Launceston Suburb Profile, TAS, 7250 (Pricing & Investment Data)

Launceston Suburb Profile
Tasmania 7250

Get email alerts for this suburb

Track this suburb to receive monthly email updates on median suburb statistics, properties sold and for sale and median property values.

Launceston has 3,719 properties. Over the last 5 years, Houses in Launceston have seen a 49.52% increase in median value, while Units have seen a 32.72% increase. As at 31 October 2025:

  • The median value for Houses in Launceston is $758,684 while the median value for Units is $492,183.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 29 properties listed for sale, and 11 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 108 properties were sold in the past 12 months in Launceston.

The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of 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.

Suburb Insights for LAUNCESTON 7250

Market Insights
Launceston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Launceston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age

Population 3110

0-9

 

6%

10-19

 

8%

20-29

 

20%

30-39

 

15%

40-49

 

12%

50-59

 

13%

60-69

 

14%

70-79

 

9%

80-89

 

3%

90-99

 

1%

Household Structure
Occupancy

Recent Sales in LAUNCESTON 7250

Properties for sale in LAUNCESTON 7250

Properties for rent in LAUNCESTON 7250

Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Last Updated: 06/12/2025

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

Real estate to buy in surrounding areas

Properties for sale in Launceston

Real estate to rent in surrounding areas

Properties for rent in Launceston 

Real estate data

Recent property sales in Launceston 
Estimated property values in Launceston

Find an agent

Compare real estate agents in Launceston 
Compare real estate agencies in Launceston

Local market investment data

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED