19 Paterson Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

19 Paterson Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 36m2
Land area: 1181m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 19 Paterson St, Launceston

Building Type
Commercial
Year Built
1958
Floor Size
36m2
Land Size
1181m2
Local Government
Launceston
Lot/Plan
6/42042

Last Listing description (January 2026)

Situated in the heart of Launcestons CBD, the Centreway Arcade offers an exciting location for your business. With the Patterson Street carpark right outside your window and multiple food options located within the arcade, this space has a high volume of foot traffic and is perfect for retail use.

There is track lighting throughout and floor to ceiling windows making the most of its prominent corner position. An added benefit is a storage room located in the rear corner of the room.

Be part of the premier arcade in the heart of the city.

Features include:

-Great city location only metres from the Patterson St Carpark
-Large shop front windows
-50m2 approx.
-Great lighting
-Heat pump
-NBN ready

Outgoings: (estimates based on previous financial year)

Land Tax: $TBA
Council Rates: $TBA
TasWater: $TBA
Body Corporate: $TBA

To learn more about this property, contact Andy or Ben at Howell Property Group.

Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective tenants are advised to carry out their own investigations.

Property History for 19 Paterson St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$2,367,000
27 Sep 2006
Listed for Rent
$287/w
29 Jul 2024
  • 17 Dec 2024
    Listed for Sale OFFERS OVER $19,990
  • 29 Jul 2024
    Listed for Rent - Price not available
  • 17 Jun 2024
    Listed for Sale OFFERS OVER $19,990
Sign in to see more transactions
Commute Calculator

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 41.37% increase in median value, while Units have seen a 27.53% increase. As at 31 January 2026:

  • The median value for Houses in Launceston is $766,540 while the median value for Units is $497,845.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 27 properties listed for sale, and 12 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 118 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

Market Insights
Launceston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Launceston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.