50 Elphin Road, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

50 Elphin Road
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 151m2
Land area: 898m2
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Property Details for 50 Elphin Rd, Launceston

Building Type
Commercial
Year Built
1956
Floor Size
151m2
Land Size
898m2
Local Government
Launceston
Lot/Plan
4/40633

Last Listing description (March 2009)

LOCATION, LOCATION, LOCATION
THIS BEAUTIFULLY MAINTAINED PROPERTY IS OFFERED FOR SALE FOR THE FIRST TIME IN OVER 50 YEARS. THE HOME SITS IN AN ELEVATED POSITION ON ELPHIN ROAD & FEATURES THREE DOUBLE BEDROOMS, ALL WITH BUILTINS, A LARGE KITCHEN/DINING AREA CAPTURING THE MORNING SUN & 2 LIGHT FILLED LIVING ROOMS. THE HOUSE HAD RECENTLY BEEN REPAINTED AND RE-CARPETED. THE SEPARATE SINGLE GARAGE ALSO PROVIDES AN ADDITIONAL STORAGE AREA, A SECOND TOILET & AN OFFICE. VEHICLE ACCESS TO THE 898M2 OF LAND IS FROM LYTTLETON STREET. WITH SUBDIVISION & DEVELOPMENT OPPORTUNITIES (STCA) OR AS A DELIGHTFUL FAMILY HOME, AN INSPECTION IS A MUST. 50 ELPHIN ROAD, LAUNCESTON PLEASE CALL JO OLIVER ON 0400 501 673 OR PETER MCGILLVERY ON 0418 134 110 FOR AN INSPECTION.

Property History for 50 Elphin Rd, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$103,420
01 May 2016
  • 01 May 2016
    Sold for $103,420
  • 12 Feb 2009
    Sold for $420,000
  • 26 Nov 2008
    Listed for Sale Not Disclosed
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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 3,724 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 25 properties listed for sale, and 16 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 120 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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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.