5 Brisbane Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

5 Brisbane Street
Launceston TAS 7250

Bedrooms: 6
Bathrooms: 2
Car spaces: -
Floor area: 340m2
Land area: 806m2
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Property Details for 5 Brisbane St, Launceston

5 Brisbane St, Launceston is a 6 bedroom, 2 bathroom House and was built in 1900. The property has a land size of 806m2 and floor size of 340m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
House
Year Built
1900
Floor Size
340m2
Land Size
806m2
Local Government
Launceston
Lot/Plan
2/96527

Last Listing description (July 2014)

Reside and work in style
For the first time in 30 years, this incredible Federation mansion is up for sale and must sell!
Positioned amongst a number of hotel buildings known as 5 Brisbane Street is the once known prestige mansion Athlone.

In its heyday this property would have had 180 degrees of uninterrupted views over Launceston and the City Park area. However with the development in the late 1950's of several hotel buildings along this end of Brisbane Street the land belonging to Athlone was subdivided leaving this elegant Federation mansion on a plot of 804m2.
Built from triple brick this grand old building boast some of Launceston's most detailed Federation character. The property opens up opportunity for a number of uses. Currently used as a community centre the building could be utilized for consulting rooms, offices, or again become a beautiful residence.
There are 4 off street car spaces accessed off the rear from Faulkner St, 2 kitchens, 2 bathrooms, 3 toilets, large cellar, 2 large living rooms, 2 balcony's with views, 6 bedrooms and a large veranda stretching the length of the building overlooking the front garden.
As you walk through the property discovering incredible original features you can't help but imagine what a grand home it once was. This property absolutely must be sold and the vendors will consider offers prior to auction.
I would strongly urge any buyer that is considering a central location for any purpose be it home or office to come and consider this unique opportunity. The vendors are extremely motivated to sell sooner rather than later.
Auction - Thursday 21st August, 4.00pm at Harcourts Launceston, 187 Brisbane Street, Launceston
*All measurements are approximate
Additional feature/s - Property condition: Renovator.

Property History for 5 Brisbane St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$465,000
25 Jul 2014
  • 25 Jul 2014
    Sold for $465,000
  • 17 Jul 2014
    Listed for Sale AUCTION
  • 04 Nov 2005
    Sold for $465,000
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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 28 properties listed for sale, and 13 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 121 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.