51 Upton Street, Launceston, TAS 7250 sold on 22 October 2025 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 22 Oct 2025 for $680,000

51 Upton Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 129m2
Land area: 422m2
Sold By
agent headshot
Thomas & Associates Tasmania
Save

Property Details for 51 Upton St, Launceston

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.

Building Type
House
Year Built
1901
Floor Size
129m2
Land Size
422m2
Local Government
Launceston
Lot/Plan
1/244403

Last Listing description (October 2025)

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.


Upper Level - Character & Elevated Views
A formal entry hall leads into two generous bedrooms, both featuring decorative fireplaces, high ceilings, and Tasmanian oak floors. The open-plan kitchen and dining area is filled with natural light and captures uninterrupted views over the city.

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

A timeline of how this property has performed in the market
Last Sold
$680,000
22 Oct 2025
  • 22 Oct 2025
    Sold for $680,000
  • 12 Feb 2025
    Listed for Sale Expressions of Interest
  • 18 Jul 2024
    Listed for Sale Offers Over $695,000
Sign in to see more transactions
Commute Calculator

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 3,723 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:

  • The median value for Houses in Launceston is $766,540 while the median value for Units is $497,845.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 27 properties listed for sale, and 12 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 118 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

Market Insights
Launceston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Launceston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.