Tasmania Police were called to a residence in Argonaut Street, St Helens about 10.40pm last night, where they found an adult male with a stab wound to the abdomen.

Another male at the address, was arrested and has since been charged with wounding.

The 52-year-old, of St Helens, has been bailed to appear at court at a later date.

The victim is being treated at the Launceston General Hospital, and is expected to make a full recovery.