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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

26 Heather St, South Launceston

$550,000

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Smart Investment or Future First Home in South Launceston!

Set in one of South Launceston's most desirable pockets, this inviting home enjoys an elevated position with lovely suburban and mountain views. The generous, sunny floorplan offers three bedrooms, each with built-in wardrobes, and a well appointed bathroom. The excellent kitchen is fitted with ...

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House

TAS 7249


56 Jubilee Rd, Youngtown

$575,000

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Renovated & Tenanted + Future Development Potential (STCA)

Situated in the desirable suburb of Youngtown, this renovated three bedroom, one bathroom home presents a fantastic opportunity for investors, developers, or first home buyers. Set on a generous, fully fenced, flat block, it offers the potential to subdivide or develop (STCA) while providing a ...

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House

TAS 7249


6 Pen-Y-Bryn Pl, Newstead

$0

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Daille - Landmark Newstead Estate Meets Contemporary Elegance

Perfectly positioned in a prestigious enclave of Newstead, just minutes from the heart of Launceston, Daille stands as an exquisite Federation estate where history and modern sophistication unite. Built circa-1902 by renowned builders J & T Gunn for banker Mr McEachern, the home has welcomed some ...

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House

TAS 7250


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