Back 88 Margaret Street
Off Market

88 Margaret Street

Launceston TAS 7250

2
1
2
85 m²
238 m²
House
Last sold for $500,000
Kathy PadgettKathy Padgett, last sold this property on 21 September 2025 after 220 days on market.

Overview

A PIECE OF HISTORY

Discover the perfect blend of historic charm and modern convenience in this delightful 2-bedroom cottage located at 88 Margaret St, Launceston. Constructed in 1880, this property boasts a unique architectural style that reflects the rich history of the area while offering a comfortable living space for today's lifestyle Step inside to find a warm and inviting open plan living room, ideal for enjoying quiet evenings at home. The renovated kitchen is equipped with modern appliances and ample storage, making meal preparation a breeze. There are 2 spacious bedrooms, lovely updated bathroom and a delightful sunroom which flows out to the courtyard. Outside, the property features a spacious courtyard providing a tranquil retreat in the heart of the city. Whether you're enjoying a morning coffee or hosting a weekend barbecue, the outdoor space is perfect for relaxation and entertainment. There is off street parking for 2 vehicles accessed from the courtyard. The property lends itself to further development utilising the courtyard for an extension to the home and constructing a carport or garage. (STCA)) Located in a vibrant urban setting, 88 Margaret St offers easy access to local amenities, including shops, cafes, hospital and parks. Embrace the convenience of city living whilst enjoying the character and charm of this historic cottage. Don't miss this opportunity to own a piece of Launceston's history. Contact us today to arrange a viewing and experience the charm of this exceptional property for yourself! Currently tenanted until June 2026 for $440 per week. INSPECTION BY APPOINTMENT ONLY • Inner city living • Character cottage • 2 bedrooms • Private courtyard • Off street parking • Convenient to all amenities "Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Please note, photos are indicative of the property only."

Features

2 bedrooms
1 bathroom
2 carspaces
2 open car spaces
85 m² floor area
238 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Launceston over the last 12 months, the estimated median property value of 88 Margaret Street is $620k.

Median value
$620k
Estimated value range
$390k - $1.13m
Median days on market
65
Estimated value trend
24%
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 88 Margaret Street

2025
Sold
$500,000
Private Sale/Treaty on 21 Sep 2025 by Kathy Padgett, of Roberts Real Estate 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 2 bedroom houses in Launceston

In the last 12 months, 20 two-bedroom houses similar to 88 Margaret Street, have been sold.

This represents a 100% decrease in two-bedroom houses sales when compared to the previous 12 months.

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