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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 -15.54% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $415,000 and this has changed 4.01% 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 4.94%.

Supply & Demand in Launceston

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

  House Townhouses Units
Median listing price $550,000 $597,000 $415,000
Median price change - last quarter 0.00% 0.33% -0.83%
Median price change - 1 year 0.00% 3.10% 4.01%
Median price change - 2 years 0.18% -0.34% 5.06%
  House Townhouses Units
Median weekly rent $470 $480 $395
Median yield % 4.44% 4.18% 4.94%
Median rent change - 1 year 2.17% 0.00% 3.94%
  House Units
Previous month sales 87 10
Stock on market previous month 413 55
Stock variance vs. last year -15.54% -15.38%
Average days on market NA NA

Launceston investment property listings

Showing 5 of 441 investment properties found in Launceston on realestateinvestar.com.au

206 Hobart Rd, KINGS MEADOWS

$519,000

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Spacious Family Home in a Convenient Location

Welcome to 206 Hobart Road, Youngtown - a spacious and charming family home that offers above-average living space, thoughtful design, and unbeatable convenience. Set on a generous 592m² block, this property features three large bedrooms and a well-appointed bathroom, making it ideal for ...

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House

TAS 7249


16 Mallard Pl, NEWNHAM

$635,000

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Spacious Family Living- Superb Views

Nestled high up in a peaceful cul-de-sac, this immaculately presented family home offers a perfect blend of space, comfort, and stunning views. Bathed in all-day sunshine, the property boasts an enviable location with panoramic vistas, making it a truly special place to live. With the potential ...

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House

TAS 7248


78 Invermay Rd, INVERMAY

$579,000

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Unique Investment Opportunity - Returning $865/wk

This charming Federation home, dating back to the early 1900s, is located in the heart of Invermay and is sure to captivate from the moment you arrive. Currently set up as a dual tenancy, the property includes a one-bedroom and a two-bedroom dwelling, both independently metered. There's also the ...

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House

TAS 7248


257 Bacala Rd, TUNNEL

$698,000

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Rare Private Rural Residence + Pasture

This exceptional 45-acre rural property is highly productive and meticulously maintained, featuring annual top dressing and divided into approximately 8 paddocks. A small creek runs for 95% of the year, with reticulated water available to most paddocks. Stockyards are functional. The property also ...

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House

TAS 7254


209 INVERMAY Rd, Invermay

$0

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PRIME COMMERCIAL OPPORTUNITY IN HIGH-TRAFFIC LOCATION

First Time Offered Since 1970 With the recent retirement of the long-time owners, this exceptional commercial property is being offered to the market for the very first time since it was purchased in 1990 to establish the highly regarded local business Curtains and Blinds. Ideally located on busy ...

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Commercial

TAS 7248


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