Download your FREE reports now!

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 2 of 2 investment properties found in South Launceston on realestateinvestar.com.au

2 Cridge St, South Launceston

$595,000

property pic

Renovated Character Home With Dual Income Potential

Perfectly positioned in a sought-after pocket of South Launceston, this beautifully renovated home offers refined contemporary living within walking distance of schools, shops and local amenities. Combining timeless style with modern functionality, the impressive property delivers a seamless blend ...

Get more info on this property
rei

3

rei

2

rei

2

House

TAS 7249


6 Meredith Cres, South Launceston

$479,000

property pic

Cute, Private & Perfectly Positioned - Your First Home Awaits!

Tucked quietly away in sought-after South Launceston, this modern two-bedroom unit is the perfect stepping stone into the market - stylish, secure, and full of charm. Inside, you'll find a light-filled open-plan living and dining area, paired with a sleek, modern kitchen designed for easy everyday ...

Get more info on this property
rei

2

rei

1

rei

3

Unit

TAS 7249


Navigate to more Suburbs, Regions or States