137 Wellington StreetLaunceston TAS 7250
Property Details for 137 Wellington St, Launceston
Last Listing description (June 2017)
If you are considering a new location with the intent to expose and grow your business then this is possibly the opportunity. Locate your current or exciting new business to this high profiled and highly exposed site on the busy southbound Wellington Street arterial with up to 34,000 vehicular movements per day. Current zoning is of a Commercial overlay.
Occupy the current approx. 325m2 building as is or discuss the possibilities of redeveloping the approx. 400m2 site as a whole in order to suit your business requirements.
As instructed by the property owner we are seeking interest in this corner with all possibilities considered.
Property History for 137 Wellington St, Launceston, TAS 7250
- 03 May 2017Listed for Rent - Price not available
- 13 Feb 2017Listed for Rent - Price not available
- 20 Feb 2015Sold for $435,000
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0About 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 3,725 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.
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