1/291 Wellington StreetLaunceston TAS 7250
Property Details for 1/291 Wellington St, Launceston
1/291 Wellington St, Launceston is a 3 bedroom, 1 bathroom House. The property has a land size of 343m2.
Last Listing description (April 2026)
This rare property offers the perfect mix of lifestyle and opportunity, ideally located just minutes from the Launceston CBD and within easy reach of essential services. Whether you're looking to invest or run your own business this versatile property ticks all the boxes.
Set on a total 343m parcel of land, the updated three-bedroom, one-bathroom residence delivers both comfort and functionality. It opens the door to a range of possibilitieslive in the home while running a business from the street-facing shopfront, lease out both spaces for dual income, or simply enjoy the convenience of city-fringe living.
Inside, the home has been refreshed, offering modern finishes and a welcoming feel throughout. The living spaces are bright and practical, making it easy to move in and make the most of the home right away. Whether youre working from home, looking to open a boutique retail space, or establish a professional office, the layout is flexible and ready to suit your needs.
The prominent shop-front on Wellington Street offers excellent exposure for businesses, with a steady flow of local traffic and pedestrians passing by daily.
The property is located just moments from the Launceston General Hospitala huge plus for convenience and accessibility.
Commuters and clients will also benefit from the easy access to public transport, with nearby bus stops providing direct routes into the city and surrounding suburbs.
Inspections by appointment only.
Rental Return Estimates;
House $450-$480 P/Week Approx.
Shop-Front $450-$550 P/Week Approx.
Water rates: $300 per quarter approx.
Council rates: $620 per quarter approx.
Building size: 238m2 approx Inc House and Shop-Front.
Land size: 343m2 approx.
Year Built: 1948
Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations
Property History for 1/291 Wellington St, Launceston, TAS 7250
- 12 Aug 2025Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 3,724 properties. Over the last 5 years, Houses in Launceston have seen a 26.79% increase in median value, while Units have seen a 15.50% increase. As at 31 July 2026:
- The median value for Houses in Launceston is $873,912 while the median value for Units is $559,475.
- Houses have a median rent of $590 while Units have a median rent of $450.
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