156 Charles Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

156 Charles Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 156 Charles St, Launceston

Building Type
Commercial
Year Built
1900
Local Government
Launceston
Lot/Plan
1/124363

Last Listing description (May 2021)

Rock Solid Charles Street Asset

This very neat and well presented dual levelled Charles Street freehold is conveniently positioned along a very busy and emerging services, retail and hospitality precinct with ever increasing local footfall. The current tenants is well respected statewide in their craft and has occupied the site now since March 2017.

New lease through to Feb 2025 including options
Current net rent $27,116 per annum + GST

Tenant pays all statutory outgoings
Set over two levels with separate access from the rear, scope is there to one day to convert the first floor into inner city living (STCA).

The property is ideally positioned with sunny north eastern exposure, diagonally opposite Launceston's picturesque Prince's Park and only minutes from the Brisbane Street Mall.

For further details contact Marcus Douglas

Property History for 156 Charles St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$470,000
31 May 2021
  • 31 May 2021
    Sold for $470,000
  • 27 May 2021
    Listed for Sale $425,000
  • 09 Dec 2016
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 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.
There are currently 26 properties listed for sale, and 14 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 119 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

Market Insights
Launceston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Launceston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.