1/12 Racecourse Crescent, Launceston, TAS 7250 sold on 23 June 2026 | OnTheHouse
SOLD
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Sold on 23 Jun 2026 for $415,000

1/12 Racecourse Crescent
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 171m2
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Property Details for 1/12 Racecourse Cres, Launceston

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.

Building Type
Unit
Year Built
1987
Floor Size
70m2
Land Size
171m2
Local Government
Launceston
Lot/Plan
1/57568

Last Listing description (July 2026)

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

Property History for 1/12 Racecourse Cres, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$415,000
23 Jun 2026
  • 23 Jun 2026
    Sold for $415,000
  • 16 Jun 2026
    Listed for Sale Offers Over $395,000
  • 28 Nov 2000
    Sold for $66,000
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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 3,725 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:

  • The median value for Houses in Launceston is $855,283 while the median value for Units is $562,985.
  • Houses have a median rent of $583 while Units have a median rent of $450.
There are currently 20 properties listed for sale, and 8 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 130 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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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.