2/113 Margaret Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
 
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2/113 Margaret Street
Launceston TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 180m2
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Property Details for 2/113 Margaret St, Launceston

2/113 Margaret St, Launceston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 180m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
2007
Floor Size
51m2
Land Size
180m2
Local Government
Launceston
Lot/Plan
2/151684

Last Listing description (November 2024)

Welcome to this inviting 1-bedroom unit on Margaret Street in Launceston. Perfectly positioned within walking distance to the CBD, hospital, and local cafes, this home is ideal for those looking to downsize.

The unit features an open plan kitchen and living area, complete with a heat pump, ceiling fan, and floating floors. The kitchen has tiled flooring, offering both style and practicality. The bedroom is carpeted, equipped with a ceiling fan, and includes built-in wardrobes for ample storage.

Step through the sliding doors from the living area to a covered deck, bathed in sunlight, and equipped with adjustable side awnings for your comfort. The outdoor space includes both grassed and paved areas, along with a garden shed, all within a fully fenced backyard.

Additionally, there is a carport for one car. This well-maintained unit is ready for you to move in and enjoy. Don't miss out on this opportunity to secure a lovely home in a prime location.

Council Rates approx. $1600 p.a.
Water Rates approx. $1200 p.a.

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Property History for 2/113 Margaret St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$432,000
30 Jul 2024
  • 30 Jul 2024
    Sold for $432,000
  • 05 Jun 2024
    Listed for Sale Offers Over $429,000
  • 12 Jun 2019
    Sold for $290,000
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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 3,719 properties. Over the last 5 years, Houses in Launceston have seen a 49.52% increase in median value, while Units have seen a 32.72% increase. As at 31 October 2025:

  • The median value for Houses in Launceston is $758,684 while the median value for Units is $492,183.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 29 properties listed for sale, and 11 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 106 properties were sold in the past 12 months in Launceston.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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