OFF MARKET

71 Peel Street W
West Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1440m2
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Property Details for 71 Peel St W, West Launceston

Building Type
Land
Land Size
1440m2
Local Government
Launceston
Lot/Plan
19/181056

Last Listing description (November 2023)

A fantastic opportunity to build your dream home on a 1,500m2 block in a quality new subdivision (STCA).

This block is located to offer stunning views across Launceston towards the mountains. Only minutes away from local shops and quality schools including St Patrick's College, Prospect High School and Summerdale Primary School and a short drive to Launceston CBD.

Land Size: 1,500m2

Municipality: Launceston City
School Catchments: Summerdale Primary, Prospect High
Zoning: Low Density Residential

Sims for Property 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.

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Property History for 71 Peel St W, West Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$315,000
17 Jun 2023
  • 20 Nov 2023
    Listed for Sale Not Disclosed
  • 17 Jun 2023
    Sold for $315,000
  • 20 Apr 2023
    Listed for Sale Offers Over $295,000
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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 2,132 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 3 properties listed for rent in West launceston on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in West launceston.

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