Unit 1, 109 GEORGE STREET Launceston TAS 7250
This property is Off Market
- 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 44.43 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Launceston
With an average age of 41, households expect an average monthly mortgage payment of $2,010 or a weekly rent payment of $295. The average family earns a weekly income of $1,892 with a typical household size of 1.8 and a 96.41% 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
East Tamar
Penny Royal
Tamar River Cruises
General Points of Interest
Providence Wines
Leaning Church Wines
Hollybank Treetops Adventure
Lilydale Falls Reserve
Lilydale Swimming Pool
Lilydale Cenotaph
Abandoned Train Tunnel
Population
(Country of Birth not stated 3%)
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 CatchmentsEast Launceston Primary School
Property Story
Unit 1, 109 George Street, Launceston, Tas, 7250 is a residential property . The estimated distance to the sea is 44.43km and at least 1.15KM 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
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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