10 King Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
FOR SALE

10 King Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 263m2
This property is currently on the market
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Property Details for 10 King St, Launceston

10 King St, Launceston is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1850. The property has a land size of 263m2 and floor size of 84m2.This Property is currently listed for sale with Sims For Property - Launceston

Building Type
House
Year Built
1850
Floor Size
84m2
Land Size
263m2
Local Government
Launceston
Lot/Plan
1/31928

Last Listing description (April 2026)

Positioned in a sought-after pocket of Launceston, this charming property at 10 King Street presents an outstanding opportunity for homeowners, investors, or those seeking a high-performing short-stay asset.Currently operating as a successful Airbnb, the property has a proven track record with strong returns (figures available upon request), making it an ideal turnkey investment. There is also the option to purchase the home fully furnished, allowing for a seamless continuation of its short-term accommodation use or an easy move-in experience.The home offers a blend of character and comfort, with well-proportioned, light-filled living spaces that create a warm and inviting atmosphere. The layout caters to a variety of living arrangements while maintaining its unique charm.Accommodation includes comfortable bedrooms, a practical and well-equipped kitchen, and a welcoming living area-perfect for relaxing or hosting guests. Outside, the yard provides space to unwind and enjoy, with potential for further enhancement.Conveniently located just minutes from the Launceston CBD, the property is within easy reach of cafes, schools, shops, and public transport, ensuring ongoing appeal for both residents and visitors alike.Key Features: Proven successful Airbnb with strong returns Figures available upon request Option to purchase fully furnished Prime location close to Launceston CBD Light-filled interiors with flexible layout Ideal for investors, owner-occupiers, or short-stay operatorsWhether you're looking to invest, occupy, or continue its success as a short-term rental, 10 King Street is a rare opportunity in a highly desirable location.Contact us today to arrange an inspection.Built: 1850 approx. Land size: 263m2 approx.House size: 84m2approx.Water Rates: $1,200.00pa approx.Council Rates: $2,200.00pa approx.School Catchments: East Launceston Primary School & Queechy High SchoolZoning: General ResidentialSims for Property 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.

Property History for 10 King St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$650,000
22 Mar 2022
Listed for Rent
$260/w
10 Jul 2019
  • 30 Mar 2026
    Listed for Sale Offers Over $645,000
  • 22 Mar 2022
    Sold for $650,000
  • 06 Mar 2022
    Listed for Sale Best Offers Over $649,000
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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 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 37.53% increase in median value, while Units have seen a 34.57% increase. As at 31 March 2026:

  • The median value for Houses in Launceston is $827,043 while the median value for Units is $559,133.
  • Houses have a median rent of $560 while Units have a median rent of $450.
There are currently 25 properties listed for sale, and 12 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 127 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.