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

8 Howick St, South Launceston

$625,000

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Character Home on the City Fringe

Located in the desirable suburb of South Launceston, this early 1900s home beautifully combines timeless character with contemporary updates. An excellent opportunity for downsizers or investors seeking a solid return, it also presents an inviting option for those looking to secure a place to call ...

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TAS 7249


2/71 Cypress St, Newstead

$585,000

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Sleek Design, Prime Location, Easy Living!

Set in the ever popular suburb of Newstead, this modern brick unit delivers a lifestyle of ease, style and unbeatable convenience. Perfectly suited to first home buyers, investors or those looking to downsize without compromise, the home sits on a flat block and showcases a clean, contemporary ...

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TAS 7250


34 Belgrave Pde, Youngtown

$585,000

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A low maintenance home perfect for first home buyers or investor

Positioned in a well-established part of Youngtown, this home is neat and tidy and offers comfortable, low maintenance living. Inside, the home features three bedrooms, all with built-in storage, serviced by a renovated, centrally located bathroom offering a separate shower + bath. The combined ...

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TAS 7249


68 Gibson St, Kings Meadows

$695,000

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Potential 6th bedroom with a private, self-contained unit on the

This solid brick home has been lovingly cared for and offers space, flexibility and a peaceful setting that's becoming increasingly hard to find. Step inside and you're welcomed by a generous living area, where elevated mountain views create a beautiful sense of openness and calm. For those who ...

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TAS 7249


8 Karpaty Ave, Newnham

$545,000

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Solid Brick Home in a Convenient Location with Garage & Side Acc

Set on a generous allotment of approximately 708m², this solid 1960s brick home offers an easy, low-maintenance lifestyle in a well-established part of Newnham. Neat, tidy and well cared for, the home has a welcoming feel from the moment you step inside. The cosy living area flows naturally ...

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TAS 7248


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