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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


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

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

Showing 5 of 44 investment properties found in Mowbray on realestateinvestar.com.au

36 Vermont Rd, Mowbray

$545,000

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Popular Mowbray, so close to all facilities.

For investors seeking a property with genuine tenant appeal, this maintained home offers the right blend of practicality, comfort and everyday convenience. Currently rented at $450 per week, it provides immediate income while appealing to one of the most consistent segments of the rental market, ...

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House

TAS 7248


8A Cadorna St, Mowbray

$649,000

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Immaculate, Low-Maintenance Living

Presented with exceptional care and attention to detail, this solid brick home offers a move-in-ready opportunity for families or investors seeking a well-maintained property in a highly convenient setting. With a practical layout, quality features and beautifully kept grounds, it's a home that ...

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House

TAS 7248


14 Verdun St, MOWBRAY

$595,000

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Updated Home, Big Block Potential!

Freshly updated and ready to enjoy, this solid 1951 weatherboard home offers immediate comfort with the added advantage of future potential. Set on a generous, flat 766m² block, it's the kind of property that appeals equally to first home buyers, investors or those looking to explore subdivision ...

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House

TAS 7248


1/12 Vermont Rd, MOWBRAY

$539,000

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Easy Investment - Strong Location

Positioned directly opposite Mowbray Shopping Centre, this neatly refurbished home offers outstanding convenience and a true set-and-forget investment opportunity. With tenants secured until 2027, it provides immediate income with no work required. Well laid out with a separate living space and ...

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House

TAS 7248


7 Button St, MOWBRAY

$0

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Multiple Opportunities

Located in Mowbray, we are pleased to offer this gracious former Church/ Hall currently housing the Tapestry Dance Studio. Sited on just over 1232m2 of land the building comprises 443m2 looking south across the city of Launceston with some of the best views available from this side of the street. ...

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House

TAS 7248


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