Download your FREE reports now!

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

11 Bennett St, South Launceston

$425,000

property pic

Ideal First Home or Investment Opportunity

Bathed in natural light throughout, the interior showcases a soothing neutral palette of whites and greys, complemented by a blend of exposed brick both painted and natural and a combination of timber flooring and plush carpeting. The home features clearly defined living and dining zones, creating ...

Get more info on this property
rei

2

rei

1

rei

2

House

TAS 7249


24 Winston St, Mowbray

$495,000

property pic

Refreshed and ready for new owners.

Whether you're searching for your first home, looking to grow your investment portfolio, or simply wanting extra space for a hobby or creative pursuit, 24 Winston Street is a property that ticks all the boxes. This well-presented three-bedroom, one-bathroom home (+ 2nd toilet) has recently been ...

Get more info on this property
rei

3

rei

1

rei

4

House

TAS 7248


1/67 Parkfield Dr, Youngtown

$585,000

property pic

Brand-New, Low-Maintenance Living in Sought-After Youngtown

Perfectly positioned in a quiet pocket of Youngtown, this brand-new three-bedroom home offers modern comfort, quality finishes and an easy-care lifestyle. One of only two on the block, it's an ideal choice for first-home buyers, downsizers or investors looking for a move-in ready property. Filled ...

Get more info on this property
rei

3

rei

2

rei

1

Unit

TAS 7249


2/67 Parkfield Dr, Youngtown

$635,000

property pic

Brand-new unit with double garage & spacious backyard.

Introducing this contemporary, brand-new three-bedroom property in popular Youngtown's Oakden Estatedesigned for modern living, comfort and convenience. Positioned at the rear and offering excellent privacy, this quality-built residence stands out with its generous backyard and highly sought-after ...

Get more info on this property
rei

3

rei

2

rei

2

Unit

TAS 7249


5 Esk St, Invermay

$439,000

property pic

Cute 1890's cottage in Invermay.

To enquire, please email or call 1300 815 051 and enter code 5545 Discover your new home in the charming community of Invermay, available now for the best offer above $439,000. This beautifully renovated residence offers a comfortable and stylish living space, perfect for small families, couples, ...

Get more info on this property
rei

2

rei

1

rei

0

House

TAS 7248


Navigate to more Suburbs, Regions or States