2/47-49 Elphin Road, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

2/47-49 Elphin Road
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 125m2
Land area: 188m2
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Property Details for 2/47-49 Elphin Rd, Launceston

2/47-49 Elphin Rd, Launceston is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 188m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1930
Floor Size
125m2
Land Size
188m2
Local Government
Launceston
Lot/Plan
2/109479

Last Listing description (December 2023)

Introducing 2/47-49 Elphin Road, a lovely 3-bedroom apartment located in an ideal position in Launceston. Walking distance to the CBD, a Coles supermarket, Kmart and a shopping plaza on Racecourse Crescent, close to prestigious private schools, Launceston Church Grammar Junior School, Scotch Oakburn College and public transport.
The position is ideal for both owner-occupiers looking for the convenience of inner-city life or renters, who would be falling over themselves to secure a property is such a great location, making it a smart decision for investors. The property gets all day sun, making it cosy and comfortable all year round and the layout is spacious with open plan lounge and dining, generous sized master suite with walk in robe and en-suite, kitchen with plenty of storage and dishwasher, European Landry, single lock-up garage with remote access, NBN and a bonus for apartment living with a large storage room off the garage just for unit 2. The building is managed by Strata Tasmania and there is security doors with key pad entry at both the front and rear entrances. Boasting mountain views from the balcony off the lounge, reverse cycle and panel heating, lovely original art-deco features, including fireplace and ceiling rose, solid brick-build, updated electrics and Insulated. A great opportunity!

Built: 1930

Building Size: 125m2
Land Size: 188m2
Council Rates: Approx. $2200 per year
Water Rates: Approx. $1000 per year
Body Corporate: Yes
Zoning: Inner Residential - Multiple Dwelling

**Harcourts Launceston 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 accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

Property History for 2/47-49 Elphin Rd, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$565,000
07 Sep 2023
Listed for Rent
$500/w
15 Nov 2023
  • 15 Sep 2023
    Listed for Rent $500 / week
  • 07 Sep 2023
    Sold for $565,000
  • 28 Aug 2023
    Listed for Sale Offers over $559,000
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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.

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.