South Launceston, TAS 7249
Compare Part of Launceston
159.35 km
Distance from Hobart CBD
11 k
Population
Median Sale Price
House
$349K
Updated on Aug 2020
2 BR $320K | 3 BR $351K | 4 BR $525K |
Unit
$285K
Updated on Aug 2020
1 BR $163K | 2 BR $285K | 3 BR $365K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $252,000 | 0.0% | $137,000 | $790,000 | 98 |
| 2010 | $265,000 | +4.9% | $175,000 | $960,000 | 93 |
| 2011 | $255,000 | -3.9% | $135,250 | $1,450,000 | 59 |
| 2012 | $245,000 | -4.1% | $156,500 | $495,000 | 61 |
| 2013 | $240,000 | -2.1% | $120,000 | $422,500 | 86 |
| 2014 | $250,000 | +4.0% | $122,000 | $606,000 | 73 |
| 2015 | $260,000 | +3.8% | $170,000 | $520,000 | 90 |
| 2016 | $280,000 | +7.1% | $110,000 | $580,000 | 87 |
| 2017 | $280,000 | 0.0% | $97,000 | $715,000 | 112 |
| 2018 | $331,000 | +15.4% | $155,000 | $950,000 | 99 |
| 2019 | $330,000 | -0.3% | $188,000 | $720,000 | 106 |
| 2020 | $390,000 | +15.4% | $235,000 | $1,250,000 | 64 |
Median Sale Price
$358K
Based on 93 recorded sales within the last 12 months
Updated on 29 Sep 2020
Suburb Growth
+7.8%
Current Median Price: $358,000
Previous Median Price: $330,000
Based on 201 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$360
Updated on Aug 2020
2 BR $340 | 3 BR $360 | 4 BR $410 |
Unit
$300
Updated on Aug 2020
1 BR $200 | 2 BR $300 | 3 BR $490 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $250 | 0.0% | $250 | $250 | 1 |
| 2012 | - | - | - | - | - |
| 2013 | $275 | +9.1% | $265 | $325 | 3 |
| 2014 | $290 | +5.2% | $150 | $750 | 101 |
| 2015 | $290 | 0.0% | $155 | $450 | 126 |
| 2016 | $300 | +3.3% | $150 | $550 | 108 |
| 2017 | $300 | 0.0% | $160 | $525 | 87 |
| 2018 | $350 | +14.3% | $200 | $550 | 96 |
| 2019 | $360 | +2.8% | $190 | $550 | 82 |
| 2020 | $370 | +2.7% | $160 | $880 | 103 |
Median Rent Price
$370
per week
Based on 111 recorded rent within the last 12 months
Updated on 29 Sep 2020
Rent Price Growth
+5.4%
Current Median Rent: $370
Previous Median Rent: $350
Based on 211 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.4%
Current Median Price: $358,000
Current Median rent: $370
Based on 204 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)
Schools closest to South Launceston, TAS 7249
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Glen Dhu Primary School | 270 WELLINGTON STREETSouth Launceston 7249 | Primary | Government | 0.18 km |
| John Calvin SchoolTop 10 | 53 HOWICK STLaunceston 7250 | Combined | Independent | 0.75 km |
| East Launceston Primary School | 18 MARY STREETEast Launceston 7250 | Primary | Government | 1.58 km |
| St Thomas More's Catholic School | 125 ABBOTT STNewstead 7250 | Primary | Catholic | 1.45 km |
| Sacred Heart Catholic SchoolTop 20 | 227 YORK STREETLaunceston 7250 | Primary | Catholic | 1.67 km |
| West Launceston Primary School | 24-38 BASIN ROADWest Launceston 7250 | Primary | Government | 1.55 km |
| Newstead Christian SchoolTop 20 | Newstead 7250 | Combined | Independent | 1.73 km |
| Punchbowl Primary School | 146 PUNCHBOWL ROADLAUNCESTON 7249 | Primary | Government | 1.67 km |
| Summerdale Primary School | 82 - 84 STANLEY STREETSummerhill 7250 | Primary | Government | 1.97 km |
| The Launceston Preparatory SchoolTop 5 | 117-119 ELPHIN RDLaunceston 7250 | Primary | Independent | 2.21 km |