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Investment Property South Launceston, TAS, 7249

Suburb Snapshot

South Launceston is a suburb in the Launceston Region of Tasmania. South Launceston has a population of 4,592 people and 37.74% of its occupants live in rental accommodation. The median listing price for houses is $562,500 and this has changed 2.45% over the past year and changed -5.47% over 2 years.

The median rent in South Launceston for houses is $480 per week and the median rental yield is 4.43%. Stock on the market for houses/townhouses has changed -47.73% compared to last year and the average time to sell a house/townhouse is 125 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 72 days to sell and the median rent for a unit in South Launceston is $355 per week, producing a rental yield of NA.

Supply & Demand in South Launceston, Launceston

1.34%

Current vacancy rate


33

Rental stock available


4,592

Population


37.74%

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 South Launceston, Launceston

  House Townhouses Units
Median listing price $562,500 NA NA
Median price change - last quarter 1.00% NA -5.90%
Median price change - 1 year 2.45% NA NA
Median price change - 2 years -5.47% NA NA
  House Townhouses Units
Median weekly rent $480 $535 $355
Median yield % 4.43% NA NA
Median rent change - 1 year 2.12% -8.55% -4.06%
  House Units
Previous month sales 4 0
Stock on market previous month 23 3
Stock variance vs. last year -47.73% -25.00%
Average days on market 125 72

South Launceston investment property listings

Showing 3 of 3 investment properties found in South Launceston on realestateinvestar.com.au

318 Wellington St, South Launceston

$489,000

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Charming 2-Bedroom Character Home - Full of Personality & Comfor

Step into a home that radiates warmth and timeless charm. This delightful property features beautiful polished floorboards and high ceilings that create a bright, airy atmosphere throughout. The original verandah welcomes you with its classic appeal, while the bay window off the lounge is the ...

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House

TAS 7249


24 Kerran Cres, South Launceston

$695,000

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Timeless brick family home, seamless Indoor-outdoor living, thre

Step into a home where the hard work is already done and all that's left is to move in and start your next chapter. Set behind a timeless brick façade, this beautifully renovated three-bedroom home offers warmth, comfort and effortless family living. Thoughtfully designed, it seamlessly connects ...

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House

TAS 7249


1/22 Howick St, South Launceston

$0

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IDEAL INNER CITY PROPERTY

Positioned at the high end of a modern group of five, Unit 1, 22 Howick Street, Launceston enjoys an elevated setting with lovely southerly views across the city and surrounds. Built circa 2015, this contemporary townhouse combines space, style and a highly convenient inner-city location. The ...

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Townhouse

TAS 7249


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