South Launceston, 7249 ranked 55th in TAS when comparing growth in median property values or capital gain over the last 12 months. South Launceston is one of 606 in our list for TAS
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in South Launceston has increased when compared to the 5 year average annual rate.
Vendor discounting in South Launceston is giving property investors an average Vendor Discount of around -4.13%. This puts suburb at number 80th in TAS when ranking the most discounted suburbs.
On average over the past year, suburb has had 10.00 sales per month, which equates to 120 per year.
Situated 159.48km from the CBD, South Launceston is one of Launceston (C) localities in the postcode 7249.
Property value increases in South Launceston have tracked lower than the TAS average of 7.81% over the last 12 months.
South Launceston,7249 was ranked 1467 in Australia by increase in median property value over the quarter.
South Launceston, 7249 is offering TAS ‘s 3rd most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this TAS.
In the last year 33 properties changed hands in South Launceston, which puts it as the 21th most active market in TAS when comparing the number of sales per suburb.
Property investors should expect to get $240 weekly from the median priced house in this suburb.