51 Merivale StreetSouth Launceston TAS 7249
Property Details for 51 Merivale St, South Launceston
51 Merivale St, South Launceston is a 5 bedroom, 3 bathroom Unit with 5 parking spaces and was built in 1957. The property has a land size of 354m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in March 2010.
Last Listing description (October 2022)
Situated in a wonderfully convenient (and quiet!) location, this 3 x apartment block has been fully renovated both inside and out. Featuring a three bedroom apartment upstairs, and 2 x one bedroom apartments downstairs, there is secure parking for all apartments behind a remote roller door and each apartment has its own outdoor shed / storage and private courtyard or balcony.
Each apartment also has their own laundry facilities, electric heating and are in excellent condition throughout.
Currently on one title, the renovations have been completed with the view to strata-titling the property in the future (STCA), and offers the next owner a wonderful opportunity for either a long term investment property / home or a shorter term project to strata and sell individually.
Rental appraisal available.
Property History for 51 Merivale St, South Launceston, TAS 7249
- 16 May 2022Listed for Sale Offers over $945,000
- 05 Mar 2010Sold for $230,000
- 12 Oct 2009Listed for Sale $250,000
Recent sales nearby
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0About 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 2,430 properties. Over the last 5 years, Houses in South Launceston have seen a 47.77% increase in median value, while Units have seen a 44.01% increase. As at 30 June 2026:
- The median value for Houses in South Launceston is $672,761 while the median value for Units is $465,814.
- Houses have a median rent of $550 while Units have a median rent of $445.
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