1/109 Margaret Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1/109 Margaret Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 120m2
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Last updated 22 Jun 2026
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Property Details for 1/109 Margaret St, Launceston

1/109 Margaret St, Launceston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2015. The property has a floor size of 120m2.

Building Type
Townhouse
Year Built
2015
Floor Size
120m2
Local Government
Launceston

Last Listing description (February 2024)

CONFIGURATION: Fully furnished with quality appliances, this two story town house comprises of open plan living, kitchen and dining with access to a sunny upper level deck complete with stainless steel Smeg BBQ and outdoor kitchen, spacious master bedroom with built in robes and ensuite, a second living area downstairs with guest bedroom and bathroom, access to a second private courtyard, internal laundry and garage space for a small to medium size vehicle plus on street parking is usually available.

FEATURES: This architect designed townhouse will be sure to impress, featuring a stunning floating steel and Tas Oak timber staircase, custom made cabinetry and quality fixtures and fittings, including a concealed dishwasher & fridge freezer, gas cooktop, NBN ready.

HEATING/COOLING: Two reverse cycle air conditioning units, one on each level.

INCLUSIONS: Fully furnished.

LEASE TERM: The owner will require an initial 12 month lease.

SUBURB PROFILE: Located just moments from the city centre, close to cafes, restaurants and shopping and a short stroll to the Brickfields park, within a short walk to the Seaport and Cataract Gorge.

WHAT ABOUT PETS: Strictly no pets.

Property History for 1/109 Margaret St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$600/w
05 Feb 2024
  • 18 Jan 2024
    Listed for Rent $600 / week
  • 27 Jan 2021
    Listed for Rent $550 / week
  • 03 Feb 2020
    Listed for Rent $520 / week
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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 29.47% increase in median value, while Units have seen a 24.45% increase. As at 31 May 2026:

  • The median value for Houses in Launceston is $854,205 while the median value for Units is $556,922.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 21 properties listed for sale, and 13 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 122 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.