59 Brisbane Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

59 Brisbane Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1093m2
Land area: 756m2
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Property Details for 59 Brisbane St, Launceston

Building Type
Commercial
Year Built
1932
Floor Size
1093m2
Land Size
756m2
Local Government
Launceston
Lot/Plan
2/47528

Last Listing description (August 2022)

Prominent office building located in Brisbane Street next to the Princess Theatre. The location on Brisbane Street is within a block of the Brisbane Street Mall.

The building provides 4 First Floor (Walk-up) suites which provide varying configuration for a tenant to work within.

This suite is separate from the other tenancies and incorporates a large combined area, office, store room and kitchenette. Amenities are shared between tenants within the building.

The owners are embarking on some refurbishment which will include cosmetic work of re-paining and heating throughout.

Property History for 59 Brisbane St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$850,000
12 Oct 1990
Listed for Rent
$20k/w
25 Jul 2023
  • 25 Jun 2021
    Listed for Rent - Price not available
  • 26 Aug 2020
    Listed for Rent - Price not available
  • 29 Aug 2019
    Listed for Rent - Price not available
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About Launceston 7250

The size of Launceston is approximately 4.5 square kilometres. There are 13 parks, covering nearly 16.4% of the 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 32.68% increase in median value, while Units have seen a 29.72% increase. As at 30 April 2026:

  • The median value for Houses in Launceston is $831,502 while the median value for Units is $553,434.
  • Houses have a median rent of $560 while Units have a median rent of $450.
There are currently 19 properties listed for sale, and 14 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 127 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.