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Investment Property South Launceston, TAS, 7249

Suburb Snapshot

South Launceston is a suburb in the Launceston Region of Tasmania. South Launceston has a population of 4,592 people and 37.74% of its occupants live in rental accommodation. The median listing price for houses is $562,500 and this has changed 2.45% over the past year and changed -5.47% over 2 years.

The median rent in South Launceston for houses is $480 per week and the median rental yield is 4.43%. Stock on the market for houses/townhouses has changed -47.73% compared to last year and the average time to sell a house/townhouse is 125 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 72 days to sell and the median rent for a unit in South Launceston is $355 per week, producing a rental yield of NA.

Supply & Demand in South Launceston, Launceston

1.34%

Current vacancy rate


33

Rental stock available


4,592

Population


37.74%

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 South Launceston, Launceston

  House Townhouses Units
Median listing price $562,500 NA NA
Median price change - last quarter 1.00% NA -5.90%
Median price change - 1 year 2.45% NA NA
Median price change - 2 years -5.47% NA NA
  House Townhouses Units
Median weekly rent $480 $535 $355
Median yield % 4.43% NA NA
Median rent change - 1 year 2.12% -8.55% -4.06%
  House Units
Previous month sales 4 0
Stock on market previous month 23 3
Stock variance vs. last year -47.73% -25.00%
Average days on market 125 72

South Launceston investment property listings

Showing 5 of 42 investment properties found in South Launceston on realestateinvestar.com.au

24 Kerran Cres, South Launceston

$695,000

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Timeless brick family home, seamless Indoor-outdoor living, thre

Step into a home where the hard work is already done and all that's left is to move in and start your next chapter. Set behind a timeless brick façade, this beautifully renovated three-bedroom home offers warmth, comfort and effortless family living. Thoughtfully designed, it seamlessly connects ...

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House

TAS 7249


15 North St, South Launceston

$595,000

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Character, Comfort & Charm Walking Distance to the LGH & CBD

Light-filled and brimming with original circa-1900 character, this charming home has been thoughtfully updated to deliver warmth, comfort, and ease for modern living in South Launceston. Positioned in a highly sought-after pocket of the popular suburb, this home offers unparalleled convenience, ...

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House

TAS 7249


9 Hampden St, South Launceston

$599,000

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Full of Warmth, Style & History

Step into timeless charm with this beautifully presented weatherboard home, perfectly positioned in the heart of South Launceston. Built in 1880 and full of character, this stylish residence blends classic appeal with everyday convenience all set on a generous 570m² block. Featuring 2 spacious ...

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House

TAS 7249


91 Normanstone Rd, South Launceston

$749,000

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Space, Scale & Long-Term Upside

Set on a substantial parcel of land, this solid mid-century home provides an impressive internal footprint with multiple living areas, generous accommodation and clear long-term potential. The floorplan provides a high degree of flexibility, with a formal lounge positioned at the front of the ...

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TAS 7249


1-23/9 Rose La, South Launceston

$695,000

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A Brand New Collection of Modern Single-Storey Homes

Rose Lane Gardens is a boutique collection of architect-designed townhouses set within a newly created subdivision, surrounded by established trees and green outlooks, in the heart of South Launceston. Designed for easy low-maintenance living the development delivers contemporary single-storey ...

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Unit

TAS 7249


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