48 Welman StreetLaunceston TAS 7250
Property Details for 48 Welman St, Launceston
48 Welman St, Launceston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1925. The property has a land size of 438m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Last Listing description (July 2026)
Positioned in exclusive Welman Street, we offer to the market a unique opportunity to purchase this dual returning rental investment property or the framework for your future dream home. Currently configured with two long-standing tenants in place this three bedroom, two bathroom home can easily be returned to a single stately residence.
Each level of the house offers its own independent kitchen facilities, bathroom, and private outdoor space, ensuring privacy and convenience for all occupants. The upper level takes advantage of its elevated position, featuring a spacious deck that captures breathtaking views of the valley, cityscape, and the river beyond. This orientation creates an incredibly picturesque setting to relax and unwind.
On the lower level, the focus shifts to the garden, where a small potting shed and an undercover area face a north-westerly direction. This serene space allows you to immerse yourself in the urban environment and simultaneously enjoy the privacy of the surroundings.
Bathed in natural light and decorated with period details, this charming 1925 weatherboard home embodies the characteristic charm of Tasmanian architecture. Fortunate to occupy a privileged position on the eastern Ridgeline, offering panoramic views of the CBD. Furthermore, the property's prime location provides convenient access to the CBD, shops, restaurants, cafes, the Aquatic Centre, schools, and hospitals, all within a short walk.
Whether you envision an investment opportunity or wish to create your dream home in an unbeatable location, this property holds immense potential. Embrace the charm of this home, seize the stunning views, and take advantage of its proximity to all amenities. Don't miss your chance to secure this exclusive property on Welman Street.
Property History for 48 Welman St, Launceston, TAS 7250
- 14 Jun 2023Listed for Sale Not Disclosed
- 01 Aug 2022Listed for Rent $420 / week
- 31 May 2022Listed for Rent $375 / week
Recent sales nearby
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0About Launceston 7250
The size of Launceston is approximately 4.5 square kilometres. There are 13 parks, covering nearly 16.4% of the 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 26.79% increase in median value, while Units have seen a 15.50% increase. As at 31 July 2026:
- The median value for Houses in Launceston is $873,912 while the median value for Units is $559,475.
- Houses have a median rent of $590 while Units have a median rent of $450.
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