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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 443 investment properties found in Launceston on realestateinvestar.com.au

3/37 Rothesay Cl, Newnham

$499,000

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Spacious & Modern Unit In Prime Location

Modern & Convenient Living in Newnham Tucked away in a quiet cul-de-sac, 3/37 Rothesay Close presents an exceptional opportunity for those seeking a modern and practical home. Built in 2009, this stylish residence has retained its contemporary appeal and dynamic layout, offering both comfort and ...

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TAS 7248


113 Brougham St, West Launceston

$949,000

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113 Brougham Street, West Launceston A Rare Storybook Setting i

Perched at the quiet top end of Brougham Street, this home is unlike anything else you'll find so close to the city. Spread across a remarkable 2,454m² block with dual access from both Brougham Street and Isabelle Court, it offers a sense of space, privacy, and freedom that feels almost rural - ...

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House

TAS 7250


5 Carlisle St, WAVERLEY

$519,000

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Ideal First Home or Smart Investment Opportunity

Positioned in the increasingly sought-after suburb of Waverley, this freshly updated 3-bedroom, 1-bathroom home is perfect for families, first-home buyers, or investors looking to enter a growing market. Step inside to discover a warm and inviting interior featuring freshly polished Tasmanian Oak ...

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TAS 7250


62 Hobart Rd, KINGS MEADOWS

$469,000

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Neat, Updated, and Full of Potential - Ideal First Home, Investm

This well-presented two-bedroom home at 62 Hobart Road, Kings Meadows offers an exceptional opportunity for first-home buyers, downsizers, or investors to secure a quality property in one of Launceston's most convenient and connected suburbs. Set on a level 671m² block, the home delivers ...

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TAS 7249


2 Skemp St, WAVERLEY

$499,000

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Immaculate 3-Bedroom Home with Shed, Carport & Landscaped Garden

Carefully updated to a high standard, this home blends comfort, style, and practicality-perfect for families, professionals, or downsizers seeking both quality and convenience. Inside, all three bedrooms feature built-in wardrobes, offering excellent storage and functionality. The living and ...

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TAS 7250


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