OFF MARKET

86 Margaret Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 122m2
Land area: 192m2
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Last updated 11 Nov 2024
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Property Details for 86 Margaret St, Launceston

86 Margaret St, Launceston is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1826. The property has a land size of 192m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1826
Floor Size
122m2
Land Size
192m2
Local Government
Launceston
Lot/Plan
1/204352

Last Listing description (June 2023)

CONFIGURATION: The stunning combination of this charming 1826 brick cottage cleverly blended with modern architecture has resulted in this beautiful, contemporary and fully renovated home offering 3 bedrooms, all with built-in wardrobes, master bedroom with walk through robe andstylish ensuite, modern open plan kitchen and dining space with breakfast bar, a private patio which opens up via roll away glass doors off the living area, spacious bathroom with luxurious freestanding deep bath, full size, modern laundry with ample storage and bench space.

FEATURES: Low maintenance block, a mixture of polished concrete, timber and tiled flooring, sealed driveway and off-street parking with automated entry gate, fully fenced.

HEATING/COOLING: Reverse cycle air conditioner.

PARKING: Off street for one small vehicle.

INCLUSIONS: Dishwasher.

SUBURB PROFILE: Positioned in the central business district, surrounded by exceptional local cafs and bars, an abundance of parks and recreational areas such as the City Park, Princes Park, Cataract Gorge, Royal Park and a short stroll to popular Charles Street caf strip and the Launceston General Hospital, positioned in Launceston's CBD with restaurants, cafes, shops and entertainment close by, this unique home has all the advantages of a lifestyle townhouse, directly across the road from Brickfields Reserve, easy walking distance to schools, shops, restaurants, cafes andall city conveniences.

WHAT ABOUT PETS: Sorry pets are not suitable at this property.

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Property History for 86 Margaret St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$575,000
20 Dec 2020
Listed for Rent
$495/w
19 Jun 2023
  • 17 May 2023
    Listed for Rent - Price not available
  • 24 Oct 2022
    Listed for Rent - Price not available
  • 28 Sep 2022
    Listed for Rent - Price not available
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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 3,721 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 30 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Launceston.

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