63-65 Elphin RoadLaunceston TAS 7250
Property Details for 63-65 Elphin Rd, Launceston
63-65 Elphin Rd, Launceston is a 6 bedroom, 5 bathroom Unit and was built in 1920. The property has a land size of 845m2 and floor size of 400m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (January 2022)
Introducing 63-65 Elphin Road, an exciting and rare opportunity to secure a multiple-residency investment. Positioned on the prestigious Elphin Road, just minutes from Launceston's CBD, this charming property has been divided into five self-contained units. The property offers a 10-vehicle car park and currently receives a gross income of $1,305 per week, proving an excellent return. This property is a secure investment. Updated kitchens and bathrooms, spacious bedrooms and an ideal location makes for an appealing rental, with long-term leases in place.
Year built: 1920
Land Size: 845m2
Rent Received:
63A - $300 per week
63B - $245 per week
65A - $265 per week
65B - $240 per week
65C - $255 per week
Yearly - $67,860
Council Rates: approx. $6,000 per annum
Water Rates: approx. $3,600 per annum
Property History for 63-65 Elphin Rd, Launceston, TAS 7250
- 12 Nov 2021Sold for $1,200,000
- 17 Sep 2021Listed for Sale Best Offer Over $1.2 Million
- 12 Mar 2019Sold for $72,500
Recent sales nearby
See more recent sales nearby/assets/perm/wdhskgg3dii6xnjzwpfpvxc374?signature=5ddd60d4f892d6f8de80fe586d8e108f8af28b571065cd1ea8eeca3f888c07ac){kind=logo}
0
/assets/perm/muauup6j74i63jxlrwktcyzzxu?signature=75c98d2cd12831b3810afaff39d66fcc289ef10972f8deab2a02cb8b422bf36b){kind=logo}
0
/assets/perm/npb7njgah4i6zfmbtozvglb2ka?signature=ddd2d632b563139162f7fa7dc8211eae68d1f045bb7d7c263ef63812905be23c){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
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.
Suburb Insights for Launceston 7250
Market Insights
Launceston Trends for Houses
N/A
N/A
View TrendN/A
N/A
Launceston Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© 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.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
