40 Racecourse Crescent, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

40 Racecourse Crescent
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 366m2
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Property Details for 40 Racecourse Cres, Launceston

40 Racecourse Cres, Launceston is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1883. The property has a land size of 366m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1883
Floor Size
98m2
Land Size
366m2
Local Government
Launceston
Lot/Plan
2/57072

Last Listing description (October 2024)

Available for 3, 6 or 12 months.
Co-joined character cottage built in 1883 available fully furnished.
Tastefully renovated, featuring a new kitchen and updated bathroom.

The current configuration consists of 1 attic-style bedroom with walk-in robe plus 2 ground-level bedrooms. Alternatively, you could use the 3rd bedroom as an office or second living area.
2 heat pumps and a sunny rear courtyard perfect for lazy weekend breakfasts - just pop over to the supermarket or the bakery for your fresh goods!
Washing machine, dryer, clothesline, and dishwasher available.
Everything you could possibly need - just bring your own linen!
Bonus off-street parking and private rear yard. Parking spaces also available right out the front.
Close to all amenities. (just 300 metres to Kmart)
Take a drive past to appreciate the great location!

Email now to book a viewing.
Available immediately on successful application.
Pets on application

Property History for 40 Racecourse Cres, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$413,000
25 Apr 2021
  • 20 Nov 2023
    Listed for Rent $550 / week
  • 25 Apr 2021
    Sold for $413,000
  • 17 Apr 2021
    Listed for Sale Offers over $335,000
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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 3,723 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:

  • The median value for Houses in Launceston is $764,492 while the median value for Units is $486,282.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 26 properties listed for sale, and 14 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 119 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.