112 Margaret StreetLaunceston TAS 7250
Property Details for 112 Margaret St, Launceston
112 Margaret St, Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1910. The property has a land size of 501m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
Last Listing description (July 2014)
GORGEOUS FULLY FURNISHED TWINS - UNIQUE OPPORTUNITY ON FRINGE OF CBD
** CLICK ON THE VIDEO/VIRTUAL TOUR BUTTON FOR FULL HD VIDEO TOUR (NOT JUST A PHOTO SLIDESHOW!) **WHAT A UNIQUE OPPORTUNITY! SELF MANAGED SUPER? SHORT TERM RENTALS? LIVE IN ONE, RENT THE OTHER? REGARDLESS OF YOUR GAME PLAN, THIS DUAL-RESIDENCE PROPERTY IS GOING TO EXCITE A RANGE OF BUYERS. INDEED, THIS IS A PARTICULARLY UNUSUAL OFFERING TO THE MARKET, WHERE YOU CAN PURCHASE TWO AMAZING RESIDENCES ON JUST THE ONE EASY TITLE, PERFECTLY LOCATED ON THE FRINGE OF THE CBD. - GORGEOUS COLONIAL REPRODUCTIONS, CRAFTSMAN BUILT WITH METICULOUS ATTENTION TO DETAIL IN 1995- CHARACTER FEATURES DRAMATICALLY THROUGHOUT WITH RICH TONES & TEXTURES- LOVELY TIMBER PANELLING, ELABORATE DRAPERY, ORNATE FIREPLACES, HIGH CEILINGS, FRENCH DOORS, WALL SCONCES- LEVEL 10 MINUTE STROLL INTO HEART OF LAUNCESTON'S CBD, SHOPS, SERVICES & BUS DEPOT- LOCAL PARK 'BRICKFIELDS' JUST 250M AWAY, PERFECT FOR EXERCISE & RELAXATION- 400M TO COLES SUPERMARKET & 500M TO 24HR SERVICE STATION/CONVENIENCE STORE DAVIES GRAND CENTRAL- LAUNCESTON GENERAL HOSPITAL HOSPITAL IS ALSO NEARBY, BEING JUST 600M AWAY- BOTH RESIDENCES ARE IN EXCELLENT CONDITION, & INCLUDE 2 BEDROOMS, 2 LIVING AREAS, SPA BATHROOM, COURTYARD- BEING SOLD FULLY FURNISHED, SO THERE'S ABSOLUTELY NO NEED FOR 'DOWN-TIME' AFTER SETTLEMENT WHILE GETTING READY TO RENT OUT- THIS PROPERTY REPRESENTS TWO GREAT INVESTMENTS, OR YOU COULD VERY EASILY LIVE IN 1, RENT OTHERCALL NOW FOR FURTHER INFORMATION & TO BOOK YOUR INSPECTION TODAY.
Property History for 112 Margaret St, Launceston, TAS 7250
- 08 Jan 2015Sold for $325,000
- 29 Oct 2013Listed for Sale $480,000
- 12 May 2009Listed for Rent - Price not available
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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 43.28% increase in median value, while Units have seen a 23.52% increase. As at 31 December 2025:
- The median value for Houses in Launceston is $764,492 while the median value for Units is $486,282.
- Houses have a median rent of $510 while Units have a median rent of $450.
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