140 George StreetLaunceston TAS 7250
Property Details for 140 George St, Launceston
140 George St, Launceston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1870. The property has a land size of 195m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (January 2026)
Centrally located and zoned "Urban Mixed Use" this residence presents a rare offering with endless opportunities.
Ideally located on the esteemed George Street, within close proximity to the amenities of the city, this impressive, Georgian property offers a high level of comfort and convenience in the heart of Launceston.
Originally built circa 1870, the residence has been thoughtfully renovated throughout to create a contemporary environment, while retaining and enhancing period features, such as exposed stonework, and original, now decorative, fireplaces.
Offering multiple living areas over the two levels, the upper-level with a reverse cycle heat pump and the lower-ground level featuring a cosy wood heater. The modern kitchen comes fully equipped with premium appliances, good storage, and timber countertops.
The property has served as a lucrative short-term accommodation space through Air BnB, thanks to its versatile floorplan and well-placed position, walking distance to major supermarkets, shops, services, and popular restaurants and cafes.
Accommodation comprises of three bedrooms, each enjoying plenty of natural light and warmth, with two inclusive of built-in wardrobes, and one with an original feature fireplace.
The bathroom servicing the home is located on the lower-ground floor, containing a shower, vanity, and a toilet. Laundry facilities are housed neatly adjacent, with nearby outdoor access.
Entertain and dine al fresco from the secluded rear courtyard with a sun-soaked timber deck, and a sheltered BBQ area for year-round enjoyment, fully fenced with high fencing and privacy trees. The grounds are low-maintenance, and feature an array of established greenery, and citrus trees.
Impeccably maintained and presented, through timeless dcor and enhanced period style, this residence will suit a large demographic of buyers including savvy investors looking for an inner-city investment with a proven successful rental history.
If you would like more information or to inspect this property please get in contact with us today.
**Bushby Creese has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
Property History for 140 George St, Launceston, TAS 7250
- 10 Feb 2025Listed for Sale Offers over $685k
- 15 Jul 2024Listed for Sale Not Disclosed
- 03 May 2018Sold for $575,000
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0About 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 43.28% increase in median value, while Units have seen a 23.52% increase. As at 31 December 2025:
- The median value for Houses in Launceston is $764,492 while the median value for Units is $486,282.
- Houses have a median rent of $510 while Units have a median rent of $450.
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