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Investment Property Launceston, TAS, 7250

Suburb Snapshot

Launceston is a suburb in the Launceston Region of Tasmania. Launceston has a population of 2,944 people and 36.57% of its occupants live in rental accommodation. The median listing price for houses is $699,000 and this has changed -1.90% over the past year and changed -0.08% over 2 years.

The median rent in Launceston for houses is $480 per week and the median rental yield is 3.57%. Stock on the market for houses/townhouses has changed -3.57% compared to last year and the average time to sell a house/townhouse is 120 days.The median listing price for units is $515,000 and this has changed 3.62% over the past year. The average unit takes 202 days to sell and the median rent for a unit in Launceston is $415 per week, producing a rental yield of 4.19%.

Supply & Demand in Launceston, Launceston

1.95%

Current vacancy rate


37

Rental stock available


2,944

Population


36.57%

Rental population


0.70%

Current vacancy rate


226

Rental stock available


65,275

Population


30.07%

Rental population


0.49%

Current vacancy rate


1,351

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Launceston, Launceston

  House Townhouses Units
Median listing price $699,000 $662,500 $515,000
Median price change - last quarter 1.93% NA 11.34%
Median price change - 1 year -1.90% NA 3.62%
Median price change - 2 years -0.08% 10.60% -4.63%
  House Townhouses Units
Median weekly rent $480 $460 $415
Median yield % 3.57% 3.61% 4.19%
Median rent change - 1 year 0.00% 2.22% 3.75%
  House Units
Previous month sales 3 2
Stock on market previous month 27 23
Stock variance vs. last year -3.57% 27.78%
Average days on market 120 202

Launceston investment property listings

Showing 5 of 65 investment properties found in Launceston on realestateinvestar.com.au

13 Seaport Blvd, LAUNCESTON

$1,100,000

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Ground floor, easy accessibility, waterfront living in a secure

Positioned within the vibrant Seaport precinct, this ground-floor residence offers an exceptional blend of lifestyle, space, and convenience in a secure gated community. Set behind private gates, the home delivers generous proportions while placing the very best of waterfront dining, cafés and ...

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TAS 7250


10 King St, LAUNCESTON

$645,000

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Character Home in Perfect Location

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 ...

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TAS 7250


1/99-101 Elizabeth St, LAUNCESTON

$795,000

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Inner-City Character with Spectacular Rooftop Living

Positioned in one of the city's most central and connected locations, this unique 1958 townhouse blends timeless character with modern industrial-inspired style to create a home full of warmth, personality, and practicality. Offering three bedrooms, one bathroom, secure garaging, and multiple ...

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TAS 7250


167 George St, LAUNCESTON

$1,100,000

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Fabulous inner-city flexibility

A family Victorian offering inviting dimensions and the desirable flexibility of a self-contained space on an inner-city block of exceptional depth this is an immediately attractive address. The period appeal of the street presence sets the tone for character-filled front rooms, each featuring ...

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TAS 7250


26 Bourke St, LAUNCESTON

$1,300,000

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Tai tapu', irreplaceable inner city scale & timeless character

Set quietly behind established gardens and just moments from Launceston's CBD, this exceptional circa 1900 residence offers a rare combination of scale, land, and architectural integrity that is increasingly difficult to find in an inner city setting. Positioned on an expansive 1,105 m² allotment, ...

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TAS 7250


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