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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

211 Opossum Rd, Norwood

$719,000

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A Flexible Family Home With Room for Everyone

Positioned in popular Norwood, this beautifully proportioned home offers impressive space across two levels, paired with exceptional outdoor living options designed for comfort, convenience, and relaxation. Upstairs, the home features two well-sized bedrooms along with a generous main bedroom ...

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5

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2

House

TAS 7250


20 Emma St, West Launceston

$799,000

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Quiet West Launceston Gem With Stunning Views

Tucked away on a quiet, family-friendly street in West Launceston, this well-maintained three-bedroom brick home presents an exceptional opportunity for both investors and small families seeking comfort, convenience, and long-term value. From the moment you arrive, the home's peaceful setting and ...

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4

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2

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2

House

TAS 7250


N/A, Kings Meadows

$0

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0

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House

TAS 7249


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