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Back 7/135-143 Paterson Street
Off Market

7/135-143 Paterson Street

Launceston TAS 7250

2
1
1
139 m²
Unit
Last sold for $636,500
Ananda CairnsAnanda Cairns, last sold this property on 23 April 2026 after 864 days on market.

Overview

A must see in the centre of Launceston

Introducing an exceptional investment opportunity at 7/135-143 Paterson Street, Launceston. This stylish two-bedroom, one-bathroom unit boasts an outstanding location in the heart of Launceston. Perfectly suited for investors looking to capitalise on a highly sought-after locale, this property is guaranteed to impress. Set within an appealing and uniquely positioned complex, the apartment offers a fabulous outlook with stunning views of the Tamar River to the north, and the bustling town centre to the south. With easy access to walks through the Cataract Gorge and riverside precincts, as well as an array of local restaurants, theatres, and museums, this unit offers a truly enviable lifestyle. The contemporary presentation is both stylish and secure, with an abundance of natural light filling the spacious open-plan living area. Featuring a modern kitchen, large bedrooms with built-in robes, and a two-way bathroom with an additional powder room, this unit has been designed with both comfort and practicality in mind. Adding to the appeal is the outdoor patio, perfect for enjoying the captivating views, as well as off-street parking and a separate storeroom and garage for added convenience. This property is a must-see for savvy investors. Don't miss this opportunity to secure a stylish and modern unit in the heart of Launceston. Council rates: $510 p/q approx. Water rates: $275 p/q approx. Building size: 108m2 approx. Land size: 139m2 approx. Rental estimate: $520-$580 per week approx. Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
139 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Launceston over the last 12 months, the estimated median property value of 7/135-143 Paterson Street is $411k.

Median value
$411k
Estimated value range
$400k - $656k
Median days on market
27
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 7/135-143 Paterson Street

2026
Sold
$636,500
23 Apr 2026 by Ananda Cairns, of Key2 Property
2023
Rented
Undisclosed
Leased on 07 Mar 2023 by Key2 Property

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 2 bedroom units in Launceston

In the last 12 months, 6 two-bedroom units similar to 7/135-143 Paterson Street, have been sold.

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

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