16 Margaret StreetLaunceston TAS 7250
Property Details for 16 Margaret St, Launceston
16 Margaret St, Launceston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 387m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (June 2015)
CONFIGURATION: You will just love living in this cottage located amongst all of Launceston's famous tourist destinations, Three bedrooms with separate living and dining, Clean and functional bathroom and kitchen, Double garage and plenty of off street parking with a fully fenced garden along with a generous outdoor entertaining deck overlooking the windmill.
INCLUSIONS: Reverse cycle heat pump.
SUBURB PROFILE: Just across the road from the Cataract Gorge, a short stroll to the seaport, opposite the Launceston College and a hop, skip and jump to the CBD.
Property History for 16 Margaret St, Launceston, TAS 7250
- 25 Aug 2016Sold for $6,000,000
- 30 Apr 2015Listed for Rent - Price not available
- 31 Mar 2014Listed for Rent $295 / week
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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 3,721 properties. Over the last 5 years, Houses in Launceston have seen a 32.68% increase in median value, while Units have seen a 29.72% increase. As at 30 April 2026:
- The median value for Houses in Launceston is $831,502 while the median value for Units is $553,434.
- Houses have a median rent of $560 while Units have a median rent of $450.
Suburb Insights for Launceston 7250
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