjoying the vibrant amenities just a stone's throw away.

Year Built: 1880
House Size: 125m2
Land Size: 169m2
Council Rates: $1,650pa approx
Water Rates: $1,000pa approx
Municipality: Launceston City Council
School Catchments: East Launceston Primary & Queechy High School
Zoning: Urban Mixed Use

Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 52 Elizabeth St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$630,000
17 Feb 2024
  • 17 Feb 2024
    Sold for $630,000
  • 25 Jan 2024
    Listed for Sale Best Offers Over $650,000
  • 30 Nov 1998
    Sold for $125,000
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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 3,744 properties. Over the last 5 years, Houses in Launceston have seen a 56.44% increase in median value, while Units have seen a 28.42% increase. As at 31 August 2024:

  • The median value for Houses in Launceston is $743,703 while the median value for Units is $461,437.
  • Houses have a median rent of $493 while Units have a median rent of $430.
There are currently 24 properties listed for sale, and 33 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Launceston.

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