West Launceston, TAS 7250
Compare Part of Launceston
159.92 km
Distance from Hobart CBD
46 k
Population
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
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 | $650,000 | 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 | $630,000 | +25.6% | $325,000 | $1,380,000 | 69 |
| 2022 | $655,000 | +3.8% | $350,000 | $1,990,000 | 71 |
| 2023 | $575,000 | -13.9% | $382,100 | $1,262,500 | 76 |
| 2024 | $650,000 | +11.5% | $315,000 | $1,351,000 | 67 |
Median Sale Price
$625K
Based on 84 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
+7.9%
Current Median Price: $625,000
Previous Median Price: $575,500
Based on 152 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
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 | $650 | 68 |
| 2019 | $385 | +6.5% | $130 | $570 | 67 |
| 2020 | $400 | +3.8% | $150 | $600 | 66 |
| 2021 | $440 | +9.1% | $200 | $650 | 60 |
| 2022 | $500 | +12.0% | $290 | $900 | 67 |
| 2023 | $500 | 0.0% | $250 | $725 | 65 |
| 2024 | $495 | -1.0% | $270 | $850 | 56 |
Median Rent Price
$495
per week
Based on 65 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
-1.0%
Current Median Rent: $495
Previous Median Rent: $500
Based on 122 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.1%
Current Median Price: $625,000
Current Median rent: $495
Based on 149 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
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 |