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 | |
|---|---|---|---|---|
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| $577 | Bottom 45% |
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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
| 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 | ||
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| 2 lots | Bottom 13% | Data for Feb 2022 | ||
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| 14 | 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
| 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
| 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
| 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 Launceston
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $444 | Bottom 47% |
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| 70.6% | Top 40% |
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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 |
Planning Applications: Other (52)
| Headline | Place | Date |
|---|---|---|
| General Retail and Hire, Residential, Food Services, Business and Professional Services, Utilities (Minor) and Subdivision – Consolidation of two lots. Partial demolition of existing buildings, construction of a new building to accommodate 21 residential apartments, redevelopment of existing building and ground floor of new building to include shops, food services, offices and public laneway and amenity facilities, modification to building façade, installation of signage, and works above Dechaineux Way. - Launceston City Council DA0577/2025 | 118-122 Brisbane Street Launceston, TAS, 7250 | 15 Feb 2026 |
| Business and Professional Services - Installation of an illuminated digital wall sign - Launceston City Council DA0538/2025 | 91-97 Bathurst Street Launceston, TAS, 7250 | 12 Feb 2026 |
| Residential - Construction of a 6-storey building for social and affordable housing and associated uses in other tenancies; Business and Professional Services - Partial use for offices and consulting rooms; Community Meeting and Entertainment - Partial use as a community centre; Food Services - Partial use for a cafe; General Retail and Hire - Partial use as a shop - Launceston City Council DA0509/2025 | 103-109 Wellington Street Launceston, TAS, 7250 | 28 Dec 2025 |
| Residential - Construction of a 6-storey building for social and affordable housing and associated uses in other tenancies; Business and Professional Services - Partial use for offices and consulting rooms; Community Meeting and Entertainment - Partial use as a community centre; Food Services - Partial use for a cafe; General Retail and Hire - Partial use as a shop - Launceston City Council DA0509/2025 | 103-109 Wellington Street Launceston, TAS, 7250 | 28 Dec 2025 |
| Visitor Accommodation - Change of use to short-term accommodation - Launceston City Council DA0546/2025 | 52 Elizabeth Street Launceston, TAS, 7250 | 21 Dec 2025 |
Planning Applications: Dwellings (48)
| Headline | Place | Date |
|---|---|---|
| General Retail and Hire, Residential, Food Services, Business and Professional Services, Utilities (Minor) and Subdivision – Consolidation of two lots. Partial demolition of existing buildings, construction of a new building to accommodate 21 residential apartments, redevelopment of existing building and ground floor of new building to include shops, food services, offices and public laneway and amenity facilities, modification to building façade, installation of signage, and works above Dechaineux Way. - Launceston City Council DA0577/2025 | 118-122 Brisbane Street Launceston, TAS, 7250 | 15 Feb 2026 |
| General Retail and Hire - Construction of alterations and additions to a façade, installation of new signs and illumination of an existing under awning sign - Launceston City Council DA0579/2025 | 96 Charles Street Launceston, TAS, 7250 | 12 Feb 2026 |
| Residential - Construction of a 6-storey building for social and affordable housing and associated uses in other tenancies; Business and Professional Services - Partial use for offices and consulting rooms; Community Meeting and Entertainment - Partial use as a community centre; Food Services - Partial use for a cafe; General Retail and Hire - Partial use as a shop - Launceston City Council DA0509/2025 | 103-109 Wellington Street Launceston, TAS, 7250 | 28 Dec 2025 |
| Residential - Construction of alterations and additions to assisted housing - Launceston City Council DA0455/2025 | 15 Percy Street Launceston, TAS, 7250 | 21 Dec 2025 |
| Combined Planning Scheme amendment and Hospital Services - construction of a private hospital at 213-215 and 217-229 Wellington Street (DA0380/2024 & PSA-LLP0028) - Launceston City Council DA0380/2024 | 213-215 Wellington Street Launceston, TAS, 7250 | 21 Dec 2025 |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Launceston |
Median Unit Sale Prices by Street (13)
| Date | Median sale value | Street |
|---|---|---|
| 28 Mar 2026 | $771,400 | Bathurst St |
| 28 Mar 2026 | $424,000 | Brisbane St |
| 28 Mar 2026 | $588,700 | Cameron St |
| 28 Mar 2026 | $583,300 | Elizabeth St |
| 28 Mar 2026 | $553,600 | Elphin Rd |
Median House Rental Prices by Street (18)
| Level_0 | Street | Date | Median rent (per week) |
|---|---|---|---|
| 8699 | French St | 28 Mar 2026 | $712 |
| 8706 | George St | 28 Mar 2026 | $586 |
| 8694 | Frankland St | 28 Mar 2026 | $534 |
| 8676 | Edmund St | 28 Mar 2026 | $596 |
| 8677 | Elizabeth St | 28 Mar 2026 | $565 |
Median House Sale Prices by Street (18)
| Street | Date | Median sale value |
|---|---|---|
| Balfour St | 28 Mar 2026 | $1,150,000 |
| Batten St | 28 Mar 2026 | $745,700 |
| Bourke St | 28 Mar 2026 | $658,200 |
| Canning St | 28 Mar 2026 | $1,023,000 |
| Charles St | 28 Mar 2026 | $1,129,000 |
Percent of Renters by Street (100)
| Percent of Renters | Street |
|---|---|
| 23.8% | Alice Pl |
| 80.0% | Arthur St |
| 0.0% | Arthur Street |
| 29.4% | Avalon Pl |
| 42.9% | Avalon Place |
Turnover Rate by Street (68)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 81.0% | Arthur St | average turnover | Every 12.4 years (average turnover) | 2026 |
| 76.5% | Maitland St | average turnover | Every 13.1 years (average turnover) | 2026 |
| 118.8% | Paterson St | very high turnover | Every 8.4 years (very high turnover) | 2026 |
| 42.9% | My St | very tightly held | Every 23.3 years (very tightly held) | 2026 |
| 83.0% | Welman St | average turnover | Every 12.1 years (average turnover) | 2026 |
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 |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 114 Balfour St | $860,000 | 3.0 | 2.0 | 2.0 | 02 Feb 2026 | 0 | On Market |
| 47 Cimitiere St | $715,000 | 3.0 | 1.0 | 2.0 | 29 Jan 2026 | 0 | On Market |
| 193 St John St | $940,000 | 4.0 | 3.0 | 2.0 | 15 Jan 2026 | 0 | On Market |
| 4 Claremont St | Price Withheld | 3.0 | 2.0 | 1.0 | 12 Jan 2026 | 0 | On Market |
| 94 Frederick St | Price Withheld | 3.0 | 1.0 | 2.0 | 24 Dec 2025 | 0 | On Market |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 11 Upton St | $800 | 3 | 2 | 4 | 06 Feb 2026 | 0 |
| 11 Upton St | $800 | 3 | 2 | 4 | 06 Feb 2026 | 0 |
| 62 Elphin Rd | $1,395 | 8 | 2 | 03 Feb 2026 | 0 | |
| 193 St John St | $1,645 | 8 | 3 | 03 Feb 2026 | 0 | |
| 193 St John St | $1,645 | 8 | 3 | 03 Feb 2026 | 0 |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| 82a Canning St | $300 | 2.0 | 1.0 | 23 Jan 2026 | |
| 58a York St | $500 | 2.0 | 1.0 | 1.0 | 16 Jan 2026 |
| 58a York St | $500 | 2.0 | 1.0 | 1.0 | 16 Jan 2026 |
| Unit 16, 39 Lawrence St | $450 | 2.0 | 1.0 | 1.0 | 24 Dec 2025 |
| Unit 16, 39 Lawrence St | $450 | 2.0 | 1.0 | 1.0 | 24 Dec 2025 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| Unit 3, 7 Brisbane St | $410,000 | 2.0 | 1.0 | 1.0 | 03 Feb 2026 | On Market |
| Unit 3, 7 Brisbane St | Price Withheld | 2.0 | 1.0 | 1.0 | 03 Feb 2026 | On Market |
| Unit 3, 7 Brisbane St | $410,000 | 2.0 | 1.0 | 1.0 | 03 Feb 2026 | On Market |
| 3 Yorktown Square | $540,000 | 3.0 | 1.0 | 28 Jan 2026 | On Market | |
| 3 Yorktown Square | $540,000 | 3.0 | 1.0 | 28 Jan 2026 | On Market |
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Profiles
Nearby Suburbs