South Launceston, TAS 7249
Compare Part of Launceston
159.35 km
Distance from Hobart CBD
11 k
Population
Median Sale Price
House
$599K
Updated on May 2022
2 BR $547K | 3 BR $595K | 4 BR $665K |
Unit
$376K
Updated on May 2022
1 BR $285K | 2 BR $376K | 3 BR $535K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $252,000 | 0.0% | $137,000 | $790,000 | 101 |
| 2010 | $265,000 | +4.9% | $175,000 | $960,000 | 93 |
| 2011 | $257,000 | -3.1% | $135,250 | $1,450,000 | 59 |
| 2012 | $245,000 | -4.9% | $156,500 | $495,000 | 61 |
| 2013 | $240,000 | -2.1% | $120,000 | $422,500 | 88 |
| 2014 | $250,000 | +4.0% | $122,000 | $606,000 | 73 |
| 2015 | $262,000 | +4.6% | $170,000 | $520,000 | 94 |
| 2016 | $285,000 | +8.1% | $110,000 | $580,000 | 91 |
| 2017 | $280,000 | -1.8% | $97,000 | $715,000 | 116 |
| 2018 | $335,000 | +16.4% | $155,000 | $950,000 | 107 |
| 2019 | $330,000 | -1.5% | $188,000 | $720,000 | 112 |
| 2020 | $396,000 | +16.7% | $181,000 | $1,250,000 | 90 |
| 2021 | $500,000 | +20.8% | $205,000 | $1,252,000 | 97 |
| 2022 | $650,000 | +23.1% | $285,000 | $1,300,000 | 50 |
Median Sale Price
$610K
Based on 101 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+28.7%
Current Median Price: $610,000
Previous Median Price: $435,000
Based on 186 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$460
Updated on May 2022
2 BR $420 | 3 BR $480 | 4 BR $520 |
Unit
$373
Updated on May 2022
1 BR $300 | 2 BR $378 | 3 BR $510 | 4 BR $650 |
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 | $320 | +6.3% | $160 | $525 | 87 |
| 2018 | $350 | +8.6% | $200 | $575 | 97 |
| 2019 | $360 | +2.8% | $190 | $550 | 82 |
| 2020 | $370 | +2.7% | $160 | $880 | 145 |
| 2021 | $420 | +11.9% | $195 | $675 | 91 |
| 2022 | $470 | +10.6% | $255 | $700 | 62 |
Median Rent Price
$460
per week
Based on 98 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+16.3%
Current Median Rent: $460
Previous Median Rent: $385
Based on 215 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $610,000
Current Median rent: $460
Based on 199 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
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 |