94 Elizabeth Street, Launceston, TAS 7250 sold on 01 May 2025 | OnTheHouse
 
SOLD
Sold on 01 May 2025 for $540,000

94 Elizabeth Street
Launceston TAS 7250

Bedrooms: 1
Bathrooms: 2
Car spaces: 3
Floor area: 176m2
Land area: 149m2
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Property Details for 94 Elizabeth St, Launceston

94 Elizabeth St, Launceston is a 1 bedroom, 2 bathroom Other with 3 parking spaces and was built in 1890. The property has a land size of 149m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 1 bedroom Other sold in Launceston in the last 12 months.

Building Type
Other
Year Built
1890
Floor Size
176m2
Land Size
149m2

Last Listing description (May 2025)

Discover this charming building, rich in heritage, set on a rare dual-frontage parcel of land with 4.88m on both Elizabeth Street and Benders Lane. This unique opportunity combines the allure of history with the promise of future development. This Property is being offers as vacant possession.
Key Features:

Development Potential: Clear avenues for multi-level new builds, perfect for maximizing this prime location.

Zoning: Coveted 'Urban Mixed' use overlay, opening doors to a variety of uses.

Land & Building Size: Approx. 150m² land / 176m² building, providing ample space for your vision.
Rates: $2400 per year (approx)
Water: $1000 per year plus usage
Versatile Opportunity: Ideal for developers, investors, or as a city pad.

This property is highly recommended for buyers seeking income, growth, and significant upside in a tightly held market. Don't miss your chance to secure this exceptional offering!

Contact us today to arrange a viewing!

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

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Property History for 94 Elizabeth St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$540,000
01 May 2025
  • 01 May 2025
    Sold for $594,000
  • 15 Oct 2024
    Listed for Sale Offers over $549,000
  • 08 Oct 2021
    Sold for $600,000
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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 3,718 properties. Over the last 5 years, Houses in Launceston have seen a 49.52% increase in median value, while Units have seen a 32.72% increase. As at 31 October 2025:

  • The median value for Houses in Launceston is $758,684 while the median value for Units is $492,183.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 29 properties listed for sale, and 9 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 106 properties were sold in the past 12 months in Launceston.

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