West Launceston, TAS 7250
Compare Part of Launceston
159.92 km
Distance from Hobart CBD
46 k
Population
Median Sale Price
House
$405K
Updated on Aug 2020
2 BR $340K | 3 BR $396K | 4 BR $525K |
Unit
$280K
Updated on Aug 2020
1 BR - | 2 BR $274K | 3 BR $335K |
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 | $410,000 | +5.0% | $223,000 | $1,295,000 | 50 |
Median Sale Price
$396K
Based on 68 recorded sales within the last 12 months
Updated on 1 Oct 2020
Suburb Growth
-0.8%
Current Median Price: $396,000
Previous Median Price: $399,000
Based on 143 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2020)
Price Range Segments (12 months ending Sep 2020)
Median Weekly Rent Price
House
$380
Updated on Aug 2020
2 BR $350 | 3 BR $380 | 4 BR $430 |
Unit
$270
Updated on Aug 2020
1 BR $200 | 2 BR $285 | 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 | $600 | 68 |
| 2019 | $370 | +2.7% | $130 | $570 | 67 |
| 2020 | $400 | +7.5% | $150 | $600 | 43 |
Median Rent Price
$395
per week
Based on 57 recorded rent within the last 12 months
Updated on 1 Oct 2020
Rent Price Growth
+7.6%
Current Median Rent: $395
Previous Median Rent: $365
Based on 127 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.2%
Current Median Price: $396,000
Current Median rent: $395
Based on 125 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2020)
Auction Results For West Launceston
Houses sold in Last 12 months ends 26 Sep 2020
$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 |