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10 King Street, Launceston$620,000
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For Salehouse

10 King Street

Launceston, TAS 7250, Australia
$595,000 – $645,000
2 bed 1 bath 1 car263 m²

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About this property

Positioned in a sought-after pocket of Launceston, this charming property at 10 King Street presents an outstanding opportunity for homeowners, investors, or those seeking a high-performing short-stay asset. Currently operating as a successful Airbnb, the property has a proven track record with strong returns (figures available upon request), making it an ideal turnkey investment. There is also the option to purchase the home fully furnished, allowing for a seamless continuation of its short-term accommodation use or an easy move-in experience. The home offers a blend of character and comfort, with well-proportioned, light-filled living spaces that create a warm and inviting atmosphere. The layout caters to a variety of living arrangements while maintaining its unique charm. Accommodation includes comfortable bedrooms, a practical and well-equipped kitchen, and a welcoming living area-perfect for relaxing or hosting guests. Outside, the yard provides space to unwind and enjoy, with potential for further enhancement. Conveniently located just minutes from the Launceston CBD, the property is within easy reach of cafes, schools, shops, and public transport, ensuring ongoing appeal for both residents and visitors alike. Key Features: • Proven successful Airbnb with strong returns • Figures available upon request • Option to purchase fully furnished • Prime location close to Launceston CBD • Light-filled interiors with flexible layout • Ideal for investors, owner-occupiers, or short-stay operators Whether you're looking to invest, occupy, or continue its success as a short-term rental, 10 King Street is a rare opportunity in a highly desirable location. Contact us today to arrange an inspection. Built: 1850 approx. Land size: 263m2 approx. House size: 84m2approx. Water Rates: $1,200.00pa approx. Council Rates: $2,200.00pa approx. School Catchments: East Launceston Primary School & Queechy High School Zoning: General Residential Sims for Property 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 accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
263 m²
Listed
3 months ago

Repayment calculator

$3,006/month
$1,503 /fortnight
Loan $496,000 at 6.10% over 30 years

Upfront costs

Deposit$124,000
Stamp duty$23,348
Conveyancing (est.)$2,000
Total upfront$149,348
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 house in Launceston, TAS 7250 sits within reach of public transport, local shops and nearby schools. It is listed 15% below the $729,000 median of 64 comparable houseswithin 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

  • York St/Welman St In (bus)1.0 km away
  • Paddy Pallin747 m away
  • Brickfields Reserve372 m away
  • Princes Square385 m away
  • Ockerby Gardens435 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 · House 2 bed

Compound growth -0.8% / yr over 4 yrs

$620kcurrent median

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Price history

Price history

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1 price change recorded for this property

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