56 Frankland Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
 
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56 Frankland Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 137m2
Land area: 543m2
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Last updated 2 Feb 2026
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Property Details for 56 Frankland St, Launceston

56 Frankland St, Launceston is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1946. The property has a land size of 543m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in August 2011.

Building Type
House
Year Built
1946
Floor Size
137m2
Land Size
543m2
Local Government
Launceston
Lot/Plan
1/209098

Last Listing description (April 2023)

Built in 1946, this character home retains many original features with the addition of many modern conveniences while situated only footsteps to the LGH.
The renovated kitchen flows to the paved outdoor entertaining area & rear yard. The single car garage adjoins a storage shed with a toilet. The updated bathroom is centrally located & both bedrooms are of good size. The large living room enjoys afternoon sun while absorbing the views of city streetscape.
This inner city pad could be the perfect live in or investment option or with an eye on future development (STCA)

- 8kw solar system
- Double Glazing
- Renovated kitchen & bathroom
- Zoned Inner Residential
- Polished floorboards
- Off street parking for multiple vehicles

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Property History for 56 Frankland St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$262,500
09 Aug 2011
Listed for Rent
$310/w
10 Aug 2011
  • 30 Nov 2022
    Listed for Sale $649,000 - $699,000
  • 09 Aug 2011
    Sold for $262,500
  • 26 May 2011
    Listed for Rent - Price not available
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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 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 26 properties listed for sale, and 13 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 119 properties were sold in the past 12 months in Launceston.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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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.

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