51 Upton St, Launceston is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1901. The property has a land size of 422m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Launceston in the last 12 months.
Sitting in the inner-city, 51 Upton Street offers a rare combination of stunning city views, flexible living arrangements, and solid investment potential. With a strong rental return exceeding $880 per week and a track record of capital growth, this property is an exceptional opportunity in a highly sought-after location.
Just a short walk to the CBD, cafés, shops, multiple schools, and 750m from the Launceston General Hospital, it also holds strong appeal for short-term accommodation.
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 41.37% increase in median value, while Units have seen a 27.53% increase. As at 31 January 2026:
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