With a capital gain of 8.00% for the last 12 months, South Launceston, 7249 has performed for property investments than its average annual 3.00% property growth over the last 5 years.
The five-year average increase in median property values for South Launceston,7249 has given property investors a potential capital gain of 3.85% across each of those five years.
South Launceston7249 is located in TAS which offers an average discount of -7.05% to property investors. South Launceston itself is showing figures that indicate -5.77% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 3.00%, investors should hope to achieve an overall return of 5.78%