RateMyAgentGo to search
Back 122 Margaret Street
Off Market

122 Margaret Street

Launceston TAS 7250

3
1
2
97 m²
342 m²
House
Last sold for $870,000
Thomas BairdThomas Baird, last sold this property on 11 September 2025 after 2 days on market.

Overview

Historic Cottage Reimagined for Inner City Living

Positioned only metres from Brickfields Reserve, this fully renovated period cottage offers a boutique city lifestyle in one of Launceston's most vibrant inner-urban settings. A traditional weatherboard façade, framed by established plantings and a private front verandah, conceals interiors where every detail has been thoughtfully renewed. Three bedrooms each display character features and built-in storage, complemented by a beautifully appointed central bathroom with twin basins, freestanding bath, and a separate laundry. The living and dining domain is anchored by a contemporary fireplace and polished finishes, opening directly to the landscaped courtyard garden. Here, Mediterranean-inspired plantings and a gravel terrace create a private retreat designed for entertaining or quiet enjoyment. The kitchen, comprehensively renovated by the current owners, features new joinery, stone benchtops, and quality appliances. A striking green tiled splashback draws the leafy tones of the courtyard indoors, connecting the interiors with the terraced garden beyond. A generous walk-in pantry enhances both storage and function. Further highlights include secure off-street parking, considered landscaping, and a seamless flow between indoor and outdoor zones. Every element has been curated to combine heritage character with contemporary comfort. Set within steps of Cuccina Café, Brickfields Reserve, and the city centre, this is a rare opportunity to secure a fully renewed character cottage in an exceptional inner-city location.

Features

3 bedrooms
1 bathroom
2 carspaces
97 m² floor area
342 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Launceston over the last 12 months, the estimated median property value of 122 Margaret Street is $747.5k.

Median value
$747.5k
Estimated value range
$385k - $1.41m
Median days on market
26
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Launceston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 122 Margaret Street

2025
Sold
$870,000
Private Sale/Treaty on 11 Sep 2025 by Thomas Baird, of Thomas and Associates Tasmania
2022
Sold
$869,000
Private Sale/Treaty on 15 Mar 2022 by Doug Marshall, of Elders Launceston
2019
Sold
$320,000
Private Sale/Treaty on 15 Nov 2019 by Scott Morrison, of Harcourts Launceston

Happy sellers in Launceston

88%
88% of sellers in Launceston reported that their sale price either exceeded or met their price expectations.

Launceston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Launceston over the last 12 months.

Local market activity for 3 bedroom houses in Launceston

In the last 12 months, 27 three-bedroom houses similar to 122 Margaret Street, have been sold.

This represents a 8% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Launceston

placeholder
Jeremy Wilkinson

Sellers who recommend Jeremy Wilkinson have praised them for being clear communication, local expert, responsive, honest, supportive, reliable and friendly

  •   4.9   (885 reviews)
  •  6 Reviews in Launceston
  •  8 Sales in Launceston
View profile
placeholder
George Bushby

George Bushby is an award winning recommended agent for Launceston.  They have 16 local sales and collected 4 local reviews across the last 12 months.

  •   4.8   (54 reviews)
  •  4 Reviews in Launceston
  •  16 Sales in Launceston
View profile
placeholder
David Hernyk

Sellers who recommend David Hernyk have praised them for being clear communication, local expert, responsive, friendly, honest, easy to work with and supportive

  •   4.9   (417 reviews)
  •  4 Reviews in Launceston
  •  6 Sales in Launceston
View profile
placeholder
Jessica Hogarth

Jessica Hogarth is a recommended agent for Launceston.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (138 reviews)
  •  2 Reviews in Launceston
  •  3 Sales in Launceston
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap