OFF MARKET

9 Bifrons Court
Launceston TAS 7250

Bedrooms: 5
Bathrooms: 5
Car spaces: 5
Floor area: 350m2
Land area: 774m2
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Property Details for 9 Bifrons Ct, Launceston

9 Bifrons Ct, Launceston is a 5 bedroom, 5 bathroom Unit with 5 parking spaces and was built in 1930. The property has a land size of 774m2 and floor size of 350m2.

Building Type
Unit
Year Built
1930
Floor Size
350m2
Land Size
774m2
Local Government
Launceston

Last Listing description (May 2015)

Positions virtually 'on the door step' of the Launceston CBD is this fully let five one bedroom flats currently returning almost $40,000 per annum.
Pics denote interior of flat one whilst vacant(to protect the privacy of the tenant).
This is a strictly limited opportunity to purchase one of those properties that rarely come on the market in this exclusive part of Launceston.

Buy to hold or realise it's versatility by upgrading to executive apartments, live in part and rent out some of the flats etc etc.
Rather than go on and on about this 'rare offering' I strongly suggest you contact the listing agent to obtain full information as the potential is virtually unlimited.

Property History for 9 Bifrons Ct, Launceston, TAS 7250

A timeline of how this property has performed in the market
  • 16 Mar 2017
    Listed for Sale OFFERS AROUND $745,000
  • 25 Mar 2014
    Listed for Sale Not Disclosed

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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.