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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 $400,000 and this has changed 8.40% over the past year and changed 15.94% over 2 years.

The median rent in for houses is $380 per week and the median rental yield is 4.94%. Stock on the market for houses/townhouses has changed -25.85% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $300,000 and this has changed 3.80% over the past year. The average unit takes NA days to sell and the median rent for a unit in Launceston is $310 per week, producing a rental yield of 5.37%.

Supply & Demand in Launceston

0.71%

Current vacancy rate


225

Rental stock available


65,275

Population


30.07%

Rental population


0.44%

Current vacancy rate


1,177

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 $400,000 $362,500 $300,000
Median price change - last quarter 1.01% 0.00% 0.00%
Median price change - 1 year 8.40% 3.57% 3.80%
Median price change - 2 years 15.94% -4.61% 13.20%
  House Townhouses Units
Median weekly rent $380 $400 $310
Median yield % 4.94% 5.73% 5.37%
Median rent change - 1 year 8.57% 2.56% 10.71%
  House Units
Previous month sales 82 11
Stock on market previous month 218 28
Stock variance vs. last year -25.85% -22.22%
Average days on market NA NA

Launceston investment property listings

Showing 5 of 147 investment properties found in Launceston on realestateinvestar.com.au

3 Techno Park Dr, Kings Meadows

$730,000

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SIMPLY SUPERB

3 TECNO PARK DRIVE, KINGS MEADOWS Situated just a 11 min drive to Launceston CBD and just 2 minutes to Kings Meadows shopping precinct is this premium family home that must be seen to truly appreciate. The home has recently been lovingly renovated with modern bathrooms, cozy kitchen, and new ...

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House

TAS 7249


21 Lila Dr, Prospect

$675,000

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Get Ready to Show Off Where you Live

We are extremely proud to present this modern family home for the first time to the market. Upon entering the property you will notice the high ceilings that make the home feel open and spacious. The sunny master bedroom is located at the front and provides privacy from the rest of the home. Step ...

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House

TAS 7250


25 Kelvin St, Youngtown

$449,000

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Potential Plus in Youngtown

This neat and sunny 3 bedroom home could be what you have been searching for. All 3 bedrooms are a great size and all include built-in robes. The centrally located bathroom includes a separate shower and toilet. Upon entering the home, you are greeted with a large entranceway with built-in ...

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TAS 7249


64 Riseley St, Kings Meadows

$499,000

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Immaculate in Kings Meadows

64 Riseley Street, in the heart of Kings Meadows is sure to impress. This solid 3 bedroom brick home, has been renovated and lovingly maintained, so all you have to do is move in and enjoy the lifestyle that this property affords. As you walk through the property, you are met with sun filled ...

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House

TAS 7249


58 Lyttleton St, East Launceston

$950,000

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Character and Charm in sought after East

Situated on the top side of Lyttleton Street, basking in sun and with views over the surrounding neighbourhood is this beautiful 4-5-bedroom family home. Internally the home has all the stunning period features you would expect from a 1920's charmer. Timber mantles, open fireplaces, fretwork, and ...

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TAS 7250


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