420/3-11 Earl StreetLaunceston TAS 7250
Property Details for 420/3-11 Earl St, Launceston
Last Listing description (July 2018)
Investing in property needn't mean endless searches for quality tenants, condition reports or regular inspections. It can be a hands off, stress free investment and even provide you with an annual holiday - and that's exactly what this investment opportunity offers.
With Best Western, a well recognised accommodation provider as your tenant you can rest easy and collect the rent, approximately 5%-6% returns. You're even entitled to 4 nights free accommodation in the hotel which is located in the heart of Launceston, handy to all attractions.
Call for more details.
Property History for 420/3-11 Earl St, Launceston, TAS 7250
- 07 Feb 2014Listed for Sale $149,000
- 07 Mar 2008Sold for $150,000
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0About Launceston 7250
The size of Launceston is approximately 4.5 square kilometres. There are 13 parks, covering nearly 16.4% of the total area. The population of Launceston in 2016 was 2944 people. By 2021 the population was 3110 showing a population growth of 5.6% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation.In 2021, 46.80% of the homes in Launceston were owner-occupied compared with 48.20% in 2016.
Launceston has 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 29.47% increase in median value, while Units have seen a 24.45% increase. As at 31 May 2026:
- The median value for Houses in Launceston is $854,205 while the median value for Units is $556,922.
- Houses have a median rent of $580 while Units have a median rent of $450.
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