2/31 Welman Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

2/31 Welman Street
Launceston TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 60m2
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Last updated 15 Dec 2025
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Property Details for 2/31 Welman St, Launceston

2/31 Welman St, Launceston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 60m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
Unit
Year Built
1969
Floor Size
40m2
Land Size
60m2
Local Government
Launceston
Lot/Plan
2/57537

Last Listing description (September 2017)

This great 1 bedroom, 1 bathroom inner city town house with off street parking won't last for long!
If you're super fund is looking for an outstanding investment, call today to arrange your inspection, because with a return of approx. 8%, this property really does represent a 'super' investment! Strictly offers over $157,500 only considered.

Mark Bushby and Eric Andersen : Mark 0418 130 732

Property History for 2/31 Welman St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$308,000
15 Oct 2014
Listed for Rent
$240/w
16 Jun 2017
  • 10 Apr 2017
    Listed for Rent - Price not available
  • 20 Jul 2016
    Listed for Sale Offers Over $157,500
  • 14 Jun 2016
    Listed for Rent $250 / 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 3,719 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 10 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 110 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.