122 Margaret StreetLaunceston TAS 7250
Property Details for 122 Margaret St, Launceston
122 Margaret St, Launceston is a 3 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 362m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom House sold in Launceston in the last 12 months.
Last Listing description (September 2025)
Positioned only metres from Brickfields Reserve, this fully renovated period cottage offers a boutique city lifestyle in one of Launceston's most vibrant inner-urban settings.
A traditional weatherboard faade, framed by established plantings and a private front verandah, conceals interiors where every detail has been thoughtfully renewed. Three bedrooms each display character features and built-in storage, complemented by a beautifully appointed central bathroom with twin basins, freestanding bath, and a separate laundry.
The living and dining domain is anchored by a contemporary fireplace and polished finishes, opening directly to the landscaped courtyard garden. Here, Mediterranean-inspired plantings and a gravel terrace create a private retreat designed for entertaining or quiet enjoyment.
The kitchen, comprehensively renovated by the current owners, features new joinery, stone benchtops, and quality appliances. A striking green tiled splashback draws the leafy tones of the courtyard indoors, connecting the interiors with the terraced garden beyond. A generous walk-in pantry enhances both storage and function.
Further highlights include secure off-street parking, considered landscaping, and a seamless flow between indoor and outdoor zones. Every element has been curated to combine heritage character with contemporary comfort.
Set within steps of Cuccina Caf, Brickfields Reserve, and the city centre, this is a rare opportunity to secure a fully renewed character cottage in an exceptional inner-city location.
Property History for 122 Margaret St, Launceston, TAS 7250
- 11 Sep 2025Sold for $870,000
- 09 Sep 2025Listed for Sale Expressions of Interest
- 15 Mar 2022Sold for $869,000
Recent sales nearby
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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 3,719 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.
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