Over the last year, property investments in East Launceston, 7250 have given investors a capital gain of -5.14%. This compares very badly with the 7.09% for TAS as a whole.
The five-year average increase in median property values for East Launceston,7250 has given property investors a potential capital gain of 2.47% across each of those five years.
East Launceston, 7250 is offering TAS ‘s 33th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this TAS.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.
Property value increases in East Launceston have tracked higher than the TAS average of 4.47% over the last 12 months.
Property investors looking for a bargain in East Launceston should be aiming for at least -6.65% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $250 weekly from the median priced house in this suburb.