124 Margaret Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

124 Margaret Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 123m2
Land area: 352m2
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Property Details for 124 Margaret St, Launceston

124 Margaret St, Launceston is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1910. The property has a land size of 352m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in February 2012.

Building Type
House
Year Built
1910
Floor Size
123m2
Land Size
352m2
Local Government
Launceston
Lot/Plan
1/46776

Last Listing description (September 2011)

STYLISH LIVING, CITY CONVENIENCE, STUNNING RENOVATION, STROLL TO ALL FACILTIES
Nestled perfectly on the fringe of the CBD just a short stroll from magnificent parkland, relaxed cafes and the entrance to Launceston's jewel, the Cataract Gorge, you discover a property that has undergone a complete renovation to meld the history of the locale and the technology of this century into a home for now and for your future.
Careful planning and quality craftsmanship embrace attention to detail to reveal the very best that is on offer today.

A spacious interior accented through broad openings that draw you to multiple living areas and into a designer kitchen laden with quality appliances and fittings, allow you the freedom to move and enjoy time with family and treasured guests.
A fully landscaped garden and BBQ area complement multiple off street parking bays for you and your guests and a garage that lends itself to a multitude of opportunities to capitalise on this fabulous property.
Words fail to adequately describe the value inherent in this home, so now it is time to peruse our photographic exhibition and arrange your personal inspection, by appointment only.
Additional feature/s - Granite Bench Tops Spacious walk in pantry a lot of time and effort !.

Property History for 124 Margaret St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$355,000
28 Feb 2012
  • 28 Feb 2012
    Sold for $355,000
  • 12 Jun 2011
    Listed for Sale OFFERS OVER $390,000
  • 12 Mar 2010
    Listed for Sale $240000
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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 41.37% increase in median value, while Units have seen a 27.53% increase. As at 31 January 2026:

  • The median value for Houses in Launceston is $766,540 while the median value for Units is $497,845.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 27 properties listed for sale, and 12 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 118 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.