West Launceston, 7250 ranked 151th in TAS when comparing growth in median property values or capital gain over the last 12 months. West Launceston is one of 606 in our list for TAS
Comparing West Launceston,7250 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.77% offered to property buyers. Sellers in West Launceston itself are offering an average vendor discount of -6.86% to real estate investors.
West Launceston, 7250’s gross rental yield is 5.58%
With a capital gain of -21.01% for the last 12 months, West Launceston, 7250 has performed for property investments than its average annual 3.43% property growth over the last 5 years.
The five-year average increase in median property values for West Launceston,7250 has given property investors a potential capital gain of 2.50% across each of those five years.
Vendor discounting in West Launceston is giving property investors an average Vendor Discount of around -4.95%. This puts suburb at number 27th in TAS when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $3060 per annum or $255 every week.