Launceston, TAS 7250

Launceston, TAS 7250

Compare Part of Launceston

161.37 km
Distance from CBD
46 k
Population
Median Sale Price
House
$770K
Updated on Aug 2022
2 BR
$650K
3 BR
$730K
4 BR
$923K
Unit
$540K
Updated on Aug 2022
1 BR
$257K
2 BR
$460K
3 BR
$615K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$360,000
0.0% $192,000 $14,000,000 61
2010
$390,000
+7.7% $200,000 $9,250,000 49
2011
$340,000
-14.7% $176,000 $1,200,000 63
2012
$345,000
+1.4% $157,000 $1,340,000 44
2013
$370,000
+6.8% $155,000 $1,200,000 54
2014
$345,000
-7.2% $130,000 $1,200,000 54
2015
$375,000
+8.0% $186,000 $1,200,000 53
2016
$385,000
+2.6% $157,500 $2,000,000 85
2017
$465,000
+17.2% $205,000 $1,760,000 89
2018
$455,000
-2.2% $45,500 $3,250,000 64
2019
$440,000
-3.4% $210,000 $1,350,000 61
2020
$570,000
+22.8% $305,000 $3,170,000 54
2021
$690,000
+17.4% $380,200 $1,300,000 66
2022
$770,000
+10.4% $360,000 $1,225,000 40
Median Sale Price
$750K
Based on 56 recorded sales within the last 12 months
Updated on 3 Oct 2022
Suburb Growth
+10.7%
Current Median Price: $750,000
Previous Median Price: $670,000
Based on 127 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2022)
Price Range Segments (12 months ending Sep 2022)
Median Weekly Rent Price
House
$450
Updated on Aug 2022
2 BR
$445
3 BR
$480
4 BR
$500
Unit
$390
Updated on Aug 2022
1 BR
$330
2 BR
$450
3 BR
$505
4 BR
$580
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$500
0.0% $360 $700 4
2012
$420
-19.0% $260 $450 3
2013
$335
-25.4% $195 $490 8
2014
$320
-4.7% $170 $520 93
2015
$310
-3.2% $165 $700 124
2016
$340
+8.8% $180 $600 115
2017
$350
+2.9% $165 $650 95
2018
$390
+10.3% $220 $670 81
2019
$380
-2.6% $120 $740 105
2020
$380
0.0% $165 $750 131
2021
$450
+15.6% $250 $980 85
2022
$480
+6.3% $220 $850 67
Median Rent Price
$480
per week
Based on 84 recorded rent within the last 12 months
Updated on 3 Oct 2022
Rent Price Growth
+12.5%
Current Median Rent: $480
Previous Median Rent: $420
Based on 173 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $750,000
Current Median rent: $480
Based on 140 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2022)

Schools closest to Launceston, TAS 7250

School name Address Type Sector Distance
Sacred Heart Catholic SchoolTop 20 227 YORK STREETLaunceston 7250 Primary Catholic 0.86 km
John Calvin SchoolTop 10 53 HOWICK STLaunceston 7250 Combined Independent 1.3 km
East Launceston Primary School 18 MARY STREETEast Launceston 7250 Primary Government 1.18 km
West Launceston Primary School 24-38 BASIN ROADWest Launceston 7250 Primary Government 1.61 km
Invermay Primary School 35 - 43 MAYNE STREETInvermay 7248 Primary Government 1.84 km
The Launceston Preparatory SchoolTop 5 117-119 ELPHIN RDLaunceston 7250 Primary Independent 1.58 km
St Thomas More's Catholic School 125 ABBOTT STNewstead 7250 Primary Catholic 1.7 km
Glen Dhu Primary School 270 WELLINGTON STREETSouth Launceston 7249 Primary Government 2.13 km