Back 53 Upton Street
Off Market

53 Upton Street

Launceston TAS 7250

4
2
1
179 m²
433 m²
House
Peter DehnertPeter Dehnert, last sold this property on 02 September 2026 after 16 days on market.

Overview

Circa 1885 character home with potential

Steeped in history and rich in character, this charming circa 1885 residence presents an outstanding opportunity for investors, renovators, first home buyers or those seeking a property with flexible living options in a highly convenient West Launceston location. Currently configured as two separate flats, the home offers a versatile layout with four bedrooms, two kitchens and two bathrooms, providing scope for extended family living, dual occupancy, additional income potential or a future restoration into a substantial family residence. The original staircase joining upper and lower levels is still in place. At street level, the upper residence comprises two bedrooms, a comfortable sitting room, kitchen and bathroom. Downstairs, a second self-contained living space offers a further two bedrooms, kitchen and bathroom, creating a range of possibilities for owner-occupiers and investors alike. Positioned on a 430 sqm block behind an attractive period façade, the home retains the charm and character synonymous with its era while offering exciting potential for further improvement. A rear double garage provides valuable secure storage and off-street parking in a single car garage with adjacent workshop. There is work to be done, but for buyers with vision, the rewards could be substantial. Located in ever-popular West Launceston, you'll enjoy easy access to the CBD, Launceston General Hospital, quality schools, local parks, walking tracks and a selection of popular cafés. Combining convenience, character and opportunity, this is an affordable entry into one of Launceston's most sought-after city-fringe suburbs. Features: Circa 1885 character residence Currently divided into two self-contained flats Four bedrooms, two kitchens and two bathrooms Flexible dual living or investment potential Double garage with secure storage Attractive period façade and classic character features Convenient city-fringe location Scope to renovate, improve and add value Close to schools, hospitals, parks and cafés A rare opportunity to secure a character property with flexibility, potential and a premium West Launceston address.

Features

4 bedrooms
2 bathrooms
1 carspace
179 m² floor area
433 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Launceston over the last 12 months, the estimated median property value of 53 Upton Street is $995k.

Median value
$995k
Estimated value range
$600k - $2.92m
Median days on market
48
Estimated value trend
42%
increase 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 53 Upton Street

2026
Sold
Undisclosed
Private Sale/Treaty on 02 Sep 2026 by Peter Dehnert, of Elders Launceston

Happy sellers in Launceston

89%
89% 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 16 reviews in Launceston over the last 12 months.

Local market activity for 4 bedroom houses in Launceston

In the last 12 months, 15 four-bedroom houses similar to 53 Upton Street, have been sold.

This represents a 12% increase in four-bedroom houses sales when compared to the previous 12 months.

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