LAUNCESTON 7250
State: TASPosiProp AI Investment Summary
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 14.0%, with a median house buy price of $752,080. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$630,000
$750,000
$1,120,000
$752,080
Suburb Market Profile
Last month Launceston had 20 properties available for rent and 33 properties for sale. Median property prices over the last year range from $752,080 for houses to $575,000 for units. If you are looking for an investment property, consider houses in Launceston rent out for $550 PW with an annual rental yield of 3.7% and units rent for $435 PW with a rental yield of 4.6%. Launceston has seen an annual compound growth rate of 14.0% for houses and 19.9% for units.
Top Yielding Suburbs in TAS
Explore other high-yield positive cash flow investment markets in TAS