Launceston

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Hatherley House, one of Launceston's oldest properties, has been listed for sale following a conversion by its architect owners.
The 1870s Italianate home was bought for $1.91 million in 2011 by architect couple Jack and Rebecca Birrell from Birrelli art + design who converted the manor into a boutique art hotel.
It's been trading as Hatherley Birrell Collection, which has eight bedrooms.
It sits in 1,730 square metre gardens.
A mythical griffin's head dates from the family crest of the 1870s owner, Henry Dowling, and can be seen at the entry gate and also in a stained glass window in the grand hall.
Tasmania Sotheby's agents Gayle Walker and Jake McIntyre have the listing.
This article was first published in the Weekend Australian.  
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Hatherley House, one of Launceston's oldest properties, listed

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Launceston is continuing to record positive price movement, albeit at a more subdued rate than 2018, according to a recent Herron Todd White (HTW) residential report. 
"We would suggest it is unlikely double-digit growth will be recorded this year, however it may not be far under," the valuation firm said. 
A townhouse situated in the heart of Launceston City recently sold for $700,000 (pictured above).
As an exceptional example of early Launceston architecture, the circa 1840s townhouse at <a href="https://www.realestate.com.au/sold/property-townhouse-tas-launceston-130604134" target="_blank">110 Cameron Street </a>comes with two living rooms, four bedrooms upstairs and north facing paved courtyard.
It was last sold at $455,000 in 2005.
"Interestingly, the activities of a Queensland based buying advocate firm acquiring residential property on behalf of SMSFs have resulted in a number of rentals being available," the report said.
"The vacancy rate has lifted a few points as a result and we are seeing a stabilisation of rental growth." 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/7/10/launceston%202.jpg" alt="">
A fully furnished and fully renovated two bedroom unit in Launceston is currently on the rental market with a price of $450 per week (pictured above). 
The unit at<a href="https://www.realestate.com.au/property-unit-tas-launceston-426784470" target="_blank"> 4/43-47 Elizabeth Street </a>comes with large open plan living, two bedrooms, modern kitchen and secure parking space. 
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Launceston sees positive price movement: HTW residential 

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Glenfruin, an iconic Italianate style residence located within Launceston's city centre, has been sold for $3.25 million to buyers who've relocated to the Apple Isle from Sydney.
It was offered by Mathew Chugg and Rodney Rawlings from Knight Frank Tasmania.
Built in the 1880s on 1,482 sqm and set over three levels, Glenfruin at <a href="https://www.realestate.com.au/property-house-tas-launceston-129370374" target="_blank">1 Brisbane Street </a>combines elegant original features with the demands of contemporary living. 
Glenfruin has a floorplan of 458 sqm.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/16/launceston%202.jpg" alt="">
It comes with four queen-sized bedrooms, gourmet kitchen with red marble bench living and dining rooms with expansive views, north-facing balcony, cellar and storage.
Other features include terraced garden, hydronic heating, double glazing, reverse cycle air conditioning, and double carport plus six extra car parking.
The suburb's median house price sits at <a href="/developments/launceston-tas-7250">$485,000</a>, according to CoreLogic. 
 <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/16/launceston%203.jpg" alt="">
Glenfruin was listed with offers due October 19.  
The sale of 1 Brisbane Street is the highest priced residential sale of the town, just surpassing a Claremont Street home sold for $3.05 million seven years ago.
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Sydney buyers secure historic Launceston trophy home for $3.25 million

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Glenfruin, an iconic Italianate style residence located within Launceston's city centre, has been relisted for sale.
It last sold for $3.25 million to buyers who relocated to the Apple Isle from Sydney.
Built on 1,482 sqm and set over three levels, Glenfruin at <a href="https://www.realestate.com.au/property-house-tas-launceston-129370374" target="_blank">1 Brisbane Street </a>combines elegant original features with the demands of contemporary living. 
Glenfruin has a floorplan of 458 sqm.
Glenfruin was designed by Launceston architect, Thomas Tandy, in the early 1900s for Launceston draper and clothier George Colville McKinlay.
It is mentioned in Eric Ratcliff's book A Far Microcosm: Building and Architecture in Van Diemen's Land and Tasmania.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/16/launceston%202.jpg" alt="">
It comes with four queen-sized bedrooms, gourmet kitchen with red marble bench living and dining rooms with expansive views, north-facing balcony, cellar and storage.
Other features include terraced garden, hydronic heating, double glazing, reverse cycle air conditioning, and double carport plus six extra car parking.
The last sale of 1 Brisbane Street is the highest priced residential sale of the town, just surpassing a Claremont Street home sold for $3.05 million nine years ago.
It was last sold by Knight Frank.
Its current vendor Bronwyn Shakespeare, who she had decided to sell the property so she could travel more to see her four adult children who live in different places around the world, has engaged estate agent Rodney Rawlings to sell it again.
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Historic Launceston trophy home Glenfruin listed

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Glenfruin, an iconic Italianate style residence located within Launceston's city centre remains listed on the market after failing to sale via an expressions of interest campaign.
It is being offered by Mathew Chugg and Rodney Rawlings from Knight Frank Tasmania.
Built in the 1880s on 1,482sqm and set over three levels, Glenfruin at<a href="https://www.realestate.com.au/property-house-tas-launceston-129370374" target="_blank"> 1 Brisbane Street </a>combines elegant original features with the demands of contemporary living. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/16/launceston%202.jpg" alt="">
It comes with four queen-sized bedrooms, gourmet kitchen with red marble bench living and dining rooms with expansive views, north-facing balcony, cellar and storage.
Other features include terraced garden, hydronic heating, double glazing, reverse cycle air conditioning, and double carport plus six extra car parking.
The suburb's median house price sits at <a href="/developments/launceston-tas-7250">$485,000</a>, according to CoreLogic. 
 <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/16/launceston%203.jpg" alt="">
The expression of interest for Glenfruin ended October 19 but it remains on market..  
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Three level Launceston trophy home remains on the market

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An iconic 1840s heritage building in Launceston is on the market with a price guidance of $2.85 million to $2.95 million.
<a href="https://www.realestate.com.au/property-unitblock-tas-launceston-128779082" target="_blank">Kinross House</a> at 91-95 George Street is a mixed commercial and residential building in the city’s café enclave.
It currently has nine apartments and four retail tenancies with a net rental of approximately $169,438.
The marketing suggests the building has “a unique fusion of architectural styles acquired over the years”.
It also suggests that it would be a target for investors looking for Airbnb rentals or a boutique hotel conversion.
The building is listed through Shepherd &amp; Heap agents Blake Shepherd and Ian Singline.
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Launceston's Kinross House hits the market with boutique hotel conversion potential 

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South Launceston experienced the biggest stock decrease in Tasmania over the past year according to Investar.
Investar suggests stock for sale has decreased by 66 percent, from 59 houses this time last year to its current 20 offerings. 
One three bedroom house currently on the market is an Eastbourne Street offering which is priced at $339,000.
The <a href="https://www.realestate.com.au/property-house-tas-south+launceston-122514694" target="_blank">2A Eastbourne Street</a> house came with three bedrooms and a living room with full-length sliding glass doors.
 It is within close proximity of local shops and conveniences, and a short drive from the LGH and CBD.
Another offering is a two bedroom house at<a href="https://www.realestate.com.au/property/263-wellington-st-south-launceston-tas-7249" target="_blank"> 263 Wellington St</a>, priced at $260,000 to $280,000 (pictured below).
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/2/20/launceston.jpg" alt="">
This cottage came with double car garage. 
LGH, Dr Surgeries, Charles St restaurant strip and the CBD are within short walking distance. 
Another three bedroom house has been recently sold for $385,000. It was sold by David Parry and David Burgess from Parry Property. 
<a href="https://www.realestate.com.au/sold/property-house-tas-south+launceston-127178918" target="_blank">The 2/3-7 Chungon Crescent </a>house came with three bedrooms, two bathrooms and undercover carport. It is also within minutes walk of the LGH, Charles Street cafe precinct and the CBD.
Investar puts it the suburb median rental at $300. 
The median house price sits on $279,500, according to CoreLogic. 
 
 
 
 
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South Launceston faces big stock decrease in homes for sale

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Launceston has an oversupply of industrial properties relative to demand, according to a recent Herron Todd White (HTW) report.
The property valuation firm says that Launceston has a steady rental vacancy trend along with a stable rental rate trend.
<a href="https://www.propertyobserver.com.au/images/2017/02/13/Screen%20Shot%202017-02-13%20at%2010.44.01%20am.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/13/Screen%20Shot%202017-02-13%20at%2010.44.01%20am.jpg" alt="">
However Launceston’s industrial sales is declining despite the market rising, the firm says.
Launceston’s economic situation is flat with significant value difference between quality properties with national tenants and comparable properties with local tenants.
A 855 square metre industrial warehouse at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-tas-launceston-502323710" target="_blank">6/16 - 18 Goodman Court</a>, Launceston (above) has been listed for sale.
Similarly a 1733 square metre industrial warehouse at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-tas-launceston-502301290" target="_blank">2/7 - 9 Wilmot Street</a>, Launceston (below) has been listed for $850,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/21/27-9%20Wilmot%20Street.jpg" alt="">
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Oversupply of industrial properties in Launceston: HTW

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Launceston’s established residential suburb of Newstead is worth keeping an eye on this year, according to HTW’s February 2017 update.
It is located approximately three and a half kilometres from Launceston’s centre and the valuation firm says it is popular with families due to its proximity to the city and its facilities.
The median sale price based on recent sales in this suburb was $325,000.
“For a touch above the median price at $340,000, you could expect to purchase an older style, 140 square metre house on just under 600 square metres of land,” the report says.
The Devonport region is the largest population centre in Tasmania’s north-west and is located approximately 100 kilometres north-west of Launceston.
“The median price of recent sales was $227,000, for which you could expect to buy an older style, 150 square metre house in Devonport on a block just under 800 square metres,” says HTW.
A two bedroom house at <a href="https://www.realestate.com.au/property-house-tas-newstead-124669878" target="_blank">20 Olive Street</a>, Newstead (above) has been listed for between $299,000 to $329,000.
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-tas-newstead-124658554" target="_blank">3 Wentworth Street</a>, Newstead (below) has been listed for over $349,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/21/3%20Wentworth%20Street.jpg" alt="">
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Newstead property a top tip for 2017 in northern Tasmania: HTW

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Claremont, built circa 1843, is one of the prized Tasmanian residential jewels.
Located at <a href="https://www.realestate.com.au/property-house-tas-east+launceston-122035162" target="_blank">13 Claremont Street, Launceston</a>, it is hidden away amongst the seclusion of the 100 year old trees.
The home, set on one and half acres of gardens, has 100 squares of living space that has retained its distinctive mid-nineteenth century features.
<a href="https://www.domain.com.au/13-claremont-street-east-launceston-tas-7250-2009462054" target="_blank">Since it last sold for $1,550,000 in early 2012 empty</a>, (below) Claremont has been given roof, plumbing and wiring upgrades.
<img src="/images/2016/03/23/l1.jpg" alt="" width="561" height="362">
The residence comprises seven bedrooms, three bathrooms, and three powder rooms.
<img src="/images/2016/03/23/l2.jpg" alt="" width="576" height="350">
The whole upper level is a dedicated, private parent’s retreat with sunroom and views across the grounds. 
<img src="/images/2016/03/23/l3.jpg" alt="" width="616" height="380">
Mark Bushby and Eric Andersen of Bushby Property Group have the offering.
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