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 3.7% and has experienced a 12-month capital growth of Up 2.9%, with a median house buy price of $885,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$733,000
$837,500
$1,050,000
$885,000
Suburb Market Profile
Last month East Launceston had 9 properties available for rent and 10 properties for sale. Median property prices over the last year range from $885,000 for houses to $494,000 for units. If you are looking for an investment property, consider houses in East Launceston rent out for $620 PW with an annual rental yield of 3.7% and units rent for $430 PW with a rental yield of 5.0%. East Launceston has seen an annual compound growth rate of 2.9% for houses and 15.8% for units.
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