Back 8/47 Elphin Road
Off Market

8/47 Elphin Road

Launceston TAS 7250

1
1
1
81 m²
Unit
Last sold for $390,000
Anita GilesAnita Giles, last sold this property on 21 November 2025 after 79 days on market.

Overview

Art Deco Charm, City Fringe Apartment

Channelling classic Art Deco style, this charming 1-bedroom, first-floor apartment presents an exciting opportunity to secure a home or investment property within one of Launceston's most iconic buildings. The clever floor plan maximises space, with a galley-style kitchen overlooking a light-filled living area. A reverse-cycle heat pump ensures year-round comfort, while the main bedroom features built-in robes and opens to a delightful Juliet balcony. The generously sized bathroom is a rare highlight for apartment living, complete with a separate shower and a stand-alone bath. Perfectly positioned, the property will appeal to both owner-occupiers seeking an easy city fringe lifestyle and investors drawn to its rental appeal. Just a short stroll from City Park, restaurants, cafés, the Aquatic Centre, tennis centre, private hospitals, and leading junior schools, the location delivers exceptional convenience and lifestyle. Additional features include secure front and rear entry, as well as a designated undercover car space. Currently leased at $350 per week until February 2026 Council rates: approx. $370 per quarter Body corporate: approx. $692 per quarter Don't miss the chance to secure this appealing apartment in a truly iconic setting.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
81 m² floor area
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Launceston over the last 12 months, the estimated median property value of 8/47 Elphin Road is $342.5k.

Median value
$342.5k
Estimated value range
$250k - $400k
Median days on market
88
Estimated value trend
-21%
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 8/47 Elphin Road

2025
Sold
$390,000
21 Nov 2025 by Anita Giles, of Harrison Agents 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 19 reviews in Launceston over the last 12 months.

Local market activity for 1 bedroom units in Launceston

In the last 12 months, 3 one-bedroom units similar to 8/47 Elphin Road, have been sold.

This represents a 20% increase in one-bedroom units sales when compared to the previous 12 months.

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