51 Upton StreetLaunceston TAS 7250
Property Details for 51 Upton St, Launceston
51 Upton St, Launceston is a 3 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1890. The property has a land size of 402m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom Unit sold in Launceston in the last 12 months.
Last Listing description (February 2026)
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, cafs, shops, multiple schools, and 750m from the Launceston General Hospital, it also holds strong appeal for short-term accommodation.
Upper Level - Character & Elevated Views
A private verandah extends from the kitchen, offering a perfect vantage point to take in Launceston's skyline. The bathroom features a walk-in shower, classic fittings, and expansive city views framed by French window shutters.
Self-Contained Lower Level
A separate entry provides direct access to the lower floor, making it an ideal second tenancy, guest accommodation, or home office. This level includes:
A spacious living area
A well-appointed kitchen with ample storage
A comfortable bedroom
A neatly designed bathroom
Outside, a double carport, external laundry, and substantial under-house storage add further practicality.
Private & Low-Maintenance
Set behind established trees, the property maintains privacy while remaining low-maintenance.
With dual living flexibility, strong returns, and an unbeatable position, this is a rare find in Launceston's inner city.
Contact Thomas today to arrange an inspection.
Property History for 51 Upton St, Launceston, TAS 7250
- 01 Oct 2025Sold for $680,000
- 12 Feb 2025Listed for Sale Expressions of Interest
- 18 Jul 2024Listed for Sale Offers Over $695,000
Recent sales nearby
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0About 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 3,722 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.
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