Giving property investors a a solid capital gain of 22.98% for the last year, West Launceston, 7250 is the 172th highest performer in Australia in this respect.
Across a shorter period, West Launceston, 7250 has seen a median price increase of 5.08% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that West Launceston is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 69th in terms of most discounted suburbs in TAS
Often selling an investment property can take time, and in West Launceston the average time real estate has been on the market is 29.55 days.
The TAS suburb of West Launceston, 7250 is in the Launceston local government area.
Investment property in West Launceston has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.33%
Across a shorter period, West Launceston, 7250 has seen a median price increase of -0.57% over the last quarter.
West Launceston, 7250 is offering TAS ‘s 27th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this TAS.
Property investors should expect to get $250 weekly from the median priced house in this suburb.