118 Charles Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

118 Charles Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 348m2
Land area: 304m2
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Property Details for 118 Charles St, Launceston

Building Type
Commercial
Year Built
1900
Floor Size
348m2
Land Size
304m2
Local Government
Launceston
Lot/Plan
1/54513

Last Listing description (May 2022)

Located in the sought after Charles Street strip just around from the Brisbane Street Mall, 118 Charles Street is in good company with Chemist Warehouse next door and an array of other nationals like Bonds, Harris Scarfe, Gazman, Country Road and Bupa just a few doors away, all strong businesses contributing to one of the highest shopper traffic counts in the CBD. The tenancy has a spacious 143 sq metre ground floor retail area and self contained amenities/kitchenette.

Features include:
- Over 6 metre frontage

- High ceiling of approx. 4 metres
- On-street parking on both sides of street
- 'Central Business' zoning overlay
- Positioned amongst strong national brands
- Air-conditioning

An opportunity to lease a prime retail site at a very affordable rate, not to be missed.

For further details contact Ian Singline.

Property History for 118 Charles St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$560,000
27 Aug 1993
Listed for Rent
$910/w
16 May 2022
  • 07 Aug 2020
    Listed for Rent - Price not available
  • 18 Mar 2018
    Listed for Rent - Price not available
  • 24 Sep 2013
    Listed for Rent $55,000 / year
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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 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 15 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 128 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.