West Launceston, TAS 7250
Compare Part of Launceston
159.92 km
Distance from Hobart CBD
46 k
Population
Median Sale Price
House
$449K
Updated on Dec 2020
2 BR $360K | 3 BR $410K | 4 BR $575K |
Unit
$290K
Updated on Dec 2020
1 BR - | 2 BR $285K | 3 BR $320K |
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 | 114 |
| 2014 | $286,500 | -1.2% | $165,000 | $690,000 | 100 |
| 2015 | $310,000 | +7.6% | $170,000 | $600,000 | 74 |
| 2016 | $300,000 | -3.3% | $142,500 | $726,000 | 65 |
| 2017 | $335,000 | +10.4% | $207,000 | $900,000 | 101 |
| 2018 | $386,000 | +13.2% | $175,500 | $750,000 | 86 |
| 2019 | $389,500 | +0.9% | $235,000 | $685,000 | 74 |
| 2020 | $442,000 | +11.9% | $223,000 | $1,295,000 | 78 |
| 2021 | $435,000 | -1.6% | $361,000 | $990,000 | 6 |
Median Sale Price
$440K
Based on 77 recorded sales within the last 12 months
Updated on 26 Jan 2021
Suburb Growth
+11.4%
Current Median Price: $440,000
Previous Median Price: $390,000
Based on 152 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$390
Updated on Dec 2020
2 BR $350 | 3 BR $393 | 4 BR $440 |
Unit
$290
Updated on Dec 2020
1 BR $203 | 2 BR $313 | 3 BR $365 |
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 | $620 | 68 |
| 2019 | $380 | +5.3% | $130 | $570 | 67 |
| 2020 | $400 | +5.0% | $150 | $600 | 65 |
| 2021 | - | - | - | - | - |
Median Rent Price
$390
per week
Based on 59 recorded rent within the last 12 months
Updated on 26 Jan 2021
Rent Price Growth
+2.6%
Current Median Rent: $390
Previous Median Rent: $380
Based on 129 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.6%
Current Median Price: $440,000
Current Median rent: $390
Based on 136 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For West Launceston
Houses sold in Last 12 months ends 23 Jan 2021
$0M
Median Sale Price
100%
Clearance Rate
2/2
Sold/Reported
$0M
Highest Sale Price
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 |