247 Wellington Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

247 Wellington Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3162m2
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Property Details for 247 Wellington St, Launceston

Building Type
Commercial
Year Built
1930
Land Size
3162m2
Local Government
Launceston
Lot/Plan
1/167786

Last Listing description (June 2026)

Position your business in one of Launcestons leading health precincts.

Located within the established Launceston Health Hub on Wellington Street, adjacent to the Launceston General Hospital precinct, this upcoming tenancy offers an exciting opportunity to join a highly regarded group of medical & allied health professionals.


Flexible lease options cold shell or partner with the landlord on a tailored fit-out
Childcare facility on-site with capacity for up to 120 children.
147 carparks available (109 undercover) for client convenience.
Ground floor retail precinct featuring a pharmacy and caf.
NBN ready with dedicated amenities on each floor.
End of trip facilities available.
High-exposure location along a key arterial route into the city.

Whether you're looking to expand your practice or establish a new service within a collaborative health-focused environment, this tenancy offers flexibility, convenience and connection.

Now accepting expressions of interest available from late 2025.

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 clients are advised to carry out their own investigations.

Property History for 247 Wellington St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$737,500
21 Dec 2012
Listed for Rent
22 Jan 2019
  • 23 Jun 2026
    Listed for Rent - Price not available
  • 24 May 2018
    Listed for Rent - Price not available
  • 08 Mar 2018
    Listed for Rent - Price not available
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About Launceston 7250

The size of Launceston is approximately 4.5 square kilometres. There are 13 parks, covering nearly 16.4% of the 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 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 29.47% increase in median value, while Units have seen a 24.45% increase. As at 31 May 2026:

  • The median value for Houses in Launceston is $854,205 while the median value for Units is $556,922.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 24 properties listed for sale, and 12 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 121 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.