54 Canning Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

54 Canning Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 141m2
Land area: 430m2
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Property Details for 54 Canning St, Launceston

54 Canning St, Launceston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1935. The property has a land size of 430m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
House
Year Built
1935
Floor Size
141m2
Land Size
430m2
Local Government
Launceston
Lot/Plan
1/157840

Last Listing description (May 2016)

Set on 430m2 approx city block and currently utilised as office space is this 141m2 approx commercial zoned, brick veneer dwelling, ready for new owners to take to the next stage.
There are 5 rooms, the bones of a kitchen with pantry, functional bathroom with shower, basin, bath and toilet plus a separate laundry / storage room.
A Toshiba heat pump positioned above the entrance flows along the hall reaching all the rooms, plus extra panel heaters are positioned in most rooms.

The yard has various shedding, plus a single garage accessed by right of way via Wellington Street. A security system is also in place.
If you are looking for a suitable location to run a business, this property may be the solution. Situated within walking distance to restaurants, cafes, hospital, parks and the city centre.

Property History for 54 Canning St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$340,000
21 Nov 2015
  • 21 Nov 2015
    Sold for $340,000
  • 30 Oct 2015
    Listed for Sale $350,000
  • 12 May 2009
    Sold for $325,000
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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, 108 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.