101 Margaret Street, Launceston, TAS 7250 | House for sale | OnTheHouse
 
FOR SALE
$890,000 - $975,000

101 Margaret Street
Launceston TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Renovated home with gorgeous character, secure garaging, hidden backyard as it's sanctury

Rich in character and thoughtfully updated, this beautifully presented home offers a rare combination of timeless charm, generous space and inner city convenience. Ideally positioned close to the Launceston CBD, the home blends high ceilings, original timber details and warm hardwood floors with light filled living spaces, a private garden and flexible accommodation, creating a home that feels both connected and effortlessly comfortable.
- Open plan kitchen, living and dining with stone benchtops and breakfast bar
- Large kitchen opening directly to the garden and alfresco entertaining area
- Formal lounge with French doors opening directly to the garden and greenery
- Private primary suite with renovated ensuite and generous built in storage
- Fourth bedroom upstairs with sweeping city and suburb views beyond
- Flexible upstairs retreat ideal for a home office, guest space or second living
- Secure garaging and additional storage providing practical space for everyday living
- Easy walking access to parks, cafes and the Launceston CBD from home

Property Details for 101 Margaret St, Launceston

101 Margaret St, Launceston is a 4 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with McGrath Estate Agents | Launceston.

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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 3,723 properties. Over the last 5 years, Houses in Launceston have seen a 26.79% increase in median value, while Units have seen a 15.50% increase. As at 31 July 2026:

  • The median value for Houses in Launceston is $873,912 while the median value for Units is $559,475.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 20 properties listed for sale, and 11 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 119 properties were sold in the past 12 months in Launceston.

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Josh Hart
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Harrison Wagner
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McGrath Estate Agents | Launceston
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