96A Elizabeth Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

96A Elizabeth Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 94m2
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Property Details for 96a Elizabeth St, Launceston

Building Type
Commercial
Land Size
94m2
Local Government
Launceston

Last Listing description (February 2019)

Fronting Elizabeth Street at the side of Benders Lane, in what is becoming a more lively part of Launceston, is this ground floor space available for sale with vacant possession. Strata titled, this is a terrific opportunity to secure a commercial property at an affordable level for your own or a tenant s use. Recently refurbished - internally walls are freshly painted, there is new lighting throughout much of the property as well as new floor coverings. The building is very well presented externally and with the added benefit of ample car parking for customers or clients at the rear in the Council Car Park, this is a property that will suit a range of uses. It means an end to paying rent for your business or the chance to purchase a commercial investment property and secure a tenant without breaking the bank.

Property History for 96a Elizabeth St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$350/w
22 Aug 2018
  • 20 Dec 2018
    Listed for Sale $295,000 plus GST
  • 13 Sep 2018
    Listed for Sale EXPRESSIONS OF INTEREST
  • 02 Aug 2018
    Listed for Rent $350 / week
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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 3,721 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.
There are currently 24 properties listed for sale, and 12 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 126 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.