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

5 Elizabeth Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 160m2
Land area: 171m2
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Last updated 23 Mar 2026
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Property Details for 5 Elizabeth St, Launceston

5 Elizabeth St, Launceston is a 3 bedroom, 1 bathroom Townhouse and was built in 1890. The property has a land size of 171m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in May 1984.

Building Type
Townhouse
Year Built
1890
Floor Size
160m2
Land Size
171m2
Local Government
Launceston
Lot/Plan
3/58910

Last Listing description (February 2023)

Beautifully restored and tastefully furnished townhouse split over 2 levels, comprising of 3 generous size bedrooms upstairs, lounge, sitting room, modern kitchen and renovated bathroom with a second toilet on the lower level. All bedrooms are carpeted and the downstairs living areas include polished floorboards and tiles. A private courtyard allows for private entertaining.

FEATURES: Fully furnished, newly restored townhouse with feature fireplaces, quality furnishings, fixtures and fittings, NBN, refrigerator, cooktop and under bench oven, washing machine.


HEATING/COOLING: Reverse cycle air conditioner downstairs.

INCLUSIONS: Fully furnished including crockery, cookware, artwork etc.

LOCATION: A short walk to CBD and minutes to Launceston General Hospital, Calvary Hospital, and Charles Street caf strip, with easy access to public transport, local shops and boutiques.

PETS: Sorry this property is not suitable for pets.

AVAILABLE with 3, 6, or 12 month, lease (negotiable)

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Property History for 5 Elizabeth St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$43,000
29 May 1984
Listed for Rent
$590/w
27 Feb 2023
  • 23 Jan 2023
    Listed for Rent $590 / week
  • 23 Mar 2020
    Listed for Rent $500 / week
  • 07 Nov 2019
    Listed for Rent $400 / week
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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 37.21% increase in median value, while Units have seen a 29.64% increase. As at 28 February 2026:

  • The median value for Houses in Launceston is $789,184 while the median value for Units is $513,760.
  • Houses have a median rent of $530 while Units have a median rent of $460.
There are currently 24 properties listed for sale, and 14 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 125 properties were sold in the past 12 months in Launceston.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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