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Investment Property Launceston, TAS

Region Snapshot

Launceston is a region in Tasmania, Australia. Launceston has a population of 65,275 people and 30.07% of its occupants live in rental accommodation. The median listing price for houses is $550,000 and this has changed 0.00% over the past year and changed 0.18% over 2 years.

The median rent in for houses is $470 per week and the median rental yield is 4.44%. Stock on the market for houses/townhouses has changed -15.54% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $415,000 and this has changed 4.01% over the past year. The average unit takes NA days to sell and the median rent for a unit in Launceston is $395 per week, producing a rental yield of 4.94%.

Supply & Demand in Launceston

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 Launceston

  House Townhouses Units
Median listing price $550,000 $597,000 $415,000
Median price change - last quarter 0.00% 0.33% -0.83%
Median price change - 1 year 0.00% 3.10% 4.01%
Median price change - 2 years 0.18% -0.34% 5.06%
  House Townhouses Units
Median weekly rent $470 $480 $395
Median yield % 4.44% 4.18% 4.94%
Median rent change - 1 year 2.17% 0.00% 3.94%
  House Units
Previous month sales 87 10
Stock on market previous month 413 55
Stock variance vs. last year -15.54% -15.38%
Average days on market NA NA

Launceston investment property listings

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

14 Karpaty Ave, Newnham

$575,000

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Immaculate & In Demand!

First time to market since it was built in 1960, this sunny, solid brick 3 bedroom family home has just been fully painted and with brand new carpet is ready for its 2nd owner. Immaculately presented both inside and out and with a dual circular driveway for ease of parking, this lovely home in ...

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TAS 7248


14 Vermont Rd, Mowbray

$539,000

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Dual Income Opportunity

Set on a convenient Mowbray address, this versatile property presents an excellent opportunity for first home buyers, renovators and investors alike. The property includes a classic 1956 two-bedroom home along with a separate self-contained studio at the rear, creating flexible living options and ...

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TAS 7248


203 Underwood Rd, Underwood

$895,000

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Private Lifestyle Property with Creek and Paddocks

If you've been looking for a peaceful rural lifestyle property, this charming homestead offers the perfect opportunity to enjoy space, privacy and beautiful countryside surrounds. Set on picturesque land with lush green paddocks, the timber home overlooks rolling pasture that would suit a hobby ...

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House

TAS 7268


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