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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 1 of 1 investment properties found in Launceston on realestateinvestar.com.au

3 Tattersall St, WAVERLEY

$379,000

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3

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House

TAS 7250


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