No matter where in TAS you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in LAUNCESTON , 7250 is $360,500 this month which means that a mortgage for 80% of that value would be $288,400.
LAUNCESTON, 7250 is number 2142th in a list of the country’s fastest growing suburbs, and number 48th in State. It has had an average population growth of -0.80 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,603 which is $494 more every month. As a percentage rise, this makes LAUNCESTON, 7250 the number 3350th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, LAUNCESTON TAS would be 1831th with 36.74.