OFF MARKET

114 Cambridge Street
West Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 109m2
Land area: 927m2
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Last updated 11 Nov 2024
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Property Details for 114 Cambridge St, West Launceston

114 Cambridge St, West Launceston is a 3 bedroom, 1 bathroom House and was built in 1965. The property has a land size of 927m2 and floor size of 109m2.

Building Type
House
Year Built
1965
Floor Size
109m2
Land Size
927m2
Local Government
Launceston
Lot/Plan
3/141256

Last Listing description (August 2023)

Introducing 114 Cambridge Street that would make a great first home or smart investment in gorgeous West Launceston. This well-cared for, 3-bedroom property is north-facing and sun- drenched and boasts separate laundry and toilet, outdoor studio, generous under house storage, great sized back-yard fully fenced for children and pets, expansive outlook, neat established front and back garden and ideally located just 8 minutes from Launceston's CBD and the Launceston General Hospital. Close to public transport, schools, shops, service station and all amenities, there's convenience at every turn. Potential strata-development opportunity also (STCA), this property has potential plus!

Built: 1962
Building Size: 108m2

Land Size: 927m2
Council Rates: Approx. $1700 per year
Water Rates: Approx. $800 per year
Zoning: General Residential
Rental Appraisal: Current estimate $450 per week. Renovated estimate $550 per week.

**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 114 Cambridge St, West Launceston, TAS 7250

A timeline of how this property has performed in the market
  • 20 Jun 2023
    Listed for Sale Offers over $475,000

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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 15 properties listed for sale, and 2 properties listed for rent in West launceston on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in West launceston.

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