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 3.6% and has experienced a 12-month capital growth of Up 5.9%, 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
$733,000
$845,000
$1,050,000
$900,000
Suburb Market Profile
Last month East Launceston had 17 properties available for rent and 11 properties for sale. Median property prices over the last year range from $900,000 for houses to $490,000 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 3.6% and units rent for $440 PW with a rental yield of 4.7%. East Launceston has seen an annual compound growth rate of 5.9% for houses and 15.0% for units.