33 Neika AvenueWest Launceston TAS 7250
Property Details for 33 Neika Ave, West Launceston
33 Neika Ave, West Launceston is a 16 bedroom, 16 bathroom Unit with 1 parking spaces and was built in 1948. The property has a land size of 2710m2 and floor size of 628m2. While the property is not currently for sale or for rent, it was last sold in December 2017.
Last Listing description (December 2017)
An outstanding opportunity for developer/builder/architect to add enormous upside to this blank canvass whilst enjoying a steady income stream
Convenient city fringe location on enormous corner block with outstanding views
Currently configured in to 16 apartments yielding a passive income of $139,880 per annum
To be sold complete with concept drawing produced by S Group architects
For further details contact Blake Shepherd.
Property History for 33 Neika Ave, West Launceston, TAS 7250
- 11 Dec 2017Sold for $1,200,000
- 19 Apr 2017Listed for Sale Not Disclosed
- 23 Oct 2014Listed for Rent $210 / week
Recent sales nearby
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About West Launceston 7250
The size of West Launceston is approximately 3.9 square kilometres. It has 11 parks covering nearly 26.0% of 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 2,142 properties. Over the last 5 years, Houses in West Launceston have seen a 57.06% increase in median value, while Units have seen a 54.94% increase. As at 30 November 2025:
- The median value for Houses in West Launceston is $673,513 while the median value for Units is $429,373.
- Houses have a median rent of $500 while Units have a median rent of $440.
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