127-129 Brisbane Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
 
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127-129 Brisbane Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 1151m2
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Property Details for 127-129 Brisbane St, Launceston

Building Type
Commercial
Land Size
1151m2
Local Government
Launceston
Lot/Plan
3/32814

Last Listing description (October 2020)

This landmark retail space is situated in the heart of the Brisbane Street Mall. The recent refurbishment of the Mall by the LCC has created this appealing retail precinct.
The Tenancy will be available in November 2020, whereby the building will undergo major works with the installation of escalators to open the First Floor area to retail. This will compliment the existing stairs and lift.
The Tenancy provides a major thoroughfare from the Mall to the York Street car park, and future works will further increase pedestrian flows. The tenancy has access to Tattler Arcade and St John Street.

Modern Retail space which would suit Bulk Retail tenants looking to be in the heart of the city centre.
The Tenancy will provide the following total Lettable Areas:
GF Retail 1010 sqm; FF Retail 875 sqm; 2F Store 605 sqm.
On-site car parking is available.
Further subdivision of the tenancy may provide a smaller lease plate if required..

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Property History for 127-129 Brisbane St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
29 Oct 2020
  • 02 Jul 2019
    Listed for Rent - Price not available
  • 11 Jun 2015
    Listed for Rent $100 / month
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About Launceston 7250

The size of Launceston is approximately 4.5 square kilometres. There are 13 parks, covering nearly 16.4% of the 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 26.79% increase in median value, while Units have seen a 15.50% increase. As at 31 July 2026:

  • The median value for Houses in Launceston is $873,912 while the median value for Units is $559,475.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 21 properties listed for sale, and 11 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 120 properties were sold in the past 12 months in Launceston.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

Disclaimer
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