EAST LAUNCESTON 7250
State: TASPosiProp AI Investment Summary
EAST LAUNCESTON (TAS 7250) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.0% and has experienced a 12-month capital growth of Up 6.5%, with a median house buy price of $900,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$630,000
$830,000
$1,067,500
$900,000
Suburb Market Profile
Last month East Launceston had 11 properties available for rent and 15 properties for sale. Median property prices over the last year range from $900,000 for houses to $474,500 for units. If you are looking for an investment property, consider houses in East Launceston rent out for $600 PW with an annual rental yield of 4.0% and units rent for $440 PW with a rental yield of 4.8%. East Launceston has seen an annual compound growth rate of 6.5% for houses and 15.7% for units.