Thinking about buying in South Launceston? Now could not be a better time, with 3421 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $274,000 with prices in this suburb ranging from $21,000 to $1,527,000. The aproximate distance to the coast is 45 Km.

South Launceston Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine South Launceston due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in South Launceston provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in South Launceston necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.

Houses for sale South Launceston

	37 talbot rd, south launceston, tas, 7249	4	3	2	Offers Over $750,000
	12 collins st, south launceston, tas, 7249	4	2	2	Best Offer Over $495,000
	flat 21, 19 pedder st, south launceston, tas, 7249	2	1	1	Best Offer Over $575,000
	unit 2, 14 peel st, south launceston, tas, 7249	3	2	1	649000
	53 normanstone rd, south launceston, tas, 7249	4	2	6	Offers Over $696,000
	unit 1, 3 powena st, south launceston, tas, 7249	2	1	1	Offers Around $645,000

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Internet Speed

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General Points of Interest

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