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Investment Property Launceston, TAS, 7250

Suburb Snapshot

Launceston is a suburb in the Launceston Region of Tasmania. Launceston has a population of 2,944 people and 36.57% of its occupants live in rental accommodation. The median listing price for houses is $699,000 and this has changed -1.90% over the past year and changed -0.08% over 2 years.

The median rent in Launceston for houses is $480 per week and the median rental yield is 3.57%. Stock on the market for houses/townhouses has changed -3.57% compared to last year and the average time to sell a house/townhouse is 120 days.The median listing price for units is $515,000 and this has changed 3.62% over the past year. The average unit takes 202 days to sell and the median rent for a unit in Launceston is $415 per week, producing a rental yield of 4.19%.

Supply & Demand in Launceston, Launceston

1.95%

Current vacancy rate


37

Rental stock available


2,944

Population


36.57%

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 Launceston, Launceston

  House Townhouses Units
Median listing price $699,000 $662,500 $515,000
Median price change - last quarter 1.93% NA 11.34%
Median price change - 1 year -1.90% NA 3.62%
Median price change - 2 years -0.08% 10.60% -4.63%
  House Townhouses Units
Median weekly rent $480 $460 $415
Median yield % 3.57% 3.61% 4.19%
Median rent change - 1 year 0.00% 2.22% 3.75%
  House Units
Previous month sales 3 2
Stock on market previous month 27 23
Stock variance vs. last year -3.57% 27.78%
Average days on market 120 202

Launceston investment property listings

Showing 5 of 80 investment properties found in Launceston on realestateinvestar.com.au

13 Seaport Blvd, Launceston

$1,100,000

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Ground floor, easy accessibility, waterfront living in a secure

Positioned within the vibrant Seaport precinct, this ground-floor residence offers an exceptional blend of lifestyle, space, and convenience in a secure gated community. Set behind private gates, the home delivers generous proportions while placing the very best of waterfront dining, cafés and ...

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TAS 7250


231 St John St, Launceston

$1,750,000

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Low-maintenance City Fringe Living with Captivating Views

Commanding attention from an elevated position on Launceston's city fringe, this exceptional town residence captures sweeping vistas across the city skyline to the Tamar River beyond. Designed with a commitment to quality and architectural refinement, the home showcases a timeless palette enriched ...

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TAS 7250


10 My St, Launceston

$795,000

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Timeless Art Deco Meets City Views

Step into a rare opportunity to secure a character-filled residence in the very heart of Launceston, where timeless Art Deco elegance meets breathtaking city views and endless potential. Rich in warmth and personality, this charming home showcases the beautiful craftsmanship of its era, with ...

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TAS 7250


34 Margaret St, Launceston

$685,000

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Pretty in Pink in the City - A Residential or Commercial Opportu

Perfectly positioned just minutes walk from many of Launceston's attractions this historic cottage (c1886) offers a city fringe lifestyle home or ideal business location. The property's Mixed Urban Use zoning allows a variety of uses including residential or commercial (STCA) granting its next ...

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TAS 7250


7 Seaport Blvd, Launceston

$999,000

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Waterfront Living

Positioned within the vibrant Seaport precinct, this ground-floor townhouse delivers an exceptional lifestyle opportunity in one of Launceston's most sought-after waterfront locations. Set within a secure gated community, the home enjoys the ease of low-maintenance living, all just moments from ...

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TAS 7250


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