TAS/
East launceston

Suburb Profile

East Launceston - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7250

house
unit

Property investments in EAST LAUNCESTON did not fare well against the rest of the country last year, registering a median home price decrease of 18.56%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains EAST LAUNCESTON, 7250 saw average growth in the long term.

Real estate investors could earn a rental income of $370 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 68.3 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $495,000.

EAST LAUNCESTON ranks 113th on the list of best yielding suburbs for rental properties in TAS, posting a 3.89% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $495,000 $228,000
GROWTH REPORT
Median Quarterly 4.76% -4.6%
Median 12 month 18.56% -22.97%
Median 3 years 25.48% N/A
Median 5 years 30.26% N/A
10 years average annual 4.68% 4.44%
Weekly media advert. rent $370 $250
Time on Market 68.3 days 0.0 days
Gross Rental Yield Percent 3.89% 5.7%
demographics (median values)
Total Population
2248
Weekly Household Income
1067
Household Size
2.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Capital Gains Tax (CGT) Calculator

East Launceston, TAS
property details
Sale price
$
Current taxable income
$
Purchase price
$
Calculate
promoted stories