18/39 Lawrence St, Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. While the property is not currently for sale or for rent, it was last sold in 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!
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 3,722 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:
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