19 Mulgrave Street, South Launceston, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

19 Mulgrave Street
South Launceston TAS 7249

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 169m2
Land area: 360m2
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Property Details for 19 Mulgrave St, South Launceston

19 Mulgrave St, South Launceston is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1915. The property has a land size of 360m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Year Built
1915
Floor Size
169m2
Land Size
360m2
Local Government
Launceston
Lot/Plan
1/229930

Last Listing description (February 2020)

Offering excellent return as a dual-income investment opportunity are these two centrally located South Launceston units. Situated within walking distance of the CBD and LGH with a solid rental history, the recently updated units offer a wonderful opportunity not to be missed!• Dual income opportunity in central South Launceston• Great potential for Airbnb, with an estimated return of $80-$100 approx. per night.• Two recently updated units with solid rental histories• Recently renovated inside and out• Repainted, floors re-sanded, and new tiling• New reverse cycle air-conditioning unit in each• Takeaway shop across the road and within walking distance of the CBD and LGH• Strong rental histories • An excellent opportunity sure to attract a lot of interest!Council rates: $675 p/q approx.Water rates: $300 p/q approx. Land size: 358m2 approx.Building size: 145m2 approx. Year built: 1915Rental: Unit 1 – tenanted until March 2020 for $245 per week. Unit 2 – tenanted on a month by month lease for $270 per week. Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 19 Mulgrave St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$470,000
30 Jan 2020
Listed for Rent
$210/w
15 Jun 2013
  • 30 Jan 2020
    Sold for $470,000
  • 15 Jan 2020
    Sold for $470,000
  • 25 Nov 2019
    Listed for Sale $449,000 - $489,000
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About South Launceston 7249

The size of South Launceston is approximately 2.8 square kilometres. There are 8 parks, covering nearly 5.4% of the total area. The population of South Launceston in 2016 was 4592 people. By 2021 the population was 4894 showing a population growth of 6.6% in the area during that time. The predominant age group in South Launceston is 20-29 years. Households in South Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Launceston work in a professional occupation.In 2021, 51.20% of the homes in South Launceston were owner-occupied compared with 52.60% in 2016.

South Launceston has 2,425 properties. Over the last 5 years, Houses in South Launceston have seen a 49.85% increase in median value, while Units have seen a 40.85% increase. As at 31 May 2026:

  • The median value for Houses in South Launceston is $659,169 while the median value for Units is $462,950.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and 6 properties listed for rent in South launceston on OnTheHouse. According to Cotality's data, 125 properties were sold in the past 12 months in South launceston.

Suburb Insights for South Launceston 7249

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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.