Home/Properties/Launceston/1/12 Racecourse Crescent
1/12 Racecourse Crescent, Launceston$415,000
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1/12 Racecourse Crescent

Launceston, TAS 7250, Australia
$415,000
2 bed 1 bath 1 car171 m²

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About this property

Positioned in one of Launceston's most convenient locations, this well-maintained unit offers an outstanding opportunity for first-home buyers, downsizers, or investors alike. One of the two units on the title with no active body corporate, this private and low-maintenance property is ideally located directly across from the Racecourse Shopping Hub and within easy walking distance of the Launceston CBD. Families will also appreciate the close proximity to schools, parks, and everyday amenities. Inside, the home features two generous bedrooms, both with built-in robes, a well-appointed bathroom complete with bath, and a separate toilet for added convenience. The light-filled open-plan living and dining area creates a welcoming space to relax and entertain, while the functional kitchen offers ample storage and bench space. A separate laundry adds further practicality. Outside, you'll find a covered carport, a private and easy-care outdoor area, and a handy garden shed, making this an ideal lock-and-leave lifestyle option. Offering comfort, convenience, and excellent investment potential, this is a fantastic opportunity to secure a quality property in a highly sought-after location. Rental appraisal (June 2026): $430 - $460 per week

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
171 m²
Listed
1 month ago

Repayment calculator

$2,012/month
$1,006 /fortnight
Loan $332,000 at 6.10% over 30 years

Upfront costs

Deposit$83,000
Stamp duty$14,635
Conveyancing (est.)$2,000
Total upfront$99,635
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Launceston

This 2-bedroom apartment in Launceston, TAS 7250 sits within reach of public transport, local shops and nearby schools. It is listed 43% below the $725,000 median of 57 comparable apartmentswithin 5 km.

Schools near Launceston

  • John Calvin Schoolcombined · Prep-10 · CoEd
  • Sacred Heart Catholic Schoolprimary · Prep-6 · CoEd
  • Scotch Oakburn College - Elphin Campusprimary
  • Tamar Valley Steiner Schoolprimary · Prep-6 · CoEd
  • The Launceston Preparatory Schoolprimary · Prep-6 · CoEd
  • Indie School - Devonport (Launceston Campus)secondary

What's nearby

  • Racecourse Cr In (bus)56 m away
  • 9/11 bottleshop101 m away
  • Launceston City Park448 m away
  • Windmill Hill593 m away
  • Unnamed648 m away

Launceston at a glance

Full suburb profile
Population
3,110
Median age
41
Household income
$1,439/wk
Median rent
$310/wk
Median mortgage
$1,530/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Launceston price trend

Median sold · Unit 2 bed

$513kcurrent median

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Price history

Listing price changes & sale

2 price changes recorded for this property

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