1/2 Elphin Road, Launceston, TAS 7250 | Property Value & History | OnTheHouse
 
OFF MARKET

1/2 Elphin Road
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 107m2
Land area: 155m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low
High
Share
Save

Property Details for 1/2 Elphin Rd, Launceston

1/2 Elphin Rd, Launceston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 155m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1990
Floor Size
107m2
Land Size
155m2
Local Government
Launceston
Lot/Plan
1/56623

Last Listing description (August 2022)

Ideally located a minutes walk to many of the iconic Launceston attractions including the CBD, City Park, cafes, restaurants, essential services and public transport.

This sun-filled, corner apartment is solidly built and offers 2 bedrooms plus a turret ideal for a study or third bedroom. Generous open plan living, 2 bathrooms, sun balcony with great views, double glazing, secure garaging, separate laundry and storeroom.

Being sold fully furnished this apartment is the ideal turn key city base or a set and forget investment with a rental appraisal of $470 - $500 per week. With all of the main living on one level and visitor parking at your back door, this property is perfect for young professionals or downsizers looking for a low maintenance, inner city lifestyle.

Show More

Property History for 1/2 Elphin Rd, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$561,000
10 Feb 2022
Listed for Rent
$498/w
16 Mar 2022
  • 10 Feb 2022
    Sold for $561,000
  • 04 Feb 2022
    Listed for Sale Offers Over $495,000
  • 05 Feb 2019
    Listed for Rent $500 / week
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Launceston 7250

The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of 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 3,720 properties. Over the last 5 years, Houses in Launceston have seen a 45.45% increase in median value, while Units have seen a 34.92% increase. As at 30 November 2025:

  • The median value for Houses in Launceston is $744,245 while the median value for Units is $498,010.
  • Houses have a median rent of $510 while Units have a median rent of $460.
There are currently 28 properties listed for sale, and 10 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 117 properties were sold in the past 12 months in Launceston.

Launceston Profile Page

Suburb Insights for Launceston 7250

Visit Launceston profile page
Market Insights
Launceston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Launceston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Launceston profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED