Longford

POSTAL CODE: TAS, 7301
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Property investors have seen a 0.82% gain in LONGFORD based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains LONGFORD, 7301 saw average growth in the long term.

The TAS suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $554,500

Profits averaged 1% per annum over a 3-year period, due to an upward trend in home prices in LONGFORD, 7301.

This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.

The gross rental yield in LONGFORD, 7301 is 4.69%.

An average of 5.83 real estate transactions take place per month in LONGFORD which translates to 70 per annum.

Surburb overview

Longford, with the postcode 7301, is a historic town located approximately 21 kilometres southwest of Launceston in Tasmania. Nestled in the fertile Northern Midlands, Longford is renowned for its rich heritage, beautiful landscapes, and vibrant community. The population of Longford is around 4,000 residents, comprising a diverse mix of families, professionals, and retirees who appreciate the town’s serene environment and strong sense of community.

Longford falls under the jurisdiction of the Northern Midlands Council, which ensures well-maintained infrastructure and community services. Public transportation options include bus services connecting Longford to Launceston and surrounding areas. The town is also easily accessible by car via the Midland Highway and Illawarra Road, facilitating convenient travel to Launceston and other nearby towns.

Educational facilities in Longford include Longford Primary School, catering to the educational needs of young children in the community. For secondary education, students typically attend nearby schools such as Cressy District High School and various schools in Launceston. For higher education, residents have access to institutions in Launceston, such as the University of Tasmania and various vocational training centres.

Longford offers a variety of local shops, supermarkets, cafes, and dining options within the town. The main shopping precinct along Wellington and Marlborough Streets features charming heritage buildings housing boutique stores, galleries, and eateries. For more extensive shopping and services, residents often travel to Launceston.

The town is home to numerous parks and green spaces, including the popular Longford Riverside Caravan Park, which offers walking trails, picnic areas, and scenic views of the South Esk River. The nearby Brickendon and Woolmers Estates are UNESCO World Heritage-listed sites, providing insights into Tasmania’s colonial past and offering guided tours, gardens, and historical exhibits.

Outdoor enthusiasts can enjoy various walking and cycling trails in the area, including those in the Longford Recreation Ground and the surrounding countryside. The nearby South Esk River provides opportunities for fishing, kayaking, and other water-based activities.

Longford is also known for its strong equestrian culture and hosts the annual Longford Show, showcasing agricultural displays, horse events, and family-friendly activities. The town’s racing heritage is celebrated at the Longford Racecourse, which holds regular racing events and is a key venue for the local community.

Residents of Longford benefit from its tranquil rural lifestyle while having access to the amenities and attractions of Launceston. The town’s natural beauty, recreational opportunities, and rich heritage make it a unique and appealing place to live for those who value a close-knit community and a serene environment.

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