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123 Margaret Street, Launceston Tas 7250

123 Margaret Street, Launceston Tas 7250

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For sale

$1,195,000 - $1,250,000

123 Margaret Street, Launceston, Tas 7250

3

2

2

218m²

0m²

other - unit

Map of 123 Margaret Street, Launceston Tas 7250, Launceston, Tasmania

Property Description

Listed on 17 Aug 2025

123 Margaret Street sits on the fringe of the city. Spanning two levels, this modern townhouse blends indoor and outdoor living with dining spaces that take in rooftop views. The light-filled interior exudes a quiet luxury, from the thoughtfully chosen fixtures and soft furnishings to the high-end appliances and the beautiful hardwood timber floors. Enjoy your choice of two balconies – one at the front off the living room, perfect for afternoon drink in the sun, and one at the rear from the dining area, ideal for morning coffee. Your primary bedroom enjoys a large walk-in robe and ensuite, while bedrooms two and three open directly onto a private rear courtyard. The modern townhouse places Launceston’s best dining and coffee scene within easy walking distance – no Uber required, and Brickfields Park provides a leafy green pause on your stroll to work or enroute for a lazy Sunday brunch. This locale also provides easy access for the Launceston General Hospital and also only a short commute to the Launceston airport. • 3 large bedrooms, primary with ensuite + walk in wardrobe. • Beautiful family bathroom with freestanding bath & custom vanity. • Heated towel rails feature in both bathrooms. • Powder room upstairs for guests convenience. • Gorgeous well-appointed kitchen with integrated dishwasher & large island bench. • Distinct dining & living rooms each with their own deck access. • Convenient ducted heating & cooling system. • Automatic double garage for easy & secure access. • Low maintenance front yard + private rear courtyard. • Central location perfect for easy, lock & leave city living. Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.

Estimated value

Based on comparable sales, past sales and available property data

Property valuation, estimate, range and confidence score

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Rental income estimate and range

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Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Rental
Oct 2025

$950 WEEKLY

Listed for sale
Aug 2025

$1,195,000 - $1,250,000

Rental
Mar 2023

$700

Sold
Jun 2021

$963,343

Median unit price trends

Comparing the price trend of units in Launceston against the state of Tasmania over the last 4 years. Source: CoreLogic

Comparable properties

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

26 Days

House median days on market

27 Days

Unit median days on market

103 Properties

Sold in last 12 months

26 Properties

Available in the last month

Launceston residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

60+

Is the most common age range

Renters

Most common occupant type

Other

Most common household profile

Professionals

Most common occupation

Detached Houses

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Launceston College

Yr 7 - Yr 12

Government

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Launceston

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Launceston

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Tasmania

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Median House: $969,002

Median Unit: $544,374

Median House: $795,788

Median Unit: $516,215

Median House: $668,207

Median Unit: $477,791

Median House: $735,705

Median Unit: $524,616

Frequently asked questions

The property at 123 Margaret Street includes 3 bedrooms, 2 bathrooms and parking for 2 cars.

The land size for 123 Margaret Street in Launceston is approximately 218 square metres. This figure is useful for understanding the outdoor space, development potential and overall scale of the property.

123 Margaret Street in Launceston, Tasmania includes a range of local schools, shops, public transport options and community facilities that support day to day living.

As of 10/1/2025, the property at 123 Margaret Street is currently rented out.

Contact the agent

Howell Property Group

Brooklyn Knight

Howell Property Group

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