3/61 Elphin Road, Launceston, TAS 7250 sold on 18 August 2025 | OnTheHouse
 
SOLD
Sold on 18 Aug 2025 for $390,000

3/61 Elphin Road
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 157m2
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Property Details for 3/61 Elphin Rd, Launceston

3/61 Elphin Rd, Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 157m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Unit sold in Launceston in the last 12 months.

Building Type
Unit
Year Built
1979
Floor Size
77m2
Land Size
157m2
Local Government
Launceston
Lot/Plan
3/59843

Last Listing description (November 2025)

Conveniently entered from Dowling Street, certain to deliver success as a first home buyer address, a downsizing option or an investment opportunity. This impressive, inviting two bedroom apartment, with a secure courtyard and allocated garage, is ideally positioned merely moments from shopping, cafes, leading schools, walking and cycling trails and the CBD. Immediate readiness to move in and enjoy enhances a property where exceptional rewards and reliable returns can be counted on.

- Elevated and enticing, offering a series of freshly presented proportions
- Living/dining area, complemented by brand new reverse cycle heating/cooling

- Seamless indoor-outdoor flow to low-maintenance courtyard
- Open-plan kitchen featuring ample cabinetry and modern capability
- Allocated lock-up garage contributes additional convenience

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Property History for 3/61 Elphin Rd, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$390,000
18 Aug 2025
Listed for Rent
$480/w
22 Oct 2025
  • 07 Oct 2025
    Listed for Rent $480 / week
  • 18 Aug 2025
    Sold for $390,000
  • 15 Jul 2025
    Listed for Sale $385,000 - $425,000
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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 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 29 properties listed for sale, and 12 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 108 properties were sold in the past 12 months in Launceston.

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