34 Margaret Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

34 Margaret Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 108m2
Land area: 264m2
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Property Details for 34 Margaret St, Launceston

34 Margaret St, Launceston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 264m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
House
Year Built
1900
Floor Size
108m2
Land Size
264m2
Local Government
Launceston
Lot/Plan
24/96379

Last Listing description (May 2026)

Perfectly positioned just minutes walk from many of Launceston's attractions this historic cottage (c1886) offers a city fringe lifestyle home or ideal business location.
The property's Mixed Urban Use zoning allows a variety of uses including residential or commercial (STCA) granting its next custodian a very versatile premise.

Undoubtedly one of Launceston's prettiest homes! Behind the quintessential white picket fence is a late Victorian cottage with a front verandah graced by decorative cast iron lacework corners, ornate pattern feature tiles and flanked by perennial flower garden beds.

The solid front door with original brass hardware welcomes you into the home where you'll be delighted by the ornate ceiling roses, impressive 3 metre high ceilings and sizeable double hung sash windows facing north and ensuring plentiful natural light throughout the seasons.

Consisting of 3 bedrooms of a generous size- 2 with built in robes, a functional and updated family sized bathroom with separate shower, bath and long vanity. A combined kitchen and dining space has a large pantry, plentiful cupboards and a back garden aspect and the central lounge room retains the original brick chimney with timber mantle, vintage wallpaper and split system air conditioner.

The walled back garden with high privacy hedge is a versatile size with options for everyone. For the gardener there's flowers, shrubs, garden shed and room for veggie beds, for family's there's a grassed area for children and pets to safely play, and for the entertainer there's some great spots to put a fire pit.

Alongside the backyard is an undercover area that spans the width of the house- this is a dual purpose space for entertaining as well as a 2 car tandem carport with remote roller door accessed from Middle Street.

The location is impressive- minutes walk to a variety of parks (The Brickfields, Royal Park, Cataract Gorge Reserve), walking trails (Zig Zag Track, West Tamar Walking Trail, Seaport Boardwalk) and many of Launceston's best restaurants, pubs and eateries along with a great cafe on each corner. Sacred Heart Primary School and Launceston College are a just a short stroll and supermarkets and the Brisbane Street Mall are also so close you can leave the car at home.

This is a charming character property- well preserved and cared for- with considered updates through time.

It has appeal and versatility for all- residential buyers looking for a home with heart or commercial investors after a distinctive freestanding building in a prime location with free parking.

The property has also been approved for short term visitor accommodation use by the City of Launceston.
*The property is not listed on the Tasmanian Heritage Register.

Property History for 34 Margaret St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$367,500
24 Jul 2019
Listed for Rent
25 Jul 2019
  • 18 May 2026
    Listed for Sale Best Offers Over $685,000
  • 24 Jul 2019
    Sold for $367,500
  • 05 Jul 2019
    Listed for Rent - Price not available
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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 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 32.68% increase in median value, while Units have seen a 29.72% increase. As at 30 April 2026:

  • The median value for Houses in Launceston is $831,502 while the median value for Units is $553,434.
  • Houses have a median rent of $560 while Units have a median rent of $450.
There are currently 18 properties listed for sale, and 15 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 128 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.