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Real Estate Market: Is Westwood (Tas.) TAS 7292 a Good Suburb to Buy Into?

Housing Market in Westwood (Tas.)
Key Westwood (Tas.) Metrics & Forecast to 2028
Sample Graphic
Sources: Property Listings and Microburbs, 2002 - 2023
Field Value VS Launceston and North East Tas Trend
Capital Growth Forecast: Houses
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Capital Growth Forecast: Houses (2-Year Outlook)
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Median yield for houses
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Smart median rent: All houses
$574 Bottom 48% 77% to Nov 2025
Smart median sale price: All houses
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Housing Supply in Westwood (Tas.)
Westwood (Tas.) Real Estate Investor Report
Sample Graphic
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023
Field Value VS Launceston and North East Tas Trend
Development applications
0 Bottom 38% Data for Jun 2025
Developments
2.3 Top 48% Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)
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Days on market: houses
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Volume of houses sold in the last 30 days
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Stock on Market
0 Bottom 27% Data for Dec 2025
Housing Stock Quality in Westwood (Tas.)
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Field Value VS Launceston and North East Tas Trend
Houses
100.0% Top 31% Data for Jan 2021
Average bedrooms - all homes
3.2 Top 6% 131% to Jan 2021
NBN connection: fibreoptic cable to node
0.1% Top 23% Data for Jun 2023
Development Restrictions in Westwood (Tas.)
Westwood (Tas.) Zoning Map
Sample Graphic
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Field Value VS Launceston and North East Tas Trend
Risk in Westwood (Tas.)
Westwood (Tas.) Risk Report
Sample Graphic
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Field Value VS Launceston and North East Tas Trend
Housing Affordability Index
41 Top 26% Data for Jun 2023
Rent Affordability Index (Houses)
73 Bottom 21% Data for Jun 2023
Rent Affordability Index (Units)
67 Bottom 14% Data for Jun 2023
Mortgage as a percent of income
7.7% Bottom 14% 68% to Jan 2021
Housing Demand in Westwood (Tas.)
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Field Value VS Launceston and North East Tas Trend
Net internal migration (LGA)
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Net overseas migration (LGA)
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Historical Population (SA3)
25200 Bottom 12% 16% to Dec 2023
Historical population growth
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Population (LGA)
19900 Top 42% 9% to Dec 2030
Population Projection (LGA)
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Auction clearance rate
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Proportion of distressed listings
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Percent of Renters by Street (2)
Turnover Rate by Street (1)
LGA Details (1)
Businesses (1)
Recently Sold Houses (3)
Recent Rental Unit Listings (100)
Recent Rental House Listings (82)
Recently Sold Units (100)
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