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10 King Street, Launceston TAS 7250

$595,000 - $645,000

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$595k - $625k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 1 Car 263 m² 84 m²

Listed: 25th Jul 2026

Updated: 26th Jul 2026

Overview

Located in a desirable area of Launceston, this property at 10 King Street offers a compelling blend of historic charm and modern functionality, appealing particularly to investors and homeowners interested in a turn-key opportunity with strong income potential.

The home is currently a successful Airbnb property, illustrating a stable short-stay income stream with strong returns, and the option to purchase fully furnished provides flexibility for buyers seeking immediate occupancy or continuation of short-term rental operations.

Its light-filled, well-balanced interior spaces feature a flexible layout that fosters a welcoming and comfortable atmosphere, making it suitable for a variety of living arrangements. The property's character is evident throughout, enhancing its uniqueness and appeal.

Two comfortable bedrooms and a practical kitchen that supports daily living with ease
A bright living area perfect for relaxation or entertaining guests
An outdoor yard offering space to unwind and potential for further personalisation

The location just minutes from the Launceston CBD ensures convenient access to cafes, schools, shopping facilities, and public transport, supporting a lifestyle that balances urban convenience with a calm neighbourhood environment.

With its blend of proven income potential, comfortable living spaces, and a prime location, this property presents a rare chance for investors, short-stay operators, or owner-occupiers to secure a desirable asset in a stable market. The combination of character, location, and amenity offers a valuable lifestyle and investment proposition.

Local Market Insights

In Launceston, Quiet Listings observed 61 new houses entering the market over the last 30 days, up from 46 during the previous 30-day period, with an average advertised asking price of $776,230. The property type mix of listed properties is predominantly Houses at 57%, followed by land (21%), and units (15%). The most active agency for houses in the Launceston area is currently Harcourts, representing 20% of new listings, followed by Harrison Humphreys Real Estate with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.