TAS has seen average median house prices change by 3.19% which means that East Launceston, 7250 has done well for property investors by showing a capital gain of 12.76% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in East Launceston has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -7.37% to buyers in East Launceston at the moment, which is less than average for the rest of TAS.
Renters in Suburb are facing rents around $4320 per annum or $360 every week.
In the last year 11 properties changed hands in East Launceston, which puts it as the 52th most active market in TAS when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3090 per annum or $257.5 every week.