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Investment Property West Launceston, TAS, 7250

Suburb Snapshot

West Launceston is a suburb in the Launceston Region of Tasmania. West Launceston has a population of 4,208 people and 25.43% of its occupants live in rental accommodation. The median listing price for houses is $599,500 and this has changed 0.41% over the past year and changed 0.08% over 2 years.

The median rent in West Launceston for houses is $480 per week and the median rental yield is 4.16%. Stock on the market for houses/townhouses has changed -37.14% compared to last year and the average time to sell a house/townhouse is 100 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in West Launceston is $375 per week, producing a rental yield of NA.

Supply & Demand in West Launceston, Launceston

0.81%

Current vacancy rate


17

Rental stock available


4,208

Population


25.43%

Rental population


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 West Launceston, Launceston

  House Townhouses Units
Median listing price $599,500 NA NA
Median price change - last quarter -3.01% NA NA
Median price change - 1 year 0.41% NA NA
Median price change - 2 years 0.08% NA NA
  House Townhouses Units
Median weekly rent $480 NA $375
Median yield % 4.16% NA NA
Median rent change - 1 year -1.04% NA 5.63%
  House Units
Previous month sales 5 2
Stock on market previous month 22 4
Stock variance vs. last year -37.14% 300.00%
Average days on market 100 NA

West Launceston investment property listings

Showing 3 of 3 investment properties found in West Launceston on realestateinvestar.com.au

22 Wyndella St, West Launceston

$750,000

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Fabulous city views - 4 bed, 2 bath

Homes in this hidden street rarely change hands and once you see this home you will see why. Set high on the hill in an extremely quiet loop street resides this immaculate four bedroom, two bathroom family home with absolutely stunning views over the city and out to the mountains. The brick home ...

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House

TAS 7250


56 Salisbury Cres, West Launceston

$549,000

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It Is What It Is But It Could Be an opportunity

There are homes and then there are opportunities. Perched in an elevated position with sweeping views across beautiful Launceston, this much-loved residence is ready to begin its next chapter. Held and cherished for many years, this is a home filled with memories now waiting for someone with ...

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House

TAS 7250


3 Outram St, West Launceston

$0

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The ultimate in townhouse living

This private, design-focused home is just minutes from the heart of Launceston. 3 Outram Street offers style, space and standout views and feels like a luxury retreat, surrounded by lush greenery & elevated to capture the all-encompassing views of the city and mountains. Inside, the layout flows ...

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House

TAS 7250


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