108 Elizabeth Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
 
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108 Elizabeth Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 126m2
Land area: 149m2
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Property Details for 108 Elizabeth St, Launceston

Building Type
Commercial
Year Built
1880
Floor Size
126m2
Land Size
149m2
Local Government
Launceston
Lot/Plan
1/133593

Last Listing description (July 2012)

Retail space with flat upstairs
Located in busy Elizabeth Street, this property has a ground floor retail space with the rare benefit of fully secure parking at the rear and a partially renovated bedsit on the upper level.

The ground floor component is accessed directly from Elizabeth Street and has strong street presence. The rear of the property provides secure drive in access from the York Street car park, which also doubles as the access point for the bedsit. At the rear of the property there is another room that can be used as additional retail or storage space. There is a small kitchenette that is in need of renovating. The upper level has been redesigned and the newly plastered areas include 2 main rooms, an entry and a smaller space all waiting for conversion for use as offices or residential.

Available with vacant possession, this property is ideal for someone wanting to live and work in the same building, or an investor wanting to finish a renovation and secure 2 separate tenants. This one is a blank canvas; opportunities will only be limited by your imagination.

Rates $1600 approx
Land tax $500 approx
Water $500 approx

Call NAI Harcourts on 03 6331 0440 today for a detailed information pack on this great property.

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Property History for 108 Elizabeth St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$225,000
27 Jul 2012
  • 27 Jul 2012
    Sold for $225,000
  • 28 Jun 2012
    Listed for Sale AUCTION 27 JUL 2012
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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 3,723 properties. Over the last 5 years, Houses in Launceston have seen a 32.68% increase in median value, while Units have seen a 29.72% increase. As at 30 April 2026:

  • The median value for Houses in Launceston is $831,502 while the median value for Units is $553,434.
  • Houses have a median rent of $560 while Units have a median rent of $450.
There are currently 18 properties listed for sale, and 14 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 127 properties were sold in the past 12 months in Launceston.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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