38 Upton St, Launceston is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 610m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Returning $490 Per week
This 5 bedroom home is divided into 3 good sized flats, all of which are well maintained and setup in a way to give you great returns for your dollar. Unit 1 is currently receiving $150 per week. Unit 2 and Unit 3 are currently returning $170 per week each. Alternatively move in and place the home to its original form, creating a large family home. Opportunities in West Launceston do not arise that often, so grab it while you can!
Additional feature/s - Close to Schools.
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:
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