SOLD
Sold on 05 Jun 2024 for $545,000

6/47-49 Elphin Road
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 125m2
Land area: 129m2
Sold By
Elders Real Estate Launceston
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Property Details for 6/47-49 Elphin Rd, Launceston

6/47-49 Elphin Rd, Launceston is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 129m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Launceston in the last 12 months.

Building Type
Unit
Year Built
1930
Floor Size
125m2
Land Size
129m2
Local Government
Launceston
Lot/Plan
6/109479

Last Listing description (July 2024)

A private and secure 3-bedroom, 2-bathroom apartment ideally situated in Launceston. Conveniently located within walking distance to the CBD, Coles supermarket, Kmart, Racecourse Crescent shopping plaza, and prestigious private schools such as Launceston Church Grammar Junior School and Scotch Oakburn College along with Public transport.

This prime location appeals to both owner-occupiers seeking inner-city convenience with the ability to 'lock-up-and-leave' along with renters attracted to the area's desirability, making it an attractive prospect for investors. The property enjoys abundant natural light throughout the day, ensuring year-round comfort. The layout is spacious, featuring an open-plan lounge and dining area, a generously sized master suite with a walk-in robe and ensuite, a kitchen with ample storage and a dishwasher, a European laundry, and a single lock-up garage.

Additional amenities include NBN connectivity and a sizable storage room exclusive to Unit 6. Managed by Strata Tasmania, the building offers security with keypad entry at both the front and rear entrances. The apartment boasts mountain views from the balcony, reverse cycle and panel heating, charming original art-deco features such as a fireplace and ceiling rose and solid brick construction.

This is an exceptional opportunity not to be missed!

Rates: $2,239.50 approx per year
Strata fees: $955 approx per quarter

** There is 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.**

Property History for 6/47-49 Elphin Rd, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$545,000
05 Jun 2024
Listed for Rent
$435/w
10 Mar 2022
  • 05 Jun 2024
    Sold for $545,000
  • 25 Mar 2024
    Listed for Sale Offers Over $550,000
  • 08 Mar 2022
    Listed for Rent $435 / 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 3,722 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 38 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 116 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.