15 Reserve Street, West Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

15 Reserve Street
West Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 155m2
Land area: 470m2
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Property Details for 15 Reserve St, West Launceston

15 Reserve St, West Launceston is a 3 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 470m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Year Built
1900
Floor Size
155m2
Land Size
470m2
Local Government
Launceston
Lot/Plan
1/227925

Last Listing description (August 2025)

Introducing "Sheila," a distinguished 120-year-old residence that has never before graced the open market. This early Federation masterpiece offers an exquisite blend of timeless elegance and modern comfort, perfectly situated on the edge of the city with stunning views over the city and to the mountains beyond.

As you step inside, you'll be captivated by the grandeur of the original mahogany staircase and the soaring 12-foot ceilings that create an airy, expansive feel throughout the home. The floorplan can be varied depending on your requirements.

The spacious interiors are bathed in natural light, enhancing the beauty of each room. Whether you're relaxing in one of the elegant living spaces or entertaining guests, the view of the lush park opposite adds a serene backdrop to your everyday life.

The home has a rich history and includes a room decorated in a unique & original style with hand stencilled walls by the original owners, a well-known artisan family in the early 1900s.

A tiered back yard makes for easy upkeep and has some stunning mature trees and is a beautiful example of a cottage garden which has been maintained meticulously.

Whilst the house has been lovingly restored and maintained in recent years, there is still the scope for minor alterations which will allow you to put your own stamp on this wonderful property.

"Sheila" named after the family matriarch is not just a house; it's a piece of Launceston's history, offering a rare opportunity to own a residence that combines character, charm, and a premier location.

Property History for 15 Reserve St, West Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$625,000
27 Nov 2024
  • 27 Nov 2024
    Sold for $625,000
  • 20 Aug 2024
    Listed for Sale Offers Over $595,000
  • 05 Jun 2002
    Sold for $40,000
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About West Launceston 7250

The size of West Launceston is approximately 3.9 square kilometres. There are 11 parks, covering nearly 26.0% of the total area. The population of West Launceston in 2016 was 4212 people. By 2021 the population was 4316 showing a population growth of 2.5% in the area during that time. The predominant age group in West Launceston is 50-59 years. Households in West Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Launceston work in a professional occupation.In 2021, 68.10% of the homes in West Launceston were owner-occupied compared with 68.40% in 2016.

West Launceston has 2,149 properties. Over the last 5 years, Houses in West Launceston have seen a 42.11% increase in median value, while Units have seen a 48.76% increase. As at 31 May 2026:

  • The median value for Houses in West Launceston is $736,808 while the median value for Units is $510,309.
  • Houses have a median rent of $550 while Units have a median rent of $445.
There are currently 14 properties listed for sale, and 3 properties listed for rent in West launceston on OnTheHouse. According to Cotality's data, 94 properties were sold in the past 12 months in West launceston.

Suburb Insights for West Launceston 7250

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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.