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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 0.18% over the past year and changed 12.47% over 2 years.

The median rent in for houses is $460 per week and the median rental yield is 4.34%. Stock on the market for houses/townhouses has changed 5.26% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $419,000 and this has changed 5.01% over the past year. The average unit takes NA days to sell and the median rent for a unit in Launceston is $380 per week, producing a rental yield of 4.71%.

Supply & Demand in Launceston

0.98%

Current vacancy rate


313

Rental stock available


65,275

Population


30.07%

Rental population


0.71%

Current vacancy rate


1,941

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 $579,500 $419,000
Median price change - last quarter 0.18% 6.33% 5.01%
Median price change - 1 year 0.18% -2.45% 5.01%
Median price change - 2 years 12.47% -2.61% 20.05%
  House Townhouses Units
Median weekly rent $460 $480 $380
Median yield % 4.34% 4.30% 4.71%
Median rent change - 1 year 2.22% 1.05% 5.55%
  House Units
Previous month sales 0 0
Stock on market previous month 480 65
Stock variance vs. last year 5.26% 35.42%
Average days on market NA NA

Launceston investment property listings

Showing 5 of 537 investment properties found in Launceston on realestateinvestar.com.au

271 Invermay Rd, INVERMAY

$399,000

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TAS 7248


13 Chifley St, Kings Meadows

$549,000

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Is This Your Dream Family Home In Kings Meadows?

This beautifully renovated home is a great example of modern living, offering everything your family needs and more. Inside, discover a kitchen that's less than two years old, with ample storage, top-of-the-line appliances, and stylish tapware. The open-plan design connects the kitchen and dining ...

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TAS 7249


29 Helenwood Grove, Newnham

$449,000

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Exceptionally well cared for family home

Perfectly positioned on an elevated corner block with dual access, surrounded by mature, well tendered gardens, this property has been cherished and exceptionally well cared for by the same family for over five decades. The floor plan is well designed, offering three bedrooms, each with built-in ...

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TAS 7248


111 Peel Street West, West Launceston

$1,000,000

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Elegant and timeless residence showcasing craftsman detail and d

- Privately tucked away down a tree-lined driveway with automatic gates - A labor of love for our owners to build a timeless and elegant residence - Beautiful quality and detailed workmanship throughout the home - Flat access allows for easy accessibility in and around the property  - Open plan ...

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TAS 7250


15 West St, South Launceston

$545,000

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Cute Character Cottage

This delightful circa 1920s two-bedroom cottage boasts an adorable front facade that exudes the charm of its era. Inside, you'll find many original features including polished floorboards, picture rails, and leadlight windows, creating a warm and inviting atmosphere. Featuring two spacious ...

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TAS 7249


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