Giving property investors a an average capital gain of 4.84% for the last year, South Launceston, 7249 is the 1977th highest performer in Australia in this respect.
The five-year average increase in median property values for South Launceston,7249 has given property investors a potential capital gain of 6.90% across each of those five years.
Vendor discounting in South Launceston is giving property investors an average Vendor Discount of around -7.35%. This puts suburb at number 56th in TAS when ranking the most discounted suburbs.
Residents and property investors in South Launceston have been waiting around 72.95 days to sell a property.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.76%, without taking into account capital value appreciation, which has been averaging out at 2.49%.
South Launceston, 7249 ranked 6th in TAS when comparing growth in median property values or capital gain over the last 12 months. South Launceston is one of 606 in our list for TAS
South Launceston,7249 has offered an average of 10.98% return per annum in house price rises to property investors over the last three years.
The most recent median price for South Launceston is $227500, with sellers offering an average of -8.37% off the asking price.