If you compare the increase in value of investment property in Launceston, 7250 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was -4.91%.
The five-year average increase in median property values for Launceston,7250 has given property investors a potential capital gain of 34.39% across each of those five years.
Residents and property investors in Launceston have been waiting around 52.5217 days to sell a property.
Situated 160.85km from the CBD, Launceston is one of Launceston (C) localities in the postcode 7250.
Giving property investors a a solid capital gain of 15.21% for the last year, Launceston, 7250 is the 166th highest performer in Australia in this respect.
Launceston,7250 has offered an average of 15.21% return per annum in house price rises to property investors over the last three years.
With the median price for a house in Launceston being $409000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.45%