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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 0.00% over the past year and changed 0.18% over 2 years.

The median rent in for houses is $470 per week and the median rental yield is 4.44%. Stock on the market for houses/townhouses has changed -6.46% 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 0.00% over the past year. The average unit takes NA days to sell and the median rent for a unit in Launceston is $395 per week, producing a rental yield of 4.90%.

Supply & Demand in Launceston

0.72%

Current vacancy rate


234

Rental stock available


65,275

Population


30.07%

Rental population


0.51%

Current vacancy rate


1,414

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 $599,000 $419,000
Median price change - last quarter 0.00% 0.33% -0.83%
Median price change - 1 year 0.00% 3.36% 0.00%
Median price change - 2 years 0.18% 0.84% 5.01%
  House Townhouses Units
Median weekly rent $470 $480 $395
Median yield % 4.44% 4.16% 4.90%
Median rent change - 1 year 2.17% 0.00% 3.94%
  House Units
Previous month sales 102 8
Stock on market previous month 449 61
Stock variance vs. last year -6.46% -6.15%
Average days on market NA NA

Launceston investment property listings

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