7/135-143 Paterson Street, Launceston, TAS 7250 sold on 24 April 2026 | OnTheHouse
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Sold on 24 Apr 2026 for $636,500

7/135-143 Paterson Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 139m2
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Property Details for 7/135-143 Paterson St, Launceston

7/135-143 Paterson St, Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 139m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in Launceston in the last 12 months.

Building Type
Unit
Land Size
139m2

Last Listing description (April 2026)

Introducing an exceptional investment opportunity at 7/135-143 Paterson Street, Launceston. This stylish two-bedroom, one-bathroom unit boasts an outstanding location in the heart of Launceston. Perfectly suited for investors looking to capitalise on a highly sought-after locale, this property is guaranteed to impress.

Set within an appealing and uniquely positioned complex, the apartment offers a fabulous outlook with stunning views of the Tamar River to the north, and the bustling town centre to the south. With easy access to walks through the Cataract Gorge and riverside precincts, as well as an array of local restaurants, theatres, and museums, this unit offers a truly enviable lifestyle.

The contemporary presentation is both stylish and secure, with an abundance of natural light filling the spacious open-plan living area. Featuring a modern kitchen, large bedrooms with built-in robes, and a two-way bathroom with an additional powder room, this unit has been designed with both comfort and practicality in mind.

Adding to the appeal is the outdoor patio, perfect for enjoying the captivating views, as well as off-street parking and a separate storeroom and garage for added convenience.

This property is a must-see for savvy investors. Don't miss this opportunity to secure a stylish and modern unit in the heart of Launceston.

Council rates: $510 p/q approx.
Water rates: $275 p/q approx.
Building size: 108m2 approx.
Land size: 139m2 approx.
Rental estimate: $520-$580 per week approx.

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 7/135-143 Paterson St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$636,500
24 Apr 2026
Listed for Rent
$550/w
07 Mar 2023
  • 24 Apr 2026
    Sold for $636,500
  • 07 Apr 2026
    Listed for Sale Offers Over $599,000
  • 13 May 2024
    Listed for Sale Offers Over $599,000
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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 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 29.47% increase in median value, while Units have seen a 24.45% increase. As at 31 May 2026:

  • The median value for Houses in Launceston is $854,205 while the median value for Units is $556,922.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 19 properties listed for sale, and 13 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 125 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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Georgia Anderson
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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.