218 Wellington Street, South Launceston, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

218 Wellington Street
South Launceston TAS 7249

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 190m2
Land area: 468m2
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Property Details for 218 Wellington St, South Launceston

218 Wellington St, South Launceston is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 468m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
House
Year Built
1960
Floor Size
190m2
Land Size
468m2
Local Government
Launceston
Lot/Plan
1/141574

Last Listing description (October 2018)

This great property in the heart of South Launceston offers an excellent opportunity for business owners, home owners and investors alike!
The property consists of a three-bedroom, two-bathroom townhouse and attached council-approved shopfront.
Completely renovated throughout, the townhouse features polished oak floors, Plantation shutters, skylights, reverse cycle air-conditioning, built-in robes, a spa bath, a kitchen with stainless steel Euro appliances, and an enclosed deck at rear. The fully approved shop could be rented separately if required, as a separate entrance and third bathroom are provided.

Externally, the property offers excellent street appeal and a good sized rear yard with established trees.
Located on Wellington Street, the property is centrally located and close to all services and conveniences.
Land size: 465m2 approx.
Building size: 200m2 approx.
Year built: 1960
Rental estimate: $380 per week approx.
Zoning: Inner Local Business
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 218 Wellington St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$350,000
21 Jul 2018
Listed for Rent
$350/w
28 Nov 2016
  • 21 Jul 2018
    Sold for $350,000
  • 14 Mar 2018
    Listed for Sale $369,000
  • 20 Oct 2016
    Listed for Rent $350 / week
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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 2,429 properties. Over the last 5 years, Houses in South Launceston have seen a 44.47% increase in median value, while Units have seen a 41.15% increase. As at 31 July 2026:

  • The median value for Houses in South Launceston is $672,635 while the median value for Units is $471,981.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 6 properties listed for sale, and 8 properties listed for rent in South launceston on OnTheHouse. According to Cotality's data, 133 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.