South Launceston, TAS 7249

South Launceston, TAS 7249

Compare Part of Launceston

159.35 km
Distance from CBD
11 k
Population
Median Sale Price
House
$341K
Updated on Jan 2020
2 BR
$328K
3 BR
$348K
4 BR
$418K
Unit
$247K
Updated on Jan 2020
1 BR
$208K
2 BR
$210K
3 BR
$307K
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
$380,000
+13.2% $300,000 $470,000 18
Median Sale Price
$335K
Based on 108 recorded sales within the last 12 months
Updated on 26 Feb 2020
Suburb Growth
-2.8%
Current Median Price: $335,000
Previous Median Price: $344,500
Based on 215 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$350
Updated on Jan 2020
2 BR
$330
3 BR
$353
4 BR
$400
Unit
$270
Updated on Jan 2020
1 BR
$240
2 BR
$270
3 BR
$435
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
$305
+1.6% $160 $525 87
2018
$350
+12.9% $200 $560 96
2019
$360
+2.8% $190 $550 82
2020
$350
-2.9% $190 $500 7
Median Rent Price
$360
per week
Based on 68 recorded rent within the last 12 months
Updated on 26 Feb 2020
Rent Price Growth
+2.8%
Current Median Rent: $360
Previous Median Rent: $350
Based on 164 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.6%
Current Median Price: $335,000
Current Median rent: $360
Based on 176 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)

Auction Results For South Launceston

Houses sold in Last 12 months ends 22 Feb 2020

$330K

Median Sale Price

100%

Clearance Rate

38/38

Sold/Reported

$610K

Highest Sale Price

Sold Price Range No. of Sold Properties
$600 K - $800 K 1
$400 K - $600 K 4
less than $400 K
(Median Price Range)
20

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