5/5 Collins StreetSouth Launceston TAS 7249
Property Details for 5/5 Collins St, South Launceston
5/5 Collins St, South Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 167m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Last Listing description (July 2018)
You won t find a happier, longer-term tenant than this one. Rented at $390 per fortnight, this cute brick unit has just had fresh paint and floor coverings.
With 2 bedrooms, tidy bathroom and a generous laundry/store area, the living space faces north, taking in sun all day.
Undercover parking, built in robes, separate toilet and a quiet location close to the city, you cannot go wrong here. (approx. 5.8% return).
Property History for 5/5 Collins St, South Launceston, TAS 7249
- 09 Jul 2019Sold for $200,000
- 04 Oct 2018Sold for $176,500
- 03 Nov 2017Listed for Sale Offers Over $175,000
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About South Launceston 7249
The size of South Launceston is approximately 2.8 square kilometres. It has 8 parks covering nearly 5.4% of total area. The population of South Launceston in 2011 was 4,447 people. By 2016 the population was 4,589 showing a population growth of 3.2% in the area during that time. The predominant age group in South Launceston is 20-29 years. Households in South Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Launceston work in a professional occupation. In 2011, 54.1% of the homes in South Launceston were owner-occupied compared with 52.6% in 2016.
South Launceston has 2,414 properties. Over the last 5 years, Houses in South Launceston have seen a 56.01% increase in median value, while Units have seen a 43.01% increase. As at 31 October 2024:
- The median value for Houses in South Launceston is $530,619 while the median value for Units is $378,810.
- Houses have a median rent of $480 while Units have a median rent of $400.
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