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

17 Maitland St, Launceston

$725,000

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Charming and Immaculate

Step into a storybook setting where timeless charm meets modern elegance. This stunning, fully renovated character home captures the romance of yesteryear, with a gorgeous façade and irresistible street appeal that instantly warms the heart. Inside, high ceilings and beautifully preserved ...

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TAS 7250


3/10 Flowers Ct, Newstead

$549,000

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Sunny Northerly Aspect with Spacious Living & Views

Positioned within a quiet, well-kept enclave, this inviting residence presents an outstanding opportunity for first-home buyers, downsizers or savvy investors seeking a foothold in sought-after Newstead. Set on an elevated site, the home captures calming views across Launceston, best enjoyed from ...

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TAS 7250


17 Laver Grove, Newnham

$599,000

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Warm, Welcoming and Wonderfully Updated

Positioned in a quiet, well-established pocket of Newnham, discover the perfect blend of timeless charm and modern comfort at 17 Laver Grove. This red brick home, originally built in 1968, has been thoughtfully revitalised to offer a fresh, contemporary feel while retaining its classic appeal. ...

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House

TAS 7248


11 Cimitiere St, Launceston

$595,000

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When location matters!

Positioned just moments from City Park, this is city-edge living at its most convenient. Leave the car at home you can stroll to the supermarket, chemist, tennis centre and even walk to work in the CBD, just five minutes away. The state of the art LIFT Gym just a few hundred metres away and the ...

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House

TAS 7250


1 Alma St, Youngtown

$550,000

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Modern 2-Bedroom Haven: Comfort, Convenience & Contemporary Livi

The Phone Code for this property is: 15871. Please quote this number when phoning or texting. Nestled in a serene and secure locale, this modern haven offers a lifestyle of comfort and convenience. Step inside this contemporary gem, boasting a mere three years of age, and be greeted by two ...

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Unit

TAS 7249


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