2/127 George Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
FOR SALE

2/127 George Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 158m2
Land area: 188m2
This property is currently on the market
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Property Details for 2/127 George St, Launceston

2/127 George St, Launceston is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1959. The property has a land size of 188m2 and floor size of 158m2.This Property is currently listed for sale with Harcourts Launceston

Building Type
Unit
Year Built
1959
Floor Size
158m2
Land Size
188m2
Local Government
Launceston

Last Listing description (January 2026)

This stunning fully furnished lifestyle apartment with fabulous views over the city is superbly located in the heart of Launceston CBD, close to a multitude of shops, cafes, restaurants and easy walking distance to hospitals and supermarkets. A viewing of this property will not disappoint.

Features include:

- Open plan kitchen and living spaces

- Three double bedrooms with walk in robes
- Ducted electric heating & cooling
- Master bedroom suite with a generous walk in robe, en-suite & ample storage
- Secure undercover parking for 1 car
- Secure premises - key access only
- Alfresco deck
- Powder room (separate toilet with basin), full sized laundry
- NBN connected

This property is well suited for a tenant that wants location, comfort and luxury.

Property History for 2/127 George St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$750/w
07 Jan 2026
  • 07 Jan 2026
    Listed for Rent $750 / week
  • 14 Nov 2025
    Listed for Sale Best Offer Over $725,000
  • 15 Apr 2025
    Listed for Rent $750 / week
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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 3,723 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:

  • The median value for Houses in Launceston is $764,492 while the median value for Units is $486,282.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 28 properties listed for sale, and 14 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 119 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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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.