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Investment Property Mowbray, TAS, 7248

Suburb Snapshot

Mowbray is a suburb in the Launceston Region of Tasmania. Mowbray has a population of 3,730 people and 42.43% of its occupants live in rental accommodation. The median listing price for houses is $429,000 and this has changed -2.28% over the past year and changed -2.95% over 2 years.

The median rent in Mowbray for houses is $450 per week and the median rental yield is 5.45%. Stock on the market for houses/townhouses has changed -10.53% compared to last year and the average time to sell a house/townhouse is 83 days.The median listing price for units is $382,000 and this has changed NA over the past year. The average unit takes 86 days to sell and the median rent for a unit in Mowbray is $380 per week, producing a rental yield of 5.17%.

Supply & Demand in Mowbray, Launceston

1.15%

Current vacancy rate


20

Rental stock available


3,730

Population


42.43%

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


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Statistical data for Mowbray, Launceston

  House Townhouses Units
Median listing price $429,000 NA $382,000
Median price change - last quarter 0.00% NA 0.00%
Median price change - 1 year -2.28% NA NA
Median price change - 2 years -2.95% NA 12.68%
  House Townhouses Units
Median weekly rent $450 NA $380
Median yield % 5.45% NA 5.17%
Median rent change - 1 year 4.65% NA 5.55%
  House Units
Previous month sales 6 2
Stock on market previous month 34 5
Stock variance vs. last year -10.53% 150.00%
Average days on market 83 86

Mowbray investment property listings

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