Back 4/7 Bank St
Off Market

4/7 Bank St

Mowbray TAS 7248

3
2
3
161 m²
430 m²
Unit
Last sold for $515,000
Richard BaileyRichard Bailey, last sold this property on 29 May 2025 after 205 days on market.

Overview

Spacious Mowbray Living with Sunset Views and Family-Friendly Design

Discover a spacious, well-designed unit in Mowbray, perfect for families, professionals, or those looking to downsize without compromising on quality. This property presents an inviting space with modern features and a highly desirable location near Launceston's essential amenities. • Open-Plan Layout: The spacious living area features a striking stone wall and a heat pump, flowing effortlessly to a well-appointed kitchen with quality appliances and cabinetry. • Outdoor Living: Step onto the expansive west-facing deck with lovely views over the Tamar River, ideal for enjoying sunsets and relaxing after a busy day. • Three Bedrooms: All bedrooms feature built-in wardrobes, including a main bedroom with an ensuite for added privacy and comfort. • Modern Bathrooms: The main bathroom includes a separate shower and bathtub, perfect for families. • Double Garage and Laundry/Storage: Large double garage with internal access and a separate laundry/storage room, providing ample space for both vehicles and additional belongings. • Secure Outdoor Space: Fully fenced yard, offering a safe and secure area for pets and children to enjoy. • Prime Location: Within walking distance to Launceston Church Grammar School's Senior Campus, Mowbray Shopping Centre, and public transport options. Close to the Maritime College, Mowbray Primary School, Heritage Forest, and just over 5 minutes' drive to the Launceston CBD. With its thoughtful design and proximity to local conveniences, this Mowbray home offers an exceptional living experience for those seeking a sense of connection to the community. Council Rates approx. $1600 p.a. Water Rates approx. $1200 p.a.

Features

3 bedrooms
2 bathrooms
3 carspaces
1 open car space
2 garage spaces
161 m² floor area
430 m² lot size
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Mowbray over the last 12 months, the estimated median property value of 4/7 Bank St is $530k.

Median value
$530k
Estimated value range
$385k - $660k
Median days on market
23
Estimated value trend
33%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mowbray. 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 4/7 Bank St

2025
Rented
Undisclosed
Leased on 09 Jul 2025 by The Agency Northern Tasmania
2025
Sold
$515,000
29 May 2025 by Richard Bailey, of The Agency Northern Tasmania
2024
Rented
Undisclosed
Leased on 04 Nov 2024 by Harcourts Launceston

Happy sellers in Mowbray

99%
99% of sellers in Mowbray reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Mowbray over the last 12 months.

Local market activity for 3 bedroom units in Mowbray

In the last 12 months, 8 three-bedroom units similar to 4/7 Bank St, have been sold.

This represents a 33% decrease in three-bedroom units sales when compared to the previous 12 months.

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