25 Hill StreetWest Launceston TAS 7250
Property Details for 25 Hill St, West Launceston
25 Hill St, West Launceston is a 7 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1915. The property has a land size of 816m2 and floor size of 420m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (April 2026)
Discover a rare and exciting opportunity to secure a high-performing multi-residence investment property in one of Launceston's most desirable locations, just minutes from the CBD. CARINYA represents an astute investment where lifestyle appeal meets exceptional rental returns. This captivating property delivers strong, reliable income in a sought-after position that continues to attract quality tenants. The property boasts an excellent rental history with consistent demand, providing investors with confidence and stability.
Comprising 6 well-configured apartments across 3 levels - 5 x 1-bedroom units and 1 spacious 2-bedroom unit. Each unit is generously proportioned with welcoming living and dining areas, practical kitchens, and neat bathrooms designed for comfortable, low-maintenance living. 5 of the 6 units showcase expansive views of the CBD and mountains beyond. Allocated carports and 1 lock-up garage enhance the investment profile, while the substantial building footprint offers genuine potential for savvy investors to develop further, extend, or refurbish to maximise returns.
Perfectly positioned next to Arbour Park and walking distance to West Launceston Primary School, Cataract Gorge Reserve, Launceston General Hospital, and the CBD, this premium location combines lifestyle amenities with exceptional convenience - a combination that ensures ongoing tenant demand. Don't miss the opportunity to capture CARINYA and build your investment future.
25 Hill St at a glance:
Exciting multi-unit investment opportunity
Prominent location in close to Launceston CBD and hospital
Substantial 420sqm divided into 6 units
Excellent rental history and high demand
Single garage pus 5 bay carport
Additional Information:
Land area: 816sqm
Main building: 420sqm
Council: Launceston City
Zoned: General Residential
Total rent per week: $1,740
Total Annual Rent: $90,480
Current Outgoings: Approx $19,800
Rates: Appox $8,000
Land tax: $1,355
Water: Approx Approx $5,500
Insurance: $4,878
"Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements and boundary lines are approximate"
Property History for 25 Hill St, West Launceston, TAS 7250
- 02 Dec 2025Listed for Sale Offers over $1.6m
- 05 Feb 2022Sold for $1,340,000
- 18 Jan 2022Listed for Sale Best Offer Over $1.2M
Recent sales nearby
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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 2,148 properties. Over the last 5 years, Houses in West Launceston have seen a 34.83% increase in median value, while Units have seen a 42.57% increase. As at 31 July 2026:
- The median value for Houses in West Launceston is $746,189 while the median value for Units is $508,085.
- Houses have a median rent of $560 while Units have a median rent of $450.
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