South Launceston, TAS 7249
Compare Part of Launceston
159.35 km
Distance from Hobart CBD
11 k
Population
Median Sale Price
House
$345K
Updated on Jun 2020
2 BR $320K | 3 BR $345K | 4 BR $448K |
Unit
$285K
Updated on Jun 2020
1 BR $163K | 2 BR $255K | 3 BR $318K |
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 | $375,210 | +12.0% | $235,000 | $701,000 | 52 |
Median Sale Price
$350K
Based on 95 recorded sales within the last 12 months
Updated on 17 Jul 2020
Suburb Growth
+5.7%
Current Median Price: $350,000
Previous Median Price: $330,000
Based on 207 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jun 2020)
Price Range Segments (12 months ending Jun 2020)
Median Weekly Rent Price
House
$360
Updated on Jun 2020
2 BR $328 | 3 BR $360 | 4 BR $410 |
Unit
$280
Updated on Jun 2020
1 BR $208 | 2 BR $285 | 3 BR $495 |
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 | $560 | 96 |
| 2019 | $360 | +2.8% | $190 | $550 | 82 |
| 2020 | $360 | 0.0% | $160 | $880 | 77 |
Median Rent Price
$360
per week
Based on 101 recorded rent within the last 12 months
Updated on 17 Jul 2020
Rent Price Growth
+2.8%
Current Median Rent: $360
Previous Median Rent: $350
Based on 208 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.3%
Current Median Price: $350,000
Current Median rent: $360
Based on 196 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jun 2020)
Auction Results For South Launceston
Houses sold in Last 12 months ends 11 Jul 2020
$330K
Median Sale Price
100%
Clearance Rate
8/8
Sold/Reported
$450K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K | 2 | |
| less than $400 K (Median Price Range) | 5 | |
Similar Suburbs to South Launceston 7249
Based on median house sale price sold in last 12 months
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 |