West Launceston, TAS 7250
Compare Part of Launceston
159.92 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 | $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 | $686,000 | +16.2% | $545,000 | $1,075,000 | 18 |
Median Sale Price
$590K
Based on 73 recorded sales within the last 12 months
Updated on 18 Apr 2024
Suburb Growth
-5.1%
Current Median Price: $590,000
Previous Median Price: $620,000
Based on 143 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 | $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 | $380 | +5.3% | $130 | $570 | 67 |
| 2020 | $400 | +5.0% | $150 | $600 | 66 |
| 2021 | $430 | +7.0% | $200 | $650 | 60 |
| 2022 | $500 | +14.0% | $290 | $900 | 67 |
| 2023 | $500 | 0.0% | $250 | $725 | 65 |
| 2024 | $530 | +5.7% | $270 | $850 | 19 |
Median Rent Price
$510
per week
Based on 61 recorded rent within the last 12 months
Updated on 18 Apr 2024
Rent Price Growth
+3.9%
Current Median Rent: $510
Previous Median Rent: $490
Based on 132 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.5%
Current Median Price: $590,000
Current Median rent: $510
Based on 134 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 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 |