East Launceston, TAS 7250
Compare Part of Launceston
161.08 km
Distance from Hobart CBD
46 k
Population
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 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 | 38 |
| 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 | $394,000 | -0.3% | $120,000 | $800,000 | 51 |
| 2016 | $415,000 | +5.1% | $224,000 | $1,200,000 | 43 |
| 2017 | $520,000 | +20.2% | $155,000 | $2,700,000 | 53 |
| 2018 | $520,000 | 0.0% | $166,000 | $1,245,000 | 34 |
| 2019 | $535,000 | +2.8% | $230,000 | $1,100,000 | 33 |
| 2020 | $588,500 | +9.1% | $190,000 | $2,100,000 | 47 |
| 2021 | $832,000 | +29.3% | $450,000 | $3,250,000 | 53 |
| 2022 | $1,000,000 | +16.8% | $350,000 | $2,775,000 | 29 |
| 2023 | $900,000 | -11.1% | $540,000 | $2,175,000 | 33 |
| 2024 | $645,000 | -39.5% | $495,000 | $1,600,000 | 10 |
Median Sale Price
$790K
Based on 34 recorded sales within the last 12 months
Updated on 21 Apr 2024
Suburb Growth
-26.6%
Current Median Price: $790,000
Previous Median Price: $1,000,000
Based on 64 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | $570 | 0.0% | $570 | $570 | 1 |
| 2013 | $390 | -46.2% | $300 | $550 | 4 |
| 2014 | $390 | 0.0% | $220 | $620 | 28 |
| 2015 | $350 | -11.4% | $165 | $580 | 58 |
| 2016 | $390 | +10.3% | $150 | $650 | 48 |
| 2017 | $370 | -5.4% | $165 | $600 | 41 |
| 2018 | $410 | +9.8% | $190 | $600 | 39 |
| 2019 | $435 | +5.7% | $205 | $650 | 33 |
| 2020 | $420 | -3.6% | $230 | $650 | 33 |
| 2021 | $530 | +20.8% | $280 | $825 | 39 |
| 2022 | $520 | -1.9% | $300 | $775 | 38 |
| 2023 | $570 | +8.8% | $280 | $1,000 | 44 |
| 2024 | $550 | -3.6% | $380 | $1,200 | 15 |
Median Rent Price
$550
per week
Based on 50 recorded rent within the last 12 months
Updated on 21 Apr 2024
Rent Price Growth
+5.5%
Current Median Rent: $550
Previous Median Rent: $520
Based on 88 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $790,000
Current Median rent: $550
Based on 84 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
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 |