West Launceston, 7250 ranked 141th 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
Over the longer term, West Launceston has seen property prices show investors a 32.11% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -5.65% to buyers in West Launceston at the moment, which is less than average for the rest of TAS.
Advertised rents are around the $380 mark per week – giving a return of 5.00% based on the median price in Suburb
West Launceston is in the bottom 20% in TAS when comparing median price capital growth over the last year. West Launceston gave property investors a dismal capital gain figure when compared to the rest of the state, with -7.89%.
Across a shorter period, West Launceston, 7250 has seen a median price increase of 0.00% over the last quarter.
Situated 159.51km from the CBD, West Launceston is one of Launceston (C) localities in the postcode 7250.