414/3-11 Earl St, Launceston is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 26m2 and floor size of 26m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
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CENTRAL CITY INVESTMENT WITH A 6.9% NET RETURN!
Nestled in Earl St in the heart of Launceston, this location couldn't be more perfect! You can rest easy knowing that Room 414 will be constantly ticking over earning you income while you reap the benefits of one of Launceston's premier hotels. With Tasmania's tourism on the rise you have a chance to be a part of it here at the Best Western in Earl street where everything is already taken care of by the hotel. That means no water/rates/body corp/maintenance/management bills to worry about. Just sit back and take a % of the rooms profits each month. Not only that as an added bonus you will be entitled to spend 4 nights there every year! Don't wait; snap up this opportunity today!
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 41.37% increase in median value, while Units have seen a 27.53% increase. As at 31 January 2026:
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