96 Arthur StreetEast Launceston TAS 7250
Property Details for 96 Arthur St, East Launceston
96 Arthur St, East Launceston is a 0 bedroom, 0 bathroom Unit and was built in 1962. The property has a land size of 589m2 and floor size of 460m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Last Listing description (July 2020)
Located on the doorstep to the CBD in Launceston's premium residential area with lofty views of the city, Tamar River and Gorge, the property is currently run as short term accommodation showing well over $200,000 annual income.
- Approved Strata Plan to strata to 8 individual apartments offering the buyer complete long term upside or sell off ability
- Well maintained building offered for sale on a fully furnished basis
- Stable turn over with growth potential within Tasmania's booming tourism market
- Further development potential for additional level/s (STCA)
Priced to sell, this stable income producing asset with clear future upside is a must see.
For further details contact Blake Shepherd
Property History for 96 Arthur St, East Launceston, TAS 7250
- 21 Jul 2020Sold for $1,550,000
- 23 Mar 2020Listed for Rent $310 / week
- 04 Sep 2019Listed for Sale Offers Over $1,550,000
Recent sales nearby
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0About East Launceston 7250
The size of East Launceston is approximately 1.0 square kilometres. There are 3 parks, covering nearly 9.1% of the total area. The population of East Launceston in 2016 was 2143 people. By 2021 the population was 2270 showing a population growth of 5.9% in the area during that time. The predominant age group in East Launceston is 50-59 years. Households in East Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Launceston work in a professional occupation.In 2021, 67.40% of the homes in East Launceston were owner-occupied compared with 68.40% in 2016.
East Launceston has 1,076 properties. Over the last 5 years, Houses in East Launceston have seen a 26.56% increase in median value, while Units have seen a 17.72% increase. As at 31 July 2026:
- The median value for Houses in East Launceston is $969,417 while the median value for Units is $541,084.
- Houses have a median rent of $580 while Units have a median rent of $435.
Suburb Insights for East Launceston 7250
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