South Launceston Suburb ProfileTasmania 7249
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South Launceston has 2,421 properties. Over the last 5 years, Houses in South Launceston have seen a 48.79% increase in median value, while Units have seen a 67.05% increase. As at 31 October 2025:
- The median value for Houses in South Launceston is $549,957 while the median value for Units is $430,952.
- Houses have a median rent of $485 while Units have a median rent of $445.
The size of South Launceston is approximately 2.8 square kilometres. It has 8 parks covering nearly 5.4% of total area. The population of South Launceston in 2016 was 4592 people. By 2021 the population was 4894 showing a population growth of 6.6% in the area during that time. The predominant age group in South Launceston is 20-29 years. Households in South Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Launceston work in a professional occupation.In 2021, 51.20% of the homes in South Launceston were owner-occupied compared with 52.60% in 2016.
Market Insights
South Launceston Trends for Houses
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South Launceston Trends for Units
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Neighbourhood Insights
Age
Population 4894
0-9
11%
10-19
10%
20-29
18%
30-39
17%
40-49
12%
50-59
11%
60-69
9%
70-79
7%
80-89
5%
90-99
2%
Household Structure
Occupancy
Recent Sales in SOUTH LAUNCESTON 7249
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Properties for sale in SOUTH LAUNCESTON 7249
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Last Updated: 05/12/2025
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