Over the last year, property investments in East Launceston, 7250 have given investors a capital gain of 14.83%. This compares very favourably with the 3.25% for TAS as a whole.
East Launceston,7250 has offered an average of 14.83% return per annum in house price rises to property investors over the last three years.
Vendor discounting in East Launceston is giving property investors an average Vendor Discount of around -6.91%. This puts suburb at number 71th in TAS when ranking the most discounted suburbs.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.28%, without taking into account capital value appreciation, which has been averaging out at 4.62%.
Advertised rents are around the $267.5 mark per week – giving a return of 5.76% based on the median price in Suburb