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Unit 2,
113 MARGARET STREET Launceston TAS 7250

This property is Off Market

All about Launceston Homes for sale in Launceston


  • The Average property price in this area is $491,777, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 45.44 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Launceston

With an average age of 44, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $283. The average family earns a weekly income of $1,965 with a typical household size of 1.9 and a 90.6% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Launceston due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Launceston provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Launceston necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 7%)

Are people healthy?

There are a recorded 795 asthma sufferers and 263 people living with diabetes. In addition, 296 people have a heart/vascular condition and 453 people live with three or more chronic diseases.

A good place to invest in property?

Launceston a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Tasmania State average 45 / 100

Income

71 / 100

41 / 100

Industry

44 / 100

40 / 100

Population

49 / 100

40 / 100

House Prices

69 / 100

65 / 100

Jobs

45 / 100

38 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    West Launceston Primary School
  • East Launceston Primary School

    East Launceston, TAS, 7250 State K-6

  • The Launceston Preparatory School

    Launceston, TAS, 7250 Independent Prep-6

  • Launceston Big Picture School

    Invermay, TAS, 7248 State 9-12

  • Glen Dhu Primary School

    South Launceston, TAS, 7249 State K-6

  • John Calvin School

    Launceston, TAS, 7250 Independent Prep-10

  • Launceston College

    Launceston, TAS, 7250 State 11-12

  • Sacred Heart Catholic School

    Launceston, TAS, 7250 Independent Prep-6

  • West Launceston Primary School

    West Launceston, TAS, 7250 State K-6

  • Tamar Valley Steiner School

    Launceston, TAS, 7250 Independent Prep-6

  • St Thomas More's Catholic School

    Newstead, TAS, 7250 Independent Prep-6


Property Story

Unit 2, 113 Margaret Street, Launceston, Tas, 7250 is a residential property . The estimated distance to the sea is 45.44km and 0.84KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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