1/123-125 St John Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1/123-125 St John Street
Launceston TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 226m2
Land area: 276m2
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Property Details for 1/123-125 St John St, Launceston

1/123-125 St John St, Launceston is a 4 bedroom, 2 bathroom Unit and was built in 2017. The property has a land size of 276m2 and floor size of 226m2.

Building Type
Unit
Year Built
2017
Floor Size
226m2
Land Size
276m2
Local Government
Launceston

Last Listing description (September 2024)

Discover the epitome of urban living in this exceptional 2017-built inner-city apartment. With a personal lift ensuring accessibility, this residence boasts forward-thinking features like a 24-panel solar power system. Immerse yourself in the beautifully designed interiors flooded with natural light and equipped with double glazing for tranquility.

The designer kitchen, a haven for culinary pursuits, features abundant bench space, a double-drawer dishwasher and a large butler's pantry. With spacious rooms and two generous living areas including a formal dining space, this home is an entertainer's delight. Four double bedrooms, all with built-in wardrobes offer comfort and style. The master suite is a sanctuary with a courtyard, expansive walk-in wardrobe and a chic ensuite.

Additional attributes include ducted reverse cycle air conditioning, motorised external shutters, a vintage bank safe turned storage room and architecturally drawn plans for a rooftop deck. Benefit from two leased parking spaces behind the apartment, a security alarm and two storage lockers.

Located in the heart of the CBD with entertainment, dining and shopping at your doorstep, this residence offers the perfect blend of modern luxury and convenience and could present an amazing opportunity for a luxury Airbnb. Plus, it's only a short walk to the hospital, supermarkets, schools, and Launceston's shopping mall, making it an ideal urban haven.

Key Features:
- The ultimate inner-city apartment only built in 2017 & in immaculate condition
- Future proofed with a personal lift - no need to climb stairs
- Solar power system - 24 panels
- Beautifully designed with spacious rooms and clever use of natural light
- Blissfully quiet with double glazing and extensive insulation
- Entertainment, restaurants & shopping are literally at your doorstep
- A designer kitchen featuring loads of bench space including an island, double drawer dishwasher plus a large butler's pantry with another dishwasher and sink
- Loads of living space with an open plan kitchen, family room plus formal dining area
- Two generous sized living areas with options to separate with sliding doors
- Four double bedrooms in total- all with built in wardrobes
- Gorgeous master bedroom suite features a courtyard, huge walk-in wardrobe & stylish ensuite
- Convenience of a powder room (toilet & basin) off the living area
- Ducted and zoned reverse cycle air conditioning
- Motorised external shutters on the front windows
- Vintage full-size bank safe converted to a storage room
- Architecturally drawn plans available to the purchaser for rooftop deck
- Parking spaces - 2 parking sites leased directly behind the apartment
- Security alarm, two storage lockers
- Located in the heart of the CBD and still walking distance to supermarkets & schools
- Only 10 minutes' walk to Launceston General Hospital (1km)
- Only 3 minutes' walk (200m) to Launceston's shopping mall
- Close to parks and all inner-city services and amenities

Contact Jeremy Wilkinson & Nav Kaur for further information.

Rental estimate: Up to $750 pw (long term lease)
Apartment size: 246 sqm
Land size: 276 sqm
Built: 2017
Council: Launceston City
Rates: $1,767 pa
Waste collection: $225.50 pa
Body Corporate: $4,570 pa
Zoning: Central Business

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

Property History for 1/123-125 St John St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$286/w
12 Dec 2016
  • 05 Jul 2024
    Listed for Sale Best Offer Over $1,095,000
  • 20 Nov 2023
    Listed for Sale Best Offer Over $1,195,000
  • 12 Apr 2022
    Listed for Sale $1m+ Buyer Enquiry Range
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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 12 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.