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Profiles
Nearby Suburbs
Real Estate Market: Is South Launceston TAS 7249 a Good Suburb to Buy Into?
Housing Market in South Launceston
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
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| $525 | Bottom 33% |
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| Premium | Premium | Premium |
Housing Supply in South 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
South Launceston
31.5%
South Launceston
31.5%
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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| 0.4 | Bottom 27% | Data for Jul 2023 | ||
| 35.0 | Top 18% | Data for May 2023 | ||
| Premium | Premium | Premium | ||
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| 2 lots | Bottom 18% | Data for Mar 2023 | ||
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| 14 | Top 12% |
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Housing Stock Quality in South 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 | |
|---|---|---|---|---|
| 71.5% | Bottom 9% |
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| 2.2 | Bottom 26% | Data for Jan 2021 | ||
| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in South 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
South Launceston
30.6%
South Launceston
30.6%
Launceston and North East Tas
28.0%
Launceston and North East Tas
28.0%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 2.9 sq km | Bottom 30% |
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| 530 sqm per resident | Bottom 30% |
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Risk in South 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
South Launceston
46.0
South 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 | |
|---|---|---|---|---|
| 70.7% | Bottom 6% |
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| 29.3% | Top 6% |
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| 34 | Top 46% | Data for Jun 2023 | ||
| $1,590 | Bottom 31% |
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| 77 | Bottom 39% | Data for Jun 2023 | ||
| 70 | Bottom 22% | Data for Jun 2023 | ||
| 21.4% | Bottom 45% |
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| 33.5% | Bottom 35% |
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Housing Demand in South 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
South Launceston
72.9%
South Launceston
72.9%
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 | ||
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| 89600 | Top 32% |
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| 69600 | Top 21% |
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Unit Market in South Launceston
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $419 | Bottom 34% |
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| Premium | Premium | Premium | ||
| 81.7% | Top 31% |
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Businesses (96)
| Name | Address |
|---|---|
| Anstie Constructions | 27 Shamrock St W, South Launceston TAS 7249, Australia |
| Ascent Group | 3a Wilmot St, South Launceston TAS 7249, Australia |
| Cowan Building | 22 Mulgrave St, South Launceston TAS 7249, Australia |
| Edward Kretowicz | 4 Glenelg St, South Launceston TAS 7249, Australia |
| Davis Electrical | South Launceston TAS 7249, Australia |
Accommodation Options (7)
| Name | Address |
|---|---|
| Village Family Motor Inn | |
| Sandhill | 25, Waveney St |
| The Abel Tasman | 303, Hobart Rd |
| Village Family Motor Inn | 84-100 Westbury Rd |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Launceston |
Median House Rental Prices by Street (36)
| Level_0 | Street | Date | Median rent (per week) |
|---|---|---|---|
| 149424 | Galvin St | 13 Mar 2025 | $542 |
| 149426 | Garfield St | 13 Mar 2025 | $480 |
| 149427 | Gascoyne St | 13 Mar 2025 | $475 |
| 149432 | Glen Dhu St | 13 Mar 2025 | $490 |
| 149473 | Howick St | 13 Mar 2025 | $490 |
Median Unit Sale Prices by Street (100)
| Date | Median sale value | Street |
|---|---|---|
| 10 May 2024 | $389,000 | Westbury Rd |
| 10 May 2024 | $524,000 | Leslie St |
| 10 May 2024 | $547,000 | Weedon Ave |
| 10 May 2024 | $320,000 | Cridge St |
| 10 Apr 2024 | $304,500 | Waveney St |
Planning Applications: Dwellings (31)
| Headline | Place | Date |
|---|---|---|
| Residential - Partial demolition and construction of alterations and additions to a dwelling - Launceston City Council DA0001/2023 | 12 Talbot Road South Launceston, TAS, 7249 | 15 Jan 2023 |
| Business and Professional Services - Demolition of an existing building and construction of a new building (medical centre) - Launceston City Council DA0759/2022 | 337 Wellington Street South Launceston, TAS, 7249 | 08 Jan 2023 |
| Residential - Demolition of an existing outbuilding and construction of two additional dwellings - Launceston City Council DA0665/2022 | 3/88 Talbot Road South Launceston, TAS, 7249 | 04 Dec 2022 |
| Food Services - Change of use to operate approximately 13 food vans and construction of parking area and pedestrian access - Launceston City Council DA0559/2022 | 246-248 Wellington Street South Launceston, TAS, 7249 | 04 Dec 2022 |
| Visitor Accommodation - Construction of a dwelling for short term accommodation - Launceston City Council DA0679/2022 | 36 Garfield Street South Launceston, TAS, 7249 | 08 Nov 2022 |
Planning Applications: Industrial (2)
| Headline | Place | Date |
|---|---|---|
| Sports and Recreation - Partial change of use of warehouse to entertainment centre - Launceston City Council DA0552/2022 | 31-43 Thistle Street West South Launceston, TAS, 7249 | 10 Dec 2022 |
| Manufacturing and Processing - Change of use to confectionery/sweets production factory and a new sign - Launceston City Council DA0595/2022 | 31-43 Thistle Street West South Launceston, TAS, 7249 | 26 Nov 2022 |
Planning Applications: Other (5)
| Headline | Place | Date |
|---|---|---|
| Visitor Accommodation - Change of use to a holiday unit - Launceston City Council DA0684/2021 | 3/88 Talbot Road South Launceston, TAS, 7249 | 15 Nov 2021 |
| Bulky Goods Sales - Demolish existing building and construction of an office - Launceston City Council DA0669/2021 | 192 Wellington Street South Launceston, TAS, 7249 | 09 Nov 2021 |
| Signs - Installation of signage including an illuminated sign - Launceston City Council DA0562/2021 | 319-321 Wellington Street South Launceston, TAS, 7249 | 03 Oct 2021 |
| Business and Professional Services - Change of use to consulting rooms - Launceston City Council DA0350/2021 | 355 Wellington Street South Launceston, TAS, 7249 | 01 Jul 2021 |
| Signs - Install new signs including an illuminated sign (retrospective) - Launceston City Council DA0233/2021 | 267 Wellington Street South Launceston, TAS, 7249 | 05 May 2021 |
Percent of Renters by Street (76)
| Percent of Renters | Street |
|---|---|
| 44.0% | Aberdeen Ct |
| 0.0% | Ainslie Gr |
| 76.8% | Bailey St |
| 32.3% | Bell St |
| 23.7% | Bellevue Ave |
Turnover Rate by Street (75)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 92.9% | Mulgrave St | high turnover | Every 10.8 years (high turnover) | 2025 |
| 127.5% | Wellington St | very high turnover | Every 7.8 years (very high turnover) | 2025 |
| 127.7% | Westbury Rd | very high turnover | Every 7.8 years (very high turnover) | 2025 |
| 82.6% | Eardley St | average turnover | Every 12.1 years (average turnover) | 2025 |
| 110.6% | Leslie St | very high turnover | Every 9.0 years (very high turnover) | 2025 |
Median House Sale Prices by Street (100)
| Street | Date | Median sale value |
|---|---|---|
| Chungon Cr | 10 May 2024 | $599,500 |
| Collins St | 10 May 2024 | $522,000 |
| Wellington St | 10 May 2024 | $525,000 |
| West St | 10 May 2024 | $532,500 |
| Weedon Ave | 10 May 2024 | $563,800 |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 39 Garfield St | Price Withheld | 2.0 | 1.0 | 1.0 | 03 Mar 2025 | 0 | On Market |
| 54a Mulgrave St | $1,475,000 | 4.0 | 3.0 | 5.0 | 24 Feb 2025 | 0 | On Market |
| 447 Wellington St | $554,000 | 3.0 | 1.0 | 1.0 | 04 Feb 2025 | 0 | On Market |
| 25 Melbourne St | $662,000 | 3.0 | 1.0 | 2.0 | 28 Jan 2025 | 0 | On Market |
| 15 Leslie St | $630,000 | 3.0 | 1.0 | 2.0 | 28 Jan 2025 | 0 | On Market |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| Unit 1, 11 Garfield St | $520 | 2 | 1 | 1 | 11 Mar 2025 | 0 |
| 9 Galvin St | $625 | 4 | 2 | 1 | 05 Mar 2025 | 0 |
| 9 Galvin St | $625 | 4 | 2 | 1 | 05 Mar 2025 | 0 |
| 2 Merivale St | $670 | 3 | 3 | 1 | 04 Mar 2025 | 0 |
| 2 Merivale St | $670 | 3 | 3 | 1 | 04 Mar 2025 | 0 |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| 14a Peel St | $250 | 0.0 | 1.0 | 0.0 | 25 Feb 2025 |
| 14a Peel St | $250 | 0.0 | 1.0 | 0.0 | 25 Feb 2025 |
| 14a Peel St | $250 | 0.0 | 1.0 | 0.0 | 25 Feb 2025 |
| 14a Peel St | $250 | 0.0 | 1.0 | 0.0 | 25 Feb 2025 |
| Unit 4, 35 Hampden St | $420 | 1.0 | 1.0 | 1.0 | 20 Feb 2025 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 39 Garfield St | Price Withheld | 2.0 | 1.0 | 1.0 | 03 Mar 2025 | On Market |
| Unit 1, 3-7 Chungon Cr | $615,000 | 3.0 | 2.0 | 3.0 | 26 Dec 2024 | On Market |
| Unit 1, 3-7 Chungon Cr | $615,000 | 3.0 | 2.0 | 3.0 | 26 Dec 2024 | On Market |
| Unit 1, 3-7 Chungon Cr | $615,000 | 3.0 | 2.0 | 3.0 | 26 Dec 2024 | On Market |
| Unit 1, 3-7 Chungon Cr | $615,000 | 3.0 | 2.0 | 3.0 | 26 Dec 2024 | On Market |
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