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Investment Property East Launceston, TAS, 7250

Suburb Snapshot

East Launceston is a suburb in the Launceston Region of Tasmania. East Launceston has a population of 2,141 people and 26.19% of its occupants live in rental accommodation. The median listing price for houses is $895,000 and this has changed 2.28% over the past year and changed 0.00% over 2 years.

The median rent in East Launceston for houses is $550 per week and the median rental yield is 3.19%. Stock on the market for houses/townhouses has changed -27.27% compared to last year and the average time to sell a house/townhouse is 147 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in East Launceston is $420 per week, producing a rental yield of NA.

Supply & Demand in East Launceston, Launceston

1.24%

Current vacancy rate


13

Rental stock available


2,141

Population


26.19%

Rental population


0.72%

Current vacancy rate


234

Rental stock available


65,275

Population


30.07%

Rental population


0.51%

Current vacancy rate


1,414

Rental stock available


509,956

Population


23.11%

Rental population


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Statistical data for East Launceston, Launceston

  House Townhouses Units
Median listing price $895,000 NA NA
Median price change - last quarter 0.00% NA NA
Median price change - 1 year 2.28% NA NA
Median price change - 2 years 0.00% NA NA
  House Townhouses Units
Median weekly rent $550 NA $420
Median yield % 3.19% NA NA
Median rent change - 1 year 5.76% NA 7.69%
  House Units
Previous month sales 6 1
Stock on market previous month 24 5
Stock variance vs. last year -27.27% 66.67%
Average days on market 147 NA

East Launceston investment property listings

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