55 Elphin Road, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

55 Elphin Road
Launceston TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 4
Floor area: 321m2
Land area: 701m2
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Property Details for 55 Elphin Rd, Launceston

55 Elphin Rd, Launceston is a 1 bedroom, 1 bathroom House with 4 parking spaces and was built in 1880. The property has a land size of 701m2 and floor size of 321m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1880
Floor Size
321m2
Land Size
701m2
Local Government
Launceston
Lot/Plan
1/240289

Last Listing description (May 2026)

Available- June 1st

Previously operating as a successful Airbnb, this fully furnished 1-bedroom cottage is now available for long-term lease, offering comfortable, low-maintenance living in a highly convenient location. Ideal for a student or working professional seeking easy access to the city and nearby amenities.

Property Features:

- 1 bedroom (queen bed + king single)

- Fully furnished, ready to move in

- Bathroom with a walk-in shower and toilet

- Street parking available

- Compact, easy-care layout

Location Highlights:

Positioned on Elphin Road with a bus stop right at the doorstep, and within proximity to:

- University of Tasmania

- Coles Newstead and the surrounding shops

- Cafs and takeaway options

- Launceston Aquatic Centre & sports facilities

- Launceston LIFT (Health & Fitness Centre)

- Calvary Hospital

- Easy access to the Launceston CBD

Lease Terms:

- 6 or 12-month lease available

A well-located, move-in-ready home offering convenience and lifestyle.
Enquire today to arrange an inspection.

Contact Neha Suyal 0490 120 104 or email nehas@tasbps.com.au or Praveen Pant 0432 256 682/ praveenp@tasbps.com.au

Please Note:

The information provided has been prepared with care; however, Tasmanian Business & Property Sales does not accept responsibility for any inaccuracies. All interested parties should rely on their own enquiries and inspection of the property.

Photographs are indicative only and may not reflect the current presentation. Availability and details are subject to change without notice.

Property Code: 2153

Property History for 55 Elphin Rd, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,165,000
18 Sep 2023
Listed for Rent
$520/w
10 May 2026
  • 01 May 2026
    Listed for Rent $520 / week
  • 20 Feb 2026
    Listed for Sale OFFERS OVER $1,199,000
  • 10 Oct 2025
    Listed for Sale OFFERS OVER $1,280,000
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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 3,721 properties. Over the last 5 years, Houses in Launceston have seen a 32.68% increase in median value, while Units have seen a 29.72% increase. As at 30 April 2026:

  • The median value for Houses in Launceston is $831,502 while the median value for Units is $553,434.
  • Houses have a median rent of $560 while Units have a median rent of $450.
There are currently 19 properties listed for sale, and 14 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 127 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.