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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 $549,000 and this has changed -7.74% over the past year and changed 6.70% over 2 years.

The median rent in South Launceston for houses is $470 per week and the median rental yield is 4.45%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 115 days.The median listing price for units is $462,000 and this has changed 16.37% over the past year. The average unit takes 90 days to sell and the median rent for a unit in South Launceston is $385 per week, producing a rental yield of 4.33%.

Supply & Demand in South Launceston, Launceston

1.76%

Current vacancy rate


43

Rental stock available


4,592

Population


37.74%

Rental population


0.98%

Current vacancy rate


313

Rental stock available


65,275

Population


30.07%

Rental population


0.71%

Current vacancy rate


1,941

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 $549,000 NA $462,000
Median price change - last quarter 0.00% NA 15.64%
Median price change - 1 year -7.74% NA 16.37%
Median price change - 2 years 6.70% NA NA
  House Townhouses Units
Median weekly rent $470 $585 $385
Median yield % 4.45% NA 4.33%
Median rent change - 1 year 4.44% 9.34% 10.00%
  House Units
Previous month sales 0 0
Stock on market previous month 42 3
Stock variance vs. last year 0.00% 50.00%
Average days on market 115 90

South Launceston investment property listings

Showing 5 of 37 investment properties found in South Launceston on realestateinvestar.com.au

15 West St, South Launceston

$545,000

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Cute Character Cottage

This delightful circa 1920s two-bedroom cottage boasts an adorable front facade that exudes the charm of its era. Inside, you'll find many original features including polished floorboards, picture rails, and leadlight windows, creating a warm and inviting atmosphere. Featuring two spacious ...

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House

TAS 7249


3/8 Weedon Ave, South Launceston

$549,000

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A View to Be Seen

With expansive views across Kings Meadows, fresh green fields and then eventually to the mountains you will never have the same landscape twice from this beautifully presented townhouse only two years old. Very smartly designed it consists of two bedrooms, the master having its own ensuite, ...

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Unit

TAS 7249


14 Vernon St, South Launceston

$640,000

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Timeless Charm

Nestled atop a great street, this charming residence offers an idyllic blend of modern comfort and classic elegance. From its prime vantage point, the property boasts breathtaking views of the city skyline, visible throughout the day from the inviting front verandah. Step inside to discover a ...

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House

TAS 7249


3/2 Bailey St, South Launceston

$835,000

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Townhouse living with city views!

An exceptional find in South Launceston, this two-story executive townhouse effortlessly combines modern comfort with convenience. Its prime location within walking distance of the Launceston General Hospital and just a quick drive from the bustling Kings Meadows shopping precinct makes it an ...

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Unit

TAS 7249


8 Collins St, South Launceston

$515,000

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Cute as a Button

This charming 3-bedroom, 1-bathroom house is the perfect place to call home. Situated on a 367 sqm inner suburban block, this property offers luxuriously renovated space for comfortable living both inside and out. Walking distance to the Launceston city, hospital, schools and cafes, this property ...

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House

TAS 7249


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