Launceston, TAS 7250

Launceston, TAS 7250

Compare Part of Launceston

161.37 km
Distance from CBD
46 k
Population
Median Sale Price
House
$514K
Updated on Dec 2020
2 BR
$363K
3 BR
$535K
4 BR
$578K
Unit
$393K
Updated on Dec 2020
1 BR
$206K
2 BR
$350K
3 BR
$721K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$355,000
0.0% $192,000 $14,000,000 58
2010
$390,000
+9.0% $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 53
2014
$345,000
-7.2% $130,000 $1,200,000 54
2015
$375,000
+8.0% $186,000 $1,200,000 50
2016
$375,000
0.0% $157,500 $2,000,000 78
2017
$435,000
+13.8% $205,000 $1,760,000 76
2018
$452,000
+3.8% $45,500 $3,250,000 60
2019
$440,000
-2.7% $210,000 $1,350,000 56
2020
$585,000
+24.8% $330,000 $1,405,177 47
2021
$575,000
-1.7% $575,000 $575,000 2
Median Sale Price
$575K
Based on 47 recorded sales within the last 12 months
Updated on 22 Jan 2021
Suburb Growth
+23.5%
Current Median Price: $575,000
Previous Median Price: $440,100
Based on 105 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$378
Updated on Dec 2020
2 BR
$350
3 BR
$400
4 BR
$448
Unit
$310
Updated on Dec 2020
1 BR
$250
2 BR
$350
3 BR
$440
4 BR
$550
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$500
0.0% $360 $600 4
2012
$420
-19.0% $260 $450 3
2013
$335
-25.4% $195 $450 8
2014
$320
-4.7% $170 $500 93
2015
$300
-6.7% $165 $700 124
2016
$340
+11.8% $170 $590 115
2017
$350
+2.9% $165 $650 95
2018
$390
+10.3% $220 $670 81
2019
$365
-6.8% $120 $740 105
2020
$380
+3.9% $165 $750 131
2021
-
- - - -
Median Rent Price
$380
per week
Based on 125 recorded rent within the last 12 months
Updated on 22 Jan 2021
Rent Price Growth
-1.3%
Current Median Rent: $380
Previous Median Rent: $385
Based on 226 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $575,000
Current Median rent: $380
Based on 172 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)

Auction Results For Launceston

Houses sold in Last 12 months ends 16 Jan 2021

$820K

Median Sale Price

100%

Clearance Rate

1/1

Sold/Reported

$820K

Highest Sale Price

Sold Price Range No. of Sold Properties
$800 K - $1 M
(Median Price Range)
1

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