West Launceston, TAS 7250
Compare Part of Launceston
159.92 km
Distance from Hobart CBD
46 k
Population
Median Sale Price
House
$660K
Updated on May 2022
2 BR $570K | 3 BR $635K | 4 BR $664K |
Unit
$366K
Updated on May 2022
1 BR - | 2 BR $366K | 3 BR $591K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $280,000 | 0.0% | $122,500 | $620,000 | 91 |
| 2010 | $317,000 | +11.7% | $165,000 | $540,000 | 77 |
| 2011 | $300,000 | -5.7% | $185,000 | $580,000 | 67 |
| 2012 | $270,000 | -11.1% | $132,500 | $585,000 | 71 |
| 2013 | $290,000 | +6.9% | $137,000 | $635,200 | 115 |
| 2014 | $286,500 | -1.2% | $165,000 | $690,000 | 100 |
| 2015 | $310,000 | +7.6% | $170,000 | $600,000 | 75 |
| 2016 | $296,000 | -4.7% | $142,500 | $726,000 | 72 |
| 2017 | $335,000 | +11.6% | $207,000 | $900,000 | 106 |
| 2018 | $386,000 | +13.2% | $175,500 | $750,000 | 92 |
| 2019 | $387,500 | +0.4% | $235,000 | $685,000 | 78 |
| 2020 | $469,000 | +17.4% | $200,000 | $1,295,000 | 88 |
| 2021 | $620,000 | +24.4% | $325,000 | $1,380,000 | 68 |
| 2022 | $690,000 | +10.1% | $382,000 | $1,340,000 | 34 |
Median Sale Price
$670K
Based on 68 recorded sales within the last 12 months
Updated on 27 Jun 2022
Suburb Growth
+29.0%
Current Median Price: $670,000
Previous Median Price: $476,000
Based on 148 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$450
Updated on May 2022
2 BR $400 | 3 BR $470 | 4 BR $500 |
Unit
$330
Updated on May 2022
1 BR $225 | 2 BR $345 | 3 BR $550 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | $220 | 0.0% | $220 | $220 | 1 |
| 2013 | $380 | +42.1% | $380 | $380 | 1 |
| 2014 | $300 | -26.7% | $195 | $450 | 53 |
| 2015 | $300 | 0.0% | $115 | $490 | 69 |
| 2016 | $300 | 0.0% | $120 | $500 | 61 |
| 2017 | $320 | +6.3% | $125 | $550 | 57 |
| 2018 | $360 | +11.1% | $200 | $700 | 68 |
| 2019 | $380 | +5.3% | $130 | $570 | 67 |
| 2020 | $400 | +5.0% | $150 | $600 | 66 |
| 2021 | $430 | +7.0% | $200 | $650 | 60 |
| 2022 | $495 | +13.1% | $260 | $900 | 28 |
Median Rent Price
$470
per week
Based on 51 recorded rent within the last 12 months
Updated on 27 Jun 2022
Rent Price Growth
+10.6%
Current Median Rent: $470
Previous Median Rent: $420
Based on 116 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $670,000
Current Median rent: $470
Based on 119 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
Schools closest to West Launceston, TAS 7250
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| West Launceston Primary School | 24-38 BASIN ROADWest Launceston 7250 | Primary | Government | 0.22 km |
| Sacred Heart Catholic SchoolTop 20 | 227 YORK STREETLaunceston 7250 | Primary | Catholic | 0.9 km |
| John Calvin SchoolTop 10 | 53 HOWICK STLaunceston 7250 | Combined | Independent | 1.27 km |
| Glen Dhu Primary School | 270 WELLINGTON STREETSouth Launceston 7249 | Primary | Government | 1.31 km |
| Summerdale Primary School | 82 - 84 STANLEY STREETSummerhill 7250 | Primary | Government | 1.95 km |
| Trevallyn Primary School | 55 GORGE ROADLAUNCESTON 7250 | Primary | Government | 1.9 km |