3/47 Welman StreetLaunceston TAS 7250
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Convenient City Living with Stunning Views
Property Details for 3/47 Welman St, Launceston
3/47 Welman St, Launceston is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for rent with Harcourts Launceston.
About Launceston 7250
The size of Launceston is approximately 4.5 square kilometres. There are 13 parks, covering nearly 16.4% of the total area. The population of Launceston in 2016 was 2944 people. By 2021 the population was 3110 showing a population growth of 5.6% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation.In 2021, 46.80% of the homes in Launceston were owner-occupied compared with 48.20% in 2016.
Launceston has 3,724 properties. Over the last 5 years, Houses in Launceston have seen a 28.49% increase in median value, while Units have seen a 19.27% increase. As at 30 June 2026:
- The median value for Houses in Launceston is $855,283 while the median value for Units is $562,985.
- Houses have a median rent of $583 while Units have a median rent of $450.
Suburb Insights for Launceston 7250
Market Insights
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