Real Estate & Finance

Property Report & Market Data In Launceston

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Average Market Value In Launceston

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Launceston’s property market has shown consistent growth over recent years, with house prices outperforming many regional centres. A mixture of heritage homes, modern apartments, and family houses caters to a diverse buyer base.

570000

Median House Price

5.1 %

House Price Growth

405000

Median Unit Price

2.5 %

Unit Price Growth

Sales Trends In Launceston

Stay ahead of the fast-moving sales trends around Launceston

Houses typically sell faster than units, with high competition for family homes and renovated period properties. There is ongoing buyer activity from investors and owner-occupiers.

750

Total Houses Sold

230

Total Units Sold

17

Days On Market (Houses)

2.7

Vendor Discount

Local Population Movement In Launceston

Learn who is moving in and out of Launceston! Is it on the rise or decline?

The area has experienced steady inward migration, especially from interstate, as buyers seek a lower cost of living and attractive lifestyle. Population growth has been positive, driven by both younger professionals and retirees.

90953

Population Size In Launceston

1.2

Population Growth In Launceston

35-44

Dominant Age Group InLaunceston

Couples with children

Household Types In Launceston

Market Decline or Growth Indicators For Launceston

Learn who is moving in and out of Launceston! Is it on the rise or decline?

Launceston’s property market remains in a growth phase, though at a more moderate pace after the rapid gains of previous years. Demand is strong due to limited supply, continued migration, and sustained rental demand.

4.8

Annual Price Growth In Launceston

1420

Sales Activity Rate In Launceston

2.8

Average Stock Inventory Time InLaunceston

Rental Yields and Demand In Launceston

Find out if this is a good investment opportunity buying real estate in and around Launceston

Yields remain solid for both houses and units, averaging above 4%. Continued demand from both locals and new arrivals keeps the rental market tight.

750

Total Houses Sold

230

Total Units Sold

17

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

2.7

Vendor Discount

Affordability and Finance Options For Launceston

Home Loans: Financing Your Dream Home In Launceston. Get Pre-Approved Today.

750

Total Houses Sold

230

Total Units Sold

17

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

2.7

Vendor Discount

Lifestyle and Amenities In and Around Launceston

Launceston Lifestyle: Why Live Here

Launceston is a vibrant regional city offering a blend of historic charm and modern amenities. Residents enjoy an active lifestyle with scenic river walks, abundant parks, acclaimed restaurants, cultural attractions, shopping precincts, and easy access to world-class wineries and outdoor adventures.

70

Parks Count

25

Suburb Area

1700

Distance To CBD

Property Type Breakdown Launceston

Launceston Properties: Houses vs. Units

750

Total Houses Sold

230

Total Units Sold

17

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

2.7

Vendor Discount

Launceston Suburb Information

Launceston Suburb Stats

State: Tasmania

City: Launceston

Population: 90,953

Postcode: 7250

Free Property Appraisal In Launceston

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