All Topics / General Property / Anubis’ guide to Launceston Tas

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  • Profile photo of ANUBIS

    Just thought I’d give everyone a quick view of Launceston. This covers the main suburbs in the West and West Tamar. Hope you find it interesting or get some value from it. Other areas to follow.

    Legana – very much a growing area over the past few years. Situated on West Tamar, a few km past Riverside, but within 10-12km of the Launceston CBD. Has been a lot of development and now has local shopping with supermarket, service stations, bakery, and tavern/bottle shop. Closest government schools (Primary and High) are located in Riverside – a 5-7 minute drive. Prices are fairly high in comparison to other areas, and is semi-desirable address.

    Expect to Pay – from 250,000 for established 3-bedroom house

    Rental range – 180pw to 280pw (Not a huge renters area as it’s considered a fair way from the city)

    Riverside – Situated on West Tamar, bordering Trevallyn, but within 5-8km of Launceston CBD. Riverside is mainly an older suburb with most expansion in the 1940’s to 1970’s. Has all amenities within close reach – such as supermarkets, shops, banking facilities, public transport. Has government primary and high schools within suburb. I understand that there is a new subdivision in the approvals process – between 60 and 100 blocks of which many should have views of city and water – expect to pay around 80-100k for a block.

    Expect to Pay – from 150,000 for established 3-bedroom house

    Rental range – 140pw to 240pw (expect newer places to rent higher)

    Trevallyn – Borders the city, Riverside, and West Launceston, within 2-4 km of Launceston CBD. Trevallyn is an older suburb that is perched on a hill overlooking Launceston and surrounding areas, and majestic views are common. Being a mountain goat may help you get around Trevallyn. Easy access also to the Cataract Gorge and walking tracks. Some very old large houses in this area. There is a primary school within the suburb but no high school – Riverside High a 5-minute drive away. Has all amenities within close reach – such as supermarkets, shops, public transport.

    Expect to Pay – from 160,000 for established 3-bedroom house

    Rental range – 160pw to 280pw (most rentals would be in the middle, to higher end of this range)

    West Launceston – Borders the city, Trevallyn, Summerhill and Prospect, – within 5km of the Launceston CBD. Similar to Trevallyn in that the suburb is partially built on hill and may have some city views depending on location. Easy access to the Cataract Gorge and walking paths. Has a primary school but no high school – nearest would be Prospect High School, 5-10 minutes away. Has all amenities within close reach – such as supermarkets, shops, public transport.

    Expect to Pay – from 145,000 for established 3-bedroom house

    Rental range – 160pw to 300pw (Some top end properties in this area, but the pool willing to pay this high is smaller)

    Summerhill – Borders Prospect and West Launceston. Within 5-7km of the Launceston CBD. The majority of homes in Summerhill appear to have been built in the 50’s, 60’s and 70’s in red brick and grey brick and can be quite unattractive. This however is a popular suburb with families and has a well regarded primary school within its borders. The nearest high school is Prospect High, around 5 minutes drive away. There is a small housing commission section within this suburb that so some careful checking can be required. Has all amenities within close reach – such as supermarkets, shops, public transport, banking facilities.

    Expect to Pay – from 150,000 for established 3-bedroom house

    Rental range – 130pw – 200pw (This is probably the key range for this area)

    Prospect – Borders Summerhill. Within 7-9km of the Launceston CBD. Prospect is split into several sections – it has the 60,s and 70’s type houses common to Riverside or West Launceston, but it has sub divisions created in the 80’s, 90’s and still going now. Home to the Launceston Casino and a large supermarket based shopping mall, Prospect can be considered self-contained for facilities. Also home to Prospect High and St Patrick’s College (Launceston’s Catholic High School). Popular area for renters (Disclaimer: author owns property in this suburb)

    Expect to Pay – from 135,000 for established 3-bedroom house

    Rental range – 150pw – 220pw (above 220pw and you may find it difficult to find tenants)

    Profile photo of aussierogueaussierogue
    Participant
    @aussierogue
    Join Date: 2003
    Post Count: 983

    how about mowbray? i hear the golf course isnt too bad..

    Profile photo of ANUBIS

    Coming up in another exciting edition of Anubis’ guide to Launceston! Mowbray is a northern suburb this just covers the west and west tamar.

    The golf course is quite good though ;-)

    Try Launceston at Kings Meadows – probably the best in town.

    Profile photo of YorkerYorker
    Member
    @yorker
    Join Date: 2004
    Post Count: 306

    Anubis,

    how is the region of Davenport?

    Profile photo of The DIY Dog WashThe DIY Dog Wash
    Member
    @the-diy-dog-wash
    Join Date: 2003
    Post Count: 696

    That’s brilliant Anubis, thanks.

    Can’t wait for the second book!!!!

    Cheers
    Leigh K[biggrin]

    Profile photo of ANUBIS

    Thanks Leigh – I’m blushing[blush2].

    There have been a lot of questions about investing in Tas so I thought I’d share my knowledge from living there until a few years ago. I’ll cover the rest of Launceston over the next few days.

    Profile photo of ANUBIS
    Originally posted by Yorker:

    Anubis,

    how is the region of Davenport?

    Yorker – my knowledge is limited really to Hobart and Launceston. I’ve never really liked Devonport or Burnie but I do know of new subdivisions going ahead in Burnie which is a good sign.

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663

    Anubis, great contribution, great idea. We should look at same for ALL States in Australia. Cheers[biggrin]

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