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

157 Charles Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 76m2
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Property Details for 157 Charles St, Launceston

Building Type
Commercial
Year Built
1900
Floor Size
120m2
Land Size
76m2
Local Government
Launceston
Lot/Plan
4/40420

Last Listing description (February 2017)

Soleways offers its customers professional services including engraving, shoe repairs, key cutting and more.
Located in one of the busiest shopping strips in Launceston's CBD, its fantastic shop front attracts many walk-in clients. Additionally, there is a loyal following from many sporting clubs, corporate businesses, schools and returning customers.
The diverse income is generated through the following services:

-Residential, vehicle and a range of specialist key copying
-Hand engraving and computerized engraving
-First class shoe repairs
-A large range of occasion giftware and collectables
-Authorized repairers for Samsonite, Courier and I.T. luggage and Scarpa footwear
The business returns a healthy net profit and offers the incoming purchaser physical room to expand the existing range or add other services.
Currently owner operated and employing one full time staff member, who is one of Launceston's only trained cobblers. Happy to stay on, this loyal staff member is a valuable asset. The owner can assist an incoming purchaser, if needed, with training; or to stay on as a casual employee if required.
If you require more information on this business please contact David Hernyk of NAI Harcourts North on 6331 0440.
'Commercial Real Estate Services, Worldwide.'

Property History for 157 Charles St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$242,500
02 Jun 1988
  • 16 Nov 2016
    Listed for Sale $160,000 No GST
  • 26 May 2016
    Listed for Sale $160,000 No GST
  • 15 Oct 2011
    Listed for Sale NEG. OVER $150,000 NO GST
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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 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

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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.