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Profiles
Nearby Suburbs
Real Estate Market: Is Launceston TAS 7250 a Good Suburb to Buy Into?
Housing Market in Launceston
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
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| $538 | Bottom 33% |
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| Premium | Premium | Premium |
Housing Supply in Launceston
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Launceston
27.3%
Launceston
27.3%
Launceston and North East Tas
37.5%
Launceston and North East Tas
37.5%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% |
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| 0.6 | Bottom 30% | Data for Jul 2023 | ||
| 42.3 | Top 16% | Data for May 2023 | ||
| Premium | Premium | Premium | ||
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| 2 lots | Bottom 13% | Data for Feb 2022 | ||
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| 13 | Top 11% |
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Housing Stock Quality in Launceston
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 39.8% | Bottom 3% |
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| 2.0 | Bottom 15% | Data for Jan 2021 | ||
| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Launceston
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Launceston
48.1%
Launceston
48.1%
Launceston and North East Tas
28.0%
Launceston and North East Tas
28.0%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 4.6 sq km | Bottom 39% | Data for Jan 2021 | ||
| 446 sqm per resident | Bottom 25% | Data for Jan 2021 |
Risk in Launceston
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Launceston
46.0
Launceston
46.0
Launceston and North East Tas
39.4
Launceston and North East Tas
39.4
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 61.5% | Bottom 3% |
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| 38.5% | Top 3% |
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| 34 | Top 44% | Data for Jun 2023 | ||
| $2,090 | Top 41% |
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| 80 | Top 41% | Data for Jun 2023 | ||
| 74 | Bottom 36% | Data for Jun 2023 | ||
| 24.4% | Top 37% |
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| 19.0% | Bottom 6% |
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Housing Demand in Launceston
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, 2004 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030
Launceston
71.6%
Launceston
71.6%
Launceston and North East Tas
54.8%
Launceston and North East Tas
54.8%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 89600 | Top 32% |
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| 69600 | Top 21% |
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Unit Market in Launceston
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $403 | Bottom 19% |
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| Premium | Premium | Premium | ||
| 65.2% | Bottom 36% |
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LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Launceston |
Median House Rental Prices by Street (28)
| Street | Date | Median rent (per week) |
|---|---|---|
| Frankland St | 25 Apr 2025 | $400 |
| George St | 25 Apr 2025 | $595 |
| Elizabeth St | 25 Apr 2025 | $540 |
| Elphin Rd | 25 Apr 2025 | $545 |
| Balfour St | 25 Apr 2025 | $512 |
Accommodation Options (87)
| Headline | Place | Datetime |
|---|---|---|
| 41 On York | Apt 5/41 York St | |
| 41 on York | 41 York St | |
| Adina Place Motel Apartments | 50 York St | |
| Alice's Cottages | 121-129 Balfour St | |
| Apartments at York Mansions | 9-11 York St |
Realtors (23)
| Headline | Place | Datetime |
|---|---|---|
| 6ty Pty Ltd | Tamar Suite 103 287 Charles St | |
| @Home Property Management Solutions | 116A St John St | |
| @home Property Management Solutions | 116A St John St | |
| Bushby Property Group | 117 Cimitiere St | |
| Elders Town Shearing | 58 Elizabeth St |
Median Unit Sale Prices by Street (100)
| Date | Median sale value | Street |
|---|---|---|
| 10 May 2024 | $699,000 | St John St |
| 10 May 2024 | $200,000 | York St |
| 10 May 2024 | $379,000 | Brisbane St |
| 10 May 2024 | $395,000 | High St |
| 10 May 2024 | $179,000 | Earl St |
Businesses (58)
| Name | Address |
|---|---|
| G.J. Gardner Homes-Launceston | 156 Elphin Rd, Launceston TAS 7250, Australia |
| Tas City Building | 58A Elizabeth St, Launceston TAS 7250, Australia |
| Core Construction Management | 52 Brisbane St, Launceston TAS 7250, Australia |
| Freeform Designs & Construction | 39 Paterson St, Launceston TAS 7250, Australia |
| Turner Building Contractors | 67 Margaret St, Launceston TAS 7250, Australia |
Percent of Renters by Street (78)
| Percent of Renters | Street |
|---|---|
| 31.1% | Alice Pl |
| 40.0% | Arthur St |
| 35.5% | Avalon Pl |
| 98.7% | Babington St |
| 91.2% | Balfour Pl |
Turnover Rate by Street (69)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 98.6% | St John St | high turnover | Every 10.1 years (high turnover) | 2025 |
| 95.2% | Lyttleton St | high turnover | Every 10.5 years (high turnover) | 2025 |
| 100.0% | Elphin Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 120.0% | French St | very high turnover | Every 8.3 years (very high turnover) | 2025 |
| 128.1% | Paterson St | very high turnover | Every 7.8 years (very high turnover) | 2025 |
Median House Sale Prices by Street (100)
| Street | Date | Median sale value |
|---|---|---|
| St John St | 10 May 2024 | $1,288,000 |
| Cimitiere St | 10 May 2024 | $490,000 |
| Charles St | 10 May 2024 | $750,000 |
| Balfour St | 10 May 2024 | $892,500 |
| Welman St | 10 May 2024 | $1,050,000 |
Planning Applications: Dwellings (49)
| Headline | Place | Date |
|---|---|---|
| Vehicle Fuel Sales and Service - Demolition of an existing service station - Launceston City Council DA0749/2022 | 207-215 Charles Street Launceston, TAS, 7250 | 13 Jan 2023 |
| Visitor Accommodation - Change of use for part of dwelling to short term accommodation - Launceston City Council DA0765/2022 | 174 George Street Launceston, TAS, 7250 | 08 Jan 2023 |
| Signs - Install an illuminated wall mural sign; Food services - Construction of a structure (3m high fence) - Launceston City Council DA0629/2022 | 68 St John Street Launceston, TAS, 7250 | 18 Dec 2022 |
| Utilities – Construction of a pedestrian and cyclist bridge extension and associated works, at part of the Boland Street road reserve (CT 144355/1) extending into 7 Willis Street, Launceston (CT 144356/1) - Launceston City Council DA0582/2022 | 7 Willis Street Launceston, TAS, 7250 | 18 Dec 2022 |
| Residential - Change of use of ten visitor accommodation to multiple dwellings - Launceston City Council DA0603/2022 | 13 Tamar Street Launceston, TAS, 7250 | 04 Dec 2022 |
Planning Applications: Other (48)
| Headline | Place | Date |
|---|---|---|
| Business and professional services - Change of use to a medical centre, alterations to associated car park and signage - Launceston City Council DA0488/2022 | 194-196 Cimitiere Street Launceston, TAS, 7250 | 26 Dec 2022 |
| Visitor Accommodation - Change of use to short term accommodation - Launceston City Council DA0745/2022 | 1/255 Charles Street Launceston, TAS, 7250 | 26 Dec 2022 |
| Signs - Installation of new signs including illuminated signs - Launceston City Council DA0674/2022 | 74-82 St John Street Launceston, TAS, 7250 | 04 Dec 2022 |
| Business and Professional Services - Partial change of use to medical centre (ground floor) and internal alterations; Signage, Repaint the facade - Launceston City Council DA0385/2022 | 101 Wellington Street Launceston, TAS, 7250 | 26 Nov 2022 |
| Business and professional services - Change of use to consulting rooms and signage - Launceston City Council DA0711/2022 | 24 Wellington Street Launceston, TAS, 7250 | 23 Nov 2022 |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 66a Elizabeth St | Price Withheld | 1.0 | 1.0 | 0.0 | 06 Mar 2025 | 0 | On Market |
| Unit 2, 39 Lawrence St | $420,000 | 2.0 | 1.0 | 1.0 | 05 Mar 2025 | 0 | On Market |
| 70 Frankland St | $560,000 | 2.0 | 1.0 | 2.0 | 26 Feb 2025 | 0 | On Market |
| 142 Bathurst St | $430,000 | 2.0 | 1.0 | 0.0 | 25 Feb 2025 | 0 | On Market |
| 14 Sheppy St | $632,500 | 3.0 | 1.0 | 24 Feb 2025 | 0 | On Market |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 171 York St | $415,000 | 2.0 | 1.0 | 1.0 | 28 Mar 2025 | On Market |
| 171 York St | $415,000 | 2.0 | 1.0 | 1.0 | 28 Mar 2025 | On Market |
| 171 York St | $415,000 | 2.0 | 1.0 | 1.0 | 28 Mar 2025 | On Market |
| 171 York St | $415,000 | 2.0 | 1.0 | 1.0 | 28 Mar 2025 | On Market |
| 171 York St | $415,000 | 2.0 | 1.0 | 1.0 | 28 Mar 2025 | On Market |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| Unit 3, 33 Frankland St | $460 | 4 | 1 | 2 | 24 Apr 2025 | 0 |
| Unit 3, 33 Frankland St | $460 | 4 | 1 | 2 | 24 Apr 2025 | 0 |
| Unit 3, 33 Frankland St | $460 | 4 | 1 | 2 | 24 Apr 2025 | 0 |
| 11 Yorktown Square | $550 | 3 | 1 | 23 Apr 2025 | 0 | |
| 11 Yorktown Square | $550 | 3 | 1 | 23 Apr 2025 | 0 |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| Unit 3, 221 Charles St | $340 | 1.0 | 1.0 | 1.0 | 16 Apr 2025 |
| Unit 3, 221 Charles St | $340 | 1.0 | 1.0 | 1.0 | 16 Apr 2025 |
| Unit 3, 221 Charles St | $340 | 1.0 | 1.0 | 1.0 | 16 Apr 2025 |
| Unit 3, 221 Charles St | $340 | 1.0 | 1.0 | 1.0 | 16 Apr 2025 |
| Unit 3, 221 Charles St | $340 | 1.0 | 1.0 | 1.0 | 16 Apr 2025 |
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