TAS has seen average median house prices change by 3.12% which means that Launceston, 7250 has done well for property investors by showing a capital gain of 4.71% over the last year
Taking the average capital gain, or increase in median house value, Launceston,7250 has racked up an average of 4.71% over the period. This ranks it number 2406th in the whole country for real estate investors looking at median house price increases.
Launceston7250 is located in TAS which offers an average discount of -7.01% to property investors. Launceston itself is showing figures that indicate -5.83% is the average achievable by property buyers investing in the suburb.
Launceston, 7250 ranked 46th in TAS when comparing growth in median property values or capital gain over the last 12 months. Launceston is one of 606 in our list for TAS
Across a shorter period, Launceston, 7250 has seen a median price increase of -10.29% over the last quarter.
Launceston, 7250 is offering TAS ‘s 11th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this TAS.
In the last year 35 properties changed hands in Launceston, which puts it as the 13th most active market in TAS when comparing the number of sales per suburb.
Property investors should expect to get $310 weekly from the median priced house in this suburb.