51 York Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

51 York Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 797m2
Land area: 607m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 51 York St, Launceston

Building Type
Commercial
Year Built
1975
Floor Size
797m2
Land Size
607m2
Local Government
Launceston
Lot/Plan
1/133235

Last Listing description (February 2016)

Enjoying excellent frontage onto York Street and over two floors in an area that has experienced recent redevelopment nearby, this CBD property represents a great opportunity to secure a site that would suit a range of uses. Offered for sale with vacant possession there is scope for an owner occupier or investors. The added advantage offered by off street car parking accessed via Vincent Street can be capitalised on along with the extensive improvements, excellent natural light, and potential to divide the ground and first floor for dual occupation - either commercial across both floors or a mix of commercial and residential (STCA).
On 607m2 of land construction is predominantly brick and concrete and the site coverage is extensive. Front and rear windows provide good natural light and the internal partitioning appears to be largely non structural allowing for an easy refit. The rear ground area of the property is paved and offers pedestrian access along with parking for three cars. Two of these parks are secure.

Property History for 51 York St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$940,500
21 Dec 2015
  • 21 Dec 2015
    Sold for $940,500
  • 05 Nov 2015
    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 3,723 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 28 properties listed for sale, and 13 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 121 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.