2/99-101 Elizabeth Street, Launceston, TAS 7250 | Townhouse for sale | OnTheHouse
FOR SALE
Offers Over $690,000

2/99-101 Elizabeth Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 114m2
Land area: 175m2
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Character home in central Launceston

Properties which are centrally located and with secure parking are highly sort after in the Launceston CBD so this central townhouse will be a must see for buyers looking for a place to live or an investment property. Located within walking distance to schools, the Cataract Gorge, shopping and entertainment spots, this will suit young professionals or social butterflies looking for a place to call home. With a mixture of original and classic period features throughout the home and the addition of modern creature comforts, this home is easy on the eye and to live in.
Depending on your requirements, this home could have a three bedroom and study configuration with an open plan layout for living. There are two bathrooms, a laundry in the garage and a private courtyard for entertaining. The lock up garage with internal access to the home is a huge plus for the security conscious buyer. There are 2 R/C air conditioners for comfort throughout the home.
This neat and tidy home would make a wonderful investment with centrally located properties always popular amongst renters or for people that work in the CBD. If low maintenance is what you have been looking for then this is well and truly a must see. For further questions, please call Duncan Morrison at Ray White Launceston today.
Please note these photos are from prior to previous tenancy.
*Ray White Launceston has no reason to doubt the accuracy of this information which has been obtained from sources considered to be reliable; however, we cannot guarantee it. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property Details for 2/99-101 Elizabeth St, Launceston

2/99-101 Elizabeth St, Launceston is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 175m2 and floor size of 114m2. The place is currently for sale with Ray White Launceston.

Building Type
Townhouse
Floor Size
114m2
Land Size
175m2
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About Launceston 7250

The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of 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 3,719 properties. Over the last 5 years, Houses in Launceston have seen a 49.52% increase in median value, while Units have seen a 32.72% increase. As at 31 October 2025:

  • The median value for Houses in Launceston is $758,684 while the median value for Units is $492,183.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 29 properties listed for sale, and 11 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 106 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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Duncan Morrison
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Ray White Launceston
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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.