SOLD
Sold on 29 Aug 2024 for $315,000

7/83 Peel Street W
West Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 7/83 Peel St W, West Launceston

7/83 Peel St W, West Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in West Launceston in the last 12 months.

Building Type
Unit
Year Built
1977
Local Government
Launceston
Lot/Plan
3/58873

Last Listing description (September 2024)

Ready-set Investment or First Home!

Introducing 7/83 Peel Street West that presents as a ready-set investment opportunity to add to your portfolio. With a long-term tenant in place at $380 per week, this is an exciting opportunity, in gorgeous West Launceston or an affordable entry in to the market in one of Launceston's best suburbs.
All the hard work has been done with a stylish bathroom renovation that has an attractive colour palate, heated towel-rail and smart mirror, tastefully updated kitchen with great storage, attractive timber-look flooring and freshly painted interior. Boasting a single lock-up garage, separate toilet, quaint back-yard, lovely outlook and NBN. Ideally located just 7 minutes from Launceston's CBD and the Launceston General Hospital, close to schools, public transport, shops and all amenities.

Built: 1977

Building Size: 67m2
Land Size: 92m2
Council Rates: Approx. $1400 per year
Water Rates: Approx. $1300 per year
Zoning: Low Density Residential
Rent: $380 per week
Lease End: October 25th, 2024
Body Corporate: No

**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 7/83 Peel St W, West Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$315,000
29 Aug 2024
  • 06 Sep 2024
    Sold for $315,000
  • 18 Jul 2024
    Listed for Sale Offers Over $295,000
  • 29 Sep 2023
    Listed for Rent $380
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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 2,143 properties. Over the last 5 years, Houses in West Launceston have seen a 70.24% increase in median value, while Units have seen a 48.96% increase. As at 30 November 2024:

  • The median value for Houses in West Launceston is $645,846 while the median value for Units is $412,031.
  • Houses have a median rent of $490 while Units have a median rent of $395.
There are currently 14 properties listed for sale, and 2 properties listed for rent in West launceston on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in West launceston.

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