18/39 Lawrence Street, Launceston, TAS 7250 sold on 13 March 2025 | OnTheHouse
 
SOLD
Sold on 13 Mar 2025 for $420,000

18/39 Lawrence Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 115m2
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Property Details for 18/39 Lawrence St, Launceston

18/39 Lawrence St, Launceston is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces and was built in 1990. The property has a land size of 115m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 2 bedroom Apartment sold in Launceston in the last 12 months.

Building Type
Apartment
Year Built
1990
Floor Size
70m2
Land Size
115m2

Last Listing description (March 2025)

Discover a fantastic opportunity to invest in Launceston's vibrant property market with this ultra-affordable apartment situated on Lawrence Street. Offering two comfortable bedrooms and a well-appointed bathroom, this residence is perfect for those looking to capitalize on rental demand or secure a budget-friendly entry into the property market. The 1990-built apartment spans 70 square meters, providing a cosy yet functional living space.

Nestled in the heart of Launceston, this apartment boasts convenient access to the city's amenities. With a plethora of cafes, restaurants, and shopping options just moments away, you'll have everything you need within arm's reach. Plus, the nearby parks and cultural attractions make it easy to enjoy the best of city living. The city's educational institutions offer additional appeal to potential tenants, ensuring consistent rental income for investors.

Current tenancy till April 2026, with great long term tenants.

Don't miss your chance to own a slice of Launceston at an unbeatable price. Whether you're an investor seeking a promising addition to your portfolio or a first-time buyer ready to step into the property market, this apartment is an opportunity not to be overlooked. Act now and secure your future in one of Tasmania's most dynamic cities!

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Property History for 18/39 Lawrence St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$420,000
13 Mar 2025
  • 13 Mar 2025
    Sold for $420,000
  • 10 Mar 2025
    Listed for Sale Offers over $395,000
  • 07 Jun 2024
    Listed for Rent $400 WEEKLY
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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 3,718 properties. Over the last 5 years, Houses in Launceston have seen a 45.45% increase in median value, while Units have seen a 34.92% increase. As at 30 November 2025:

  • The median value for Houses in Launceston is $744,245 while the median value for Units is $498,010.
  • Houses have a median rent of $510 while Units have a median rent of $460.
There are currently 28 properties listed for sale, and 12 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 108 properties were sold in the past 12 months in Launceston.

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Phillipa Jenkins
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