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Real Estate Market: Is Upper Esk TAS 7214 a Good Suburb to Buy Into?

Housing Market in Upper Esk
Key Upper Esk 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
$547 Bottom 42% 59% to Dec 2025
Smart median sale price: All houses
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Housing Supply in Upper Esk
Upper Esk 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
9.5 Top 17% 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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Days on market: units
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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 Upper Esk
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
1.9 Bottom 11% 98% to Jan 2021
NBN connection: fibreoptic cable to node
0.0% Bottom 37% Data for Jun 2023
Development Restrictions in Upper Esk
Upper Esk 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 Upper Esk
Upper Esk 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
57 Top 8% Data for Jun 2023
Rent Affordability Index (Houses)
68 Bottom 8% Data for Jun 2023
Rent Affordability Index (Units)
61 Bottom 5% Data for Jun 2023
Mortgage as a percent of income
29.3% Top 17% 152% to Jan 2021
Housing Demand in Upper Esk
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)
41100 Bottom 26% 12% to Dec 2023
Historical population growth
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Population (LGA)
6380 Bottom 36% 13% 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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Unit Market in Upper Esk
Upper Esk Unit Investor Report
Sample Graphic
Sources: Property Listings and Microburbs, 2002 - 2023
Field Value VS Launceston and North East Tas Trend
Median yield for units
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Smart median rent: All units
$450 Top 48% 98% to Dec 2025
Smart median sale price: All units
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Unit to house ratio
57.3% Bottom 33% 1% to Dec 2025
LGA Details (1)
Percent of Renters by Street (1)
Turnover Rate by Street (1)
Recently Sold Houses (7)
Recently Sold Units (100)
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