162b George St, Launceston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1957. The property has a land size of 118m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
Conveniently located within walking distance to almost any service or shop you may require, this spacious one bedroom apartment has the added bonus of an undercover parking space.
Currently let at $260 per week this apartment would be a fabulous start, or addition to your property portfolio. Spread over two levels, the upper level comprises of the lounge (with recently installed heat pump), plus well-appointed kitchen and dining area. The lower entrance level is where you will find a full-size bathroom, laundry facilities and the bedroom which boasts two built-in wardrobes plus sliding door access to a private courtyard. The carport and surrounding area offers plenty of turning room enabling easy drive-in/drive-out access to the property.
This property has a sound long-term rental history and, given its position, could be a perfect Airbnb proposition (STCA)
Details:
• Year built - 1957
• Apartment size - 85m2
• Land size - 118m2
• Currently rented til February 2020
Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.
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:
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