East Launceston, TAS 7250

East Launceston, TAS 7250

Compare Part of Launceston

161.08 km
Distance from CBD
46 k
Population
Median Sale Price
House
$575K
Updated on Aug 2020
2 BR
$465K
3 BR
$535K
4 BR
$607K
Unit
$259K
Updated on Aug 2020
1 BR
$196K
2 BR
$300K
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$375,000
0.0% $170,000 $1,200,000 36
2010
$375,000
0.0% $230,000 $735,000 38
2011
$497,000
+24.5% $180,000 $1,910,000 27
2012
$385,000
-29.1% $210,000 $1,550,000 42
2013
$367,500
-4.8% $210,000 $749,000 41
2014
$395,000
+7.0% $140,000 $990,000 48
2015
$382,000
-3.4% $120,000 $800,000 50
2016
$435,000
+12.2% $224,000 $1,200,000 38
2017
$485,000
+10.3% $155,000 $2,700,000 46
2018
$471,000
-3.0% $166,000 $1,245,000 31
2019
$525,000
+10.3% $230,000 $1,100,000 29
2020
$580,000
+9.5% $190,000 $2,100,000 26
Median Sale Price
$595K
Based on 33 recorded sales within the last 12 months
Updated on 29 Sep 2020
Suburb Growth
+11.8%
Current Median Price: $595,000
Previous Median Price: $525,000
Based on 60 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$363
Updated on Aug 2020
2 BR
$350
3 BR
$375
4 BR
$490
Unit
$288
Updated on Aug 2020
1 BR
$245
2 BR
$295
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
-
- - - -
2012
$400
0.0% $400 $400 1
2013
$390
-2.6% $300 $550 4
2014
$365
-6.8% $220 $620 28
2015
$350
-4.3% $165 $580 58
2016
$390
+10.3% $150 $650 48
2017
$370
-5.4% $165 $600 41
2018
$390
+5.1% $180 $600 39
2019
$410
+4.9% $205 $650 33
2020
$365
-12.3% $230 $600 21
Median Rent Price
$400
per week
Based on 34 recorded rent within the last 12 months
Updated on 29 Sep 2020
Rent Price Growth
-2.5%
Current Median Rent: $400
Previous Median Rent: $410
Based on 65 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.5%
Current Median Price: $595,000
Current Median rent: $400
Based on 67 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)

Auction Results For East Launceston

Houses sold in Last 12 months ends 26 Sep 2020

$0M

Median Sale Price

100%

Clearance Rate

1/1

Sold/Reported

$0M

Highest Sale Price

Schools closest to East Launceston, TAS 7250

School name Address Type Sector Distance
East Launceston Primary School 18 MARY STREETEast Launceston 7250 Primary Government 0.32 km
The Launceston Preparatory SchoolTop 5 117-119 ELPHIN RDLaunceston 7250 Primary Independent 0.62 km
St Thomas More's Catholic School 125 ABBOTT STNewstead 7250 Primary Catholic 0.83 km
John Calvin SchoolTop 10 53 HOWICK STLaunceston 7250 Combined Independent 1.16 km
Newstead Christian SchoolTop 20 Newstead 7250 Combined Independent 1.03 km
Glen Dhu Primary School 270 WELLINGTON STREETSouth Launceston 7249 Primary Government 1.99 km
Sacred Heart Catholic SchoolTop 20 227 YORK STREETLaunceston 7250 Primary Catholic 1.58 km
Punchbowl Primary School 146 PUNCHBOWL ROADLAUNCESTON 7249 Primary Government 1.92 km
Invermay Primary School 35 - 43 MAYNE STREETInvermay 7248 Primary Government 2.53 km