11 Jackson St, Mowbray is a 5 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1910. The property has a land size of 533m2 and floor size of 215m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
Great Investment Returning over 9% with Three Tenancies.
There three units, 1 x 3 bedroom and 2 x1 bedroom, all separately metred and with their own hot water supply. Originally a character weatherboard home built in 1910 sitting on the hill in Mowbray with views over the city, it still has many of the original features. From an investment point of view the location is the key. It sits within walking distance to the University, senior campus of Launceston Grammar School and the major Mowbray shopping centre that houses both major supermarkets, banks and medical centre. On a major bus route to Launceston's CBD and to the Inveresk campus of the University. This return is very good but with some small additions the rent could be even better. Looking for a safe investment property this is a must look!!
Additional feature/s - Fixed and fitted floor coverings.
The size of Mowbray is approximately 9.4 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Mowbray in 2016 was 3733 people. By 2021 the population was 4048 showing a population growth of 8.4% in the area during that time. The predominant age group in Mowbray is 20-29 years. Households in Mowbray are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mowbray work in a community and personal service occupation.In 2021, 46.10% of the homes in Mowbray were owner-occupied compared with 47.90% in 2016.
Mowbray has 1,911 properties. Over the last 5 years, Houses in Mowbray have seen a 56.98% increase in median value, while Units have seen a 54.63% increase. As at 28 February 2026:
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