5/23 Denison Rd, West Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 295m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 2 bedroom Unit sold in West Launceston in the last 12 months.
This lovely 2 bedroom townhouse may be the perfect opportunity for a young couple looking for their first foot into the property market, or perhaps for an investor looking for a property with a long history in the rental market with an expected rental return of between $310 - $330 per week.
Being situated within walking distance to the CBD, Launceston General Hospital and the Cataract Gorge, with lovely views you would be hard pressed to find a townhouse in a better location. This townhouse also have a nice garden out the back providing room for your pet and you can spend many a happy night on your private balcony. This property is ready for you to move in and call it home. Book you inspection today.
Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
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:
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