At number 2069th in the list of Australian suburbs ordered by increase in median house value over the last year, East Launceston, 7250 is in the BOTTOM 50% with a property value increase of 0.09% recorded in median house prices.
Taking the average capital gain, or increase in median house value, East Launceston,7250 has racked up an average of 0.09% over the period. This ranks it number 513th in the whole country for real estate investors looking at median house price increases.
Residents and property investors in East Launceston have been waiting around 32.6667 days to sell a property.
With the median price for a house in East Launceston being $527500 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.94%