1 Princes St, Launceston is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1957. The property has a land size of 625m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in June 2015.
This property is a flat, 10 minute walk to the city, the Launceston General Hospital, parks, cafes and restaurants offering the new owners the perfect inner city lifestyle. The compact home packs a punch with three bedrooms and a main bathroom that's been renovated with flair. The second bathroom adjoins the utility room. The stylish kitchen offers ample bench space and storage and the dining and living areas are open plan. There is as much to offer outside as there is inside with a spa, multiple alfresco dining areas, an outdoor kitchen equipped with a pizza oven and enough of the flat area remaining for a small garden. In addition, the home offers double garaging and additional off street parking.
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 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 37.21% increase in median value, while Units have seen a 29.64% increase. As at 28 February 2026:
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