25 Elizabeth St, Launceston is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 180m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
A period cottage of significant character, complemented by the modern personality of updated spaces and the exceptional inner-city convenience of off-street parking for two cars, this enticing, exciting first home is also a property that boasts a long standing track record of reliable returns from an investment point of view.
The appeal from both these perspectives is enhanced by a sensational location that puts Launceston's CBD, the hospital precinct, Princes Square and countless cafes within its sphere.
Two double bedrooms that deliver desirable accommodation are served by a modern bathroom while the living/dining area's welcoming proportions include an efficient heat pump, original lead-light windows and high ceilings.
A kitchen defined by modern freshness features distinctive red splashbacks, quality appliances and stylish cabinetry, further enhancing this home's exceptional entry level attractiveness on a low-maintenance allotment that's completed by the side drive's vehicle accommodation.
A property to capture today, appreciate without delay and enjoy success as a first address or astute investment, equally attractive from an Airbnb perspective in an inner-city address that may also be considered as a townhouse development site, STCA.
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:
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