1/12 Racecourse Cres, Launceston is a 2 bedroom, 1 bathroom Unit and was built in 1987. The property has a land size of 171m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 2 bedroom Unit sold in Launceston in the last 12 months.
Positioned in one of Launceston's most convenient locations, this well-maintained unit offers an outstanding opportunity for first-home buyers, downsizers, or investors alike.One of the two units on the title with no active body corporate, this private and low-maintenance property is ideally located directly across from the Racecourse Shopping Hub and within easy walking distance of the Launceston CBD. Families will also appreciate the close proximity to schools, parks, and everyday amenities.Inside, the home features two generous bedrooms, both with built-in robes, a well-appointed bathroom complete with bath, and a separate toilet for added convenience. The light-filled open-plan living and dining area creates a welcoming space to relax and entertain, while the functional kitchen offers ample storage and bench space. A separate laundry adds further practicality.Outside, you'll find a covered carport, a private and easy-care outdoor area, and a handy garden shed, making this an ideal lock-and-leave lifestyle option.Offering comfort, convenience, and excellent investment potential, this is a fantastic opportunity to secure a quality property in a highly sought-after location.Rental appraisal (June 2026): $430 - $460 per week
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 3,725 properties. Over the last 5 years, Houses in Launceston have seen a 28.49% increase in median value, while Units have seen a 19.27% increase. As at 30 June 2026:
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