Back 155B Wellington St
Off Market

155B Wellington St

Launceston TAS 7250

2
2
Apartment
Last sold for $321,500
Wayne RiethoffWayne Riethoff, last sold this property on 22 April 2019 after 89 days on market.

Overview

Centrally Located = Great Investment

Located in Dunorlan Terrace on Wellington Street lies units 155-a and 155-b. 155A - Is located on the ground level and 155/B is located on the upper level. The units are to be be sold together in one transaction. They are currently tenanted and returning $435 per week. Unit-A consists of 1 bedroom,galley kitchen,lounge/dining area,bathroom separate w/c and a laundry area.There is a courtyard at the rear of the property and a designated parking area out the rear of the complex. Unit-B has a main bedroom as well as a loft area that could be used for an extra bedroom or study,galley kitchen,dining/lounge and bathroom and a parking area at the rear of the complex. There is a communal laundry that is available to utilize and that is at no cost for the tenants. The units are in very good condition for there age and they are sort after by tenants looking to rent near the city and local hospital. If you are looking for blue chip investment properties please contact Wayne on 0418504742 for further information on these RED-HOT properties. Floor Space - 136m2 Total Land Size- 162m2 Year Built: 1900 Local Council: Launceston We have in preparing this document used our best endeavours to ensure the information is true & accurate. Prospective purchaser are advised to carry out their own investigations.

Features

2 bedrooms
2 bathrooms
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Launceston over the last 12 months, the estimated median property value of 155B Wellington St is $576.5k.

Median value
$576.5k
Estimated value range
$415k - $670k
Median days on market
27
Estimated value trend
-5%
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 155B Wellington St

2025
Rented
Undisclosed
Leased on 18 Feb 2025 by View Real Estate Launceston
2022
Rented
Undisclosed
Leased on 06 Jul 2022 by View Real Estate Launceston
2019
Sold
$321,500
22 Apr 2019 by Wayne Riethoff, of Parry Property

Happy sellers in Launceston

90%
90% 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 18 reviews in Launceston over the last 12 months.

Local market activity for 2 bedroom apartments in Launceston

In the last 12 months, 7 two-bedroom apartments similar to 155B Wellington St, have been sold.

This represents a 133% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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