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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
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$589 Bottom 47% 238% to May 2026
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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
Field Value VS Launceston and North East Tas Trend
0 Bottom 38% to 0 to Jun 2025
0.4 Bottom 27% Data for Jul 2023
35.0 Top 18% Data for May 2023
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2 lots Bottom 18% Data for Mar 2023
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5 Top 21% 28% to May 2026
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
Field Value VS Launceston and North East Tas Trend
71.5% Bottom 9% 8% to Jan 2021
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
Field Value VS Launceston and North East Tas Trend
2.9 sq km Bottom 30% 14% to Jan 2021
530 sqm per resident Bottom 30% 11% to Jan 2021
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
Field Value VS Launceston and North East Tas Trend
70.7% Bottom 6% 2% to May 2023
29.3% Top 6% 6% to May 2023
34 Top 46% Data for Jun 2023
$1,590 Bottom 31% 32% to May 2023
77 Bottom 39% Data for Jun 2023
70 Bottom 22% Data for Jun 2023
21.4% Bottom 45% 14% to Jan 2021
33.5% Bottom 35% 15% to May 2023
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
Field Value VS Launceston and North East Tas Trend
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89600 Top 32% 17% to Dec 2023
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69600 Top 21% 10% to Dec 2030
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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
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$389 Bottom 30% 232% to May 2026
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70.2% Top 42% 5% to May 2026
Accommodation Options (7)
Planning Applications: Dwellings (37)
Planning Applications: Other (7)
Planning Applications: Industrial (2)
Recently Sold Houses (100)
Median Unit Sale Prices by Street (5)
LGA Details (1)
Median House Sale Prices by Street (26)
Median House Rental Prices by Street (31)
Turnover Rate by Street (75)
Percent of Renters by Street (100)
Businesses (96)
Recent Rental House Listings (100)
Recent Rental Unit Listings (100)
Recently Sold Units (100)
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