54B Elizabeth StreetLaunceston TAS 7250
Property Details for 54b Elizabeth St, Launceston
54b Elizabeth St, Launceston is a 1 bedroom, 1 bathroom Unit.
Last Listing description (September 2025)
CONFIGURATION: Suitable for a home business operator, this fully renovated 1 bedroom studio apartment is ideal for a commuter or home office arrangement offering 1 bedroom, kitchen and separate living area and bathroom with separate toilet.
FEATURES: Furnished including whitegoods, easy access and plenty of affordable parking nearby, adjacent to the Upper St John St cafe precinct, views of Princes Park and St Johns Cathedral.
HEATING/COOLING: Reverse cycle air conditioner.
PARKING: No off street parking, ample affordable parking options nearby.
INCLUSIONS: Furnished including whitegoods.
EXCLUSIONS: Linen.
LEASE TERM: The owner will require an initial 12 month lease.
WHAT ABOUT PETS: Sorry pets are not suitable at this property.
SUBURB PROFILE: Positioned in the central business district, surrounded by exceptional local cafs and bars, an abundance of parks and recreational areas such as the City Park, Princes Park, Cataract Gorge, Royal Park and a short stroll to popular Charles Street caf strip and the Launceston General Hospital.
THE HISTORY: Dr William Russel Pugh living here from 1840, He and his cohort Dr James Grant (as per the plaque on the front of the building) carried out the first anaesthetic operation in the Southern Hemisphere in the 1840s at Moreton House in Charles Street, 54 Elizabeth St was the Doctors House and residence for approx 10 years; 1840-1850.
Property History for 54b Elizabeth St, Launceston, TAS 7250
- 19 Sep 2025Listed for Rent $360 / week
- 15 Aug 2025Listed for Rent $325 / week
- 11 Oct 2024Listed for Rent $295 / week
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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 3,721 properties. Over the last 5 years, Houses in Launceston have seen a 37.53% increase in median value, while Units have seen a 34.57% increase. As at 31 March 2026:
- The median value for Houses in Launceston is $827,043 while the median value for Units is $559,133.
- Houses have a median rent of $560 while Units have a median rent of $450.
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