West Launceston, TAS 7250
Compare Part of Launceston
159.92 km
Distance from Hobart CBD
46 k
Population
Median Sale Price
House
-
Updated on Jul 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 2023
1 BR - | 2 BR - | 3 BR - |
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 | 69 |
| 2022 | $655,000 | +5.3% | $350,000 | $1,990,000 | 71 |
| 2023 | $576,900 | -13.5% | $382,100 | $1,262,500 | 49 |
Median Sale Price
$600K
Based on 71 recorded sales within the last 12 months
Updated on 25 Sep 2023
Suburb Growth
-15.0%
Current Median Price: $600,000
Previous Median Price: $690,000
Based on 135 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2023)
Price Range Segments (12 months ending Aug 2023)
Median Weekly Rent Price
House
-
Updated on Jul 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 2023
1 BR - | 2 BR - | 3 BR - |
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 | $500 | +14.0% | $280 | $900 | 67 |
| 2023 | $500 | 0.0% | $340 | $700 | 41 |
Median Rent Price
$510
per week
Based on 51 recorded rent within the last 12 months
Updated on 25 Sep 2023
Rent Price Growth
+3.9%
Current Median Rent: $510
Previous Median Rent: $490
Based on 123 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.4%
Current Median Price: $600,000
Current Median rent: $510
Based on 122 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2023)
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 |