East Launceston has had a pretty average year for property investment returns compared to the rest of TAS, giving investors a capital gain of 4.40% to date .
Over the longer term, East Launceston has seen property prices show investors a 5.73% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in East Launceston is giving property investors an average Vendor Discount of around -8.92%. This puts suburb at number 24th in TAS when ranking the most discounted suburbs.
East Launceston is 97th on a list of best yielding suburbs for rents in TAS with a 4.76% return
Giving property investors a a solid capital gain of 32.22% for the last year, East Launceston, 7250 is the 34th highest performer in Australia in this respect.
The TAS suburb of East Launceston, 7250 is in the Launceston local government area.