8/47-49 Elphin Rd, Launceston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930.
Channelling classic Art Deco style, this charming 1-bedroom, first-floor apartment presents an exciting opportunity to secure a home or investment property within one of Launceston's most iconic buildings.The clever floor plan maximises space, with a galley-style kitchen overlooking a light-filled living area. A reverse-cycle heat pump ensures year-round comfort, while the main bedroom features built-in robes and opens to a delightful Juliet balcony. The generously sized bathroom is a rare highlight for apartment living, complete with a separate shower and a stand-alone bath.Perfectly positioned, the property will appeal to both owner-occupiers seeking an easy city fringe lifestyle and investors drawn to its rental appeal. Just a short stroll from City Park, restaurants, cafs, the Aquatic Centre, tennis centre, private hospitals, and leading junior schools, the location delivers exceptional convenience and lifestyle.Additional features include secure front and rear entry, as well as a designated undercover car space.Currently leased at $350 per week until February 2026Council rates: approx. $370 per quarterBody corporate: approx. $692 per quarterDon't miss the chance to secure this appealing apartment in a truly iconic setting.
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 32.68% increase in median value, while Units have seen a 29.72% increase. As at 30 April 2026:
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