99 Margaret StreetLaunceston TAS 7250
Property Details for 99 Margaret St, Launceston
99 Margaret St, Launceston is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1900. The property has a land size of 354m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in May 2017.
Last Listing description (June 2017)
This property has the position and a flat block in the heart of Launceston. It has street presence with the original 1900s weatherboard facade still in good order. It has good access, positioned in the middle of the block with a drive down one side to the rear garage and room for a second on the other side if required. 354m2 of land allows for a large extension or simple outdoor living in the city limits. Above all else it has potential, the front 3/4s of the home looks sound, the kitchen & bathroom could be updated to say the least, the house was rewired in 2005 and is generally in fair order for its age. Finally it must represent value in today's market!
Property History for 99 Margaret St, Launceston, TAS 7250
- 10 May 2017Sold for $304,500
- 11 Apr 2017Listed for Sale Best Offer Over $299,000
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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 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 41.37% increase in median value, while Units have seen a 27.53% increase. As at 31 January 2026:
- The median value for Houses in Launceston is $766,540 while the median value for Units is $497,845.
- Houses have a median rent of $510 while Units have a median rent of $450.
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