At number 298th in the list of Australian suburbs ordered by increase in median house value over the last year, West Launceston, 7250 is in the top 10% with a property value increase of 18.91% recorded in median house prices.
West Launceston,7250 was ranked 1018 in Australia by increase in median property value over the quarter.
West Launceston, 7250 is offering TAS ‘s 36th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this TAS.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
With a capital gain of 4.72% for the last 12 months, West Launceston, 7250 has performed for property investments than its average annual 6.22% property growth over the last 5 years.
While West Launceston,7250 ranked number 8th in TAS for increase in median house value (annualised) increase, it is ranked 37th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.18% offered to property buyers. Sellers in West Launceston itself are offering an average vendor discount of -3.61% to real estate investors.
West Launceston, 7250’s gross rental yield is 4.50%