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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 5 of 455 investment properties found in Launceston on realestateinvestar.com.au

2 Cridge St, South Launceston

$595,000

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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 ...

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TAS 7249


9 Montrose Pl, Newstead

$745,000

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Character & Convenience In Quiet Cul-De-Sac

Tucked away in a quiet cul-de-sac in one of Launceston's most desirable suburbs, this residence offers an inviting blend of modern comfort, character, and convenience. This beautifully renovated three-bedroom, two-bathroom home provides the perfect setting for families, professionals, or ...

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TAS 7250


2 Carnarvon St, Newstead

$1,150,000

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Verlaine Stunning Character Residence With Views

Perfectly positioned in one of Newstead's most desirable locations, this impressive residence offers the rare harmony of timeless character and contemporary refinement. Originally constructed in 1913, the home has been beautifully renovated to deliver modern comfort while honouring its heritage, ...

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House

TAS 7250


3/5-7 Newnham Cl, Newnham

$379,500

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Ideal Investment or Perfect First Home

The Phone Code for this property is: 23463. Please quote this number when phoning or texting. Beautifully renovated and perfectly positioned, this stylish two-bedroom unit offers low-maintenance living with strong investment appeal. With an estimated rental return of $400-$420 per week (approx. ...

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Unit

TAS 7248


2/8 Sisson St, Youngtown

$399,000

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Affordable, Private & Packed with Potential in Youngtown

Whether you're entering the market for the first time or seeking a smart investment, this neat and tidy unit ticks all the right boxes. Privately positioned on a 191m² internal block in one of Youngtown's most sought-after pockets, it's just minutes from shops, schools, and Launceston Airport - ...

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Unit

TAS 7249


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