51 Brisbane Street, Launceston, TAS 7250 sold on 03 February 2025 | OnTheHouse
SOLD
Sold on 03 Feb 2025 for $695,000

51 Brisbane Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 119m2
Land area: 129m2
Sold By
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Shepherd & Heap Auctioneers & Estate Agents
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Property Details for 51 Brisbane St, Launceston

Building Type
Commercial
Year Built
1957
Floor Size
119m2
Land Size
129m2
Local Government
Launceston
Lot/Plan
5/15973

Last Listing description (May 2015)

An excellent Brisbane Street tenancy with ground floor retail of over 100 sq metres along with additional retail on the first floor or office/store or possibly manager's flat.
CONTACT IAN SINGLINE 0419 820820 FOR FURTHER DETAILS

Property History for 51 Brisbane St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$695,000
03 Feb 2025
Listed for Rent
$28k/w
03 May 2015
  • 03 Feb 2025
    Sold for $695,000
  • 10 Jan 2015
    Listed for Rent $27,500 / year
  • 03 Jul 2014
    Listed for Rent - Price not available
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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.