14 Spencer Street, East Launceston TAS 7250
This property is Off Market
- The Average property price in this area is $491,777, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 44.61 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Launceston
With an average age of 43, households expect an average monthly mortgage payment of $1,695 or a weekly rent payment of $320. The average family earns a weekly income of $2,420 with a typical household size of 2.3 and a 94.62% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in East Launceston ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in East Launceston classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in East Launceston requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
East Tamar
Penny Royal
Tamar River Cruises
General Points of Interest
Northern Athletics Centre
BMX track
Bundaleera Wines
Trevallyn War Memorial
Penny Royal Windmill
Poppy Garden
Launceston Aquatic
Statue of Venus
Senses Garden Fountain
Horse Riding Area
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 795 asthma sufferers and 263 people living with diabetes. In addition, 296 people have a heart/vascular condition and 453 people live with three or more chronic diseases.A good place to invest in property?
Launceston a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
Income
71 / 100
41 / 100
Industry
44 / 100
40 / 100
Population
49 / 100
40 / 100
House Prices
69 / 100
65 / 100
Jobs
45 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsEast Launceston Primary School
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The Launceston Preparatory School
Launceston, TAS, 7250 Independent Prep-6 -
John Calvin School
Launceston, TAS, 7250 Independent Prep-10 -
Launceston College
Launceston, TAS, 7250 State 11-12 -
Sacred Heart Catholic School
Launceston, TAS, 7250 Independent Prep-6 -
St Thomas More's Catholic School
Newstead, TAS, 7250 Independent Prep-6 -
Newstead Christian School
Newstead, TAS, 7250 Independent Prep-10 -
East Launceston Primary School
East Launceston, TAS, 7250 State K-6 -
Tamar Valley Steiner School
Launceston, TAS, 7250 Independent Prep-6
Property Story
14 Spencer Street, East Launceston, Tas, 7250 is a residential property . The estimated distance to the sea is 44.61km and at least 1.39KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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