OFF MARKET

1/85 Cambridge Street
West Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 273m2
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Property Details for 1/85 Cambridge St, West Launceston

1/85 Cambridge St, West Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 273m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1979
Floor Size
85m2
Land Size
273m2
Local Government
Launceston
Lot/Plan
1/58440

Last Listing description (June 2021)

This newly renovated 2-bedroom unit located in the highly desirable suburb of West Launceston is ready to go for first home buyers, downsizers or investors.

Tastefully transformed with a neutral colour palate throughout, this is sure to be a popular opportunity in this moving market. The open plan kitchen and living area is spacious for a unit and both bedrooms have new carpet and built-in wardrobes. Freshly painted, new floating timber-look flooring in living space, appealing bathroom and kitchen renovation. New heat-pump, oven, water cylinder and NBN.

The property has a separate toilet and laundry is located in the single-lock up garage, which has remote access. There is a paved, fully fenced court-yard at the side of the home. Situated close to schools, transport and just a 6-minute drive to Launceston's CBD and the Launceston General Hospital. It's a winner!

Built: 1979
Building size: 85m2
Land size: 273m2
Rental income: $350 pw
Council rates approx. $1275 per annum
Water rates approx. $1200 per annum
Shared strata-insurance fee: $490 per year
No body corporate fees

**Harcourts Launceston 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. All measurements are approximate.

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Property History for 1/85 Cambridge St, West Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$330,000
01 May 2021
  • 01 May 2021
    Sold for $330,000
  • 28 Apr 2021
    Listed for Sale Best Offer Over $289,000
  • 13 Mar 2014
    Sold for $160,000
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About West Launceston 7250

The size of West Launceston is approximately 3.9 square kilometres. It has 11 parks covering nearly 26% of total area. The population of West Launceston in 2011 was 4,029 people. By 2016 the population was 4,198 showing a population growth of 4.2% in the area during that time. The predominant age group in West Launceston is 40-49 years. Households in West Launceston are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Launceston work in a professional occupation. In 2011, 71.6% of the homes in West Launceston were owner-occupied compared with 68.4% in 2016.

West Launceston has 2,131 properties. Over the last 5 years, Houses in West Launceston have seen a 64.96% increase in median value, while Units have seen a 44.00% increase. As at 31 October 2024:

  • The median value for Houses in West Launceston is $634,045 while the median value for Units is $394,690.
  • Houses have a median rent of $490 while Units have a median rent of $395.
There are currently 13 properties listed for sale, and 3 properties listed for rent in West launceston on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in West launceston.

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