5 Innes Street, Launceston, TAS 7250 sold on 28 March 2025 | OnTheHouse
SOLD
Sold on 28 Mar 2025 for $750,000

5 Innes Street
Launceston TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 165m2
Land area: 392m2
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Property Details for 5 Innes St, Launceston

Building Type
Commercial
Year Built
1907
Floor Size
165m2
Land Size
392m2
Local Government
Launceston
Lot/Plan
1/247276

Property History for 5 Innes St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$750,000
28 Mar 2025
  • 28 Mar 2025
    Sold for $750,000
  • 18 Dec 1990
    Sold for $80,000
  • 02 Oct 1989
    Sold for $72,000
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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 3,719 properties. Over the last 5 years, Houses in Launceston have seen a 49.52% increase in median value, while Units have seen a 32.72% increase. As at 31 October 2025:

  • The median value for Houses in Launceston is $758,684 while the median value for Units is $492,183.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 29 properties listed for sale, and 11 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 106 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.