102/16 Paterson Street, Launceston, TAS 7250 sold on 19 June 2025 | OnTheHouse
SOLD
Sold on 19 Jun 2025 for $250,000

102/16 Paterson Street
Launceston TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 59m2
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Property Details for 102/16 Paterson St, Launceston

102/16 Paterson St, Launceston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 59m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 1 bedroom Unit sold in Launceston in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
59m2
Land Size
59m2
Local Government
Launceston
Lot/Plan
102/162450

Last Listing description (October 2025)

Located within a prestigious historical building in the heart of Launceston, this impeccably maintained first floor apartment, with easy direct access, seamlessly combines contemporary comfort with the added convenience. Positioned in one of the city's most sought after precincts, this property represents a standout investment opportunity or a potential inner city retreat.The apartment itself is thoughtfully designed, featuring a spacious open plan living and kitchen area that is both functional and inviting. The kitchen is neat and practical, seamlessly integrated into the living space, making it perfect for unwinding after a busy day. The generous bedroom, complete with built in wardrobes, provides ample storage while maintaining a light and airy feel.The bathroom is thoughtfully designed with disability access, ensuring accessibility for all. A built in laundry further enhances the convenience of this home, maximising functionality without compromising space. Every element of the apartment reflects meticulous upkeep, matching the immaculate condition of the overall building.For those with an eye on flexibility, the apartment offers the opportunity to convert it into residential, expanding its appeal beyond a straightforward investment.Its location is second to none, placing you just moments from Launceston's finest cafes, restaurants and bars, as well as an array of shopping and cultural attractions. Everything you need is right at your doorstep, making this property a true standout in urban living.The combination of its historical significance, impeccable condition and unbeatable location ensures that it is a property you'll be proud to call your own. Don't miss this chance to secure a piece of Launceston.The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.

Property History for 102/16 Paterson St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$250,000
19 Jun 2025
  • 19 Jun 2025
    Sold for $250,000
  • 15 Jan 2025
    Listed for Sale Offers Over $250k
  • 13 May 2023
    Listed for Sale Best Offer Over $280,000
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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 3,718 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.
There are currently 29 properties listed for sale, and 9 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 106 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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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.