4/47 Welman Street, Launceston, TAS 7250 | Apartment for sale | OnTheHouse
FOR SALE
Best Offer Over $399,000

4/47 Welman Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
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City Fringe Apartment with Views

Offering an enviable lifestyle with outstanding long-term growth potential, this superbly positioned property places you right in the heart of one of Launceston's most convenient and connected precincts. Enjoy the ease of being just a short stroll from the vibrant CBD, University of Tasmania, popular cafes and dining options, picturesque parklands, and both Calvary St Vincent's Hospital and Launceston General Hospital, making this an exceptional choice for owner-occupiers and investors alike. With strong and consistent rental demand driven by the prime location, the property presents an exciting opportunity to secure a quality city-fringe asset in a tightly held pocket.
Inside, the light-filled open-plan living and dining area creates a welcoming space to relax and unwind, flowing seamlessly through to the balcony where sweeping views across the Launceston skyline provide the perfect backdrop for your morning coffee or evening drink. The two generously proportioned bedrooms offer comfortable accommodation, including a built-in wardrobe to one, while the central bathroom is thoughtfully designed with convenient access from both bedrooms.
Additional features include an off-street parking space and access to shared greenspace, offering a peaceful outdoor retreat rarely found in such a central location.
Low-maintenance, well-located and packed with lifestyle appeal, this is an outstanding opportunity to enjoy the very best of city-fringe living or secure a smart addition to your investment portfolio. Enquire today!
Rental Estimate: $430 p/w (currently rented at $330/w until July 2026)
House size: 66m2
Land size: 100m2
Built: 1966
Council Zoning: General Residential
Council: City of Launceston
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Property Details for 4/47 Welman St, Launceston

4/47 Welman St, Launceston is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces and was built in 1966. The property has a floor size of 66m2. The place is currently for sale with Harcourts Launceston.

Building Type
Apartment
Year Built
1966
Floor Size
66m2
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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 3,724 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 22 properties listed for sale, and 13 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 119 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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David Hernyk
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Claire Coleman
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Harcourts 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.