1/88 Margaret StreetLaunceston TAS 7250
Property Details for 1/88 Margaret St, Launceston
1/88 Margaret St, Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1880. The property has a land size of 238m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Unit sold in Launceston in the last 12 months.
Last Listing description (June 2016)
This lovely 2 bedroom unit is located within walking distance to the city and situated right next to the park.
The kitchen is well equipped and includes a dishwasher and open plan living.
Both bedrooms have built in robes. Modern bathroom.
Outdoor spa and lovely rear courtyard.
Off street parking for 1 vehicle.
$300 per week.
Available
13th June 2016.
Property History for 1/88 Margaret St, Launceston, TAS 7250
- 28 Aug 2025Sold for $500,000
- 17 May 2016Listed for Rent $300 / week
- 12 Mar 2015Sold for $295,000
Recent sales nearby
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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 3,719 properties. Over the last 5 years, Houses in Launceston have seen a 49.52% increase in median value, while Units have seen a 32.72% increase. As at 31 October 2025:
- The median value for Houses in Launceston is $758,684 while the median value for Units is $492,183.
- Houses have a median rent of $500 while Units have a median rent of $450.
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