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Launceston
TAS, 7250

Thinking about buying in Launceston? Now could not be a better time, with 5305 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $508,000 with prices in this suburb ranging from $22,000 to $4,566,000. The aproximate distance to the coast is 42 Km.

Household Makeup

Median Weekly Rent $298.44
Median Monthly Mortgage $1310.56
Median Persons Per Bedroom 0.81
Average Household Size 2.00
Average Age 40.33
Average Income $813.78
Average Cars Per Dwelling 1.41
Average Properties Within 50M 35

Housing Stock

Average Property Prices

1 Bed  $314,000
2 Bed  $335,000
3 Bed  $487,000
4 Bed  $544,000
5 Bed  $835,000
6 Bed+$726,000
Properties for sale in Launceston
Instant Property Valuation

Launceston Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Launceston ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Launceston classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Launceston requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Launceston

Elders 25 ELIZABETH ST, LAUNCESTON, TAS, 7250 Beds2 Bathrooms1 Parking 2 Offers over $525,000
Elders 11 WELLINGTON ST, LAUNCESTON, TAS, 7250 Beds3 Bathrooms2 Parking 2 Offers over $650,000
Elders UNIT 12, BALFOUR COURT, 116-118 BALFOUR ST, LAUNCESTON, TAS, 7250 Beds3 Bathrooms2 Parking 2 Offers Over $899,000
Elders UNIT 5, 44-50 CAMERON ST, LAUNCESTON, TAS, 7250 Beds2 Bathrooms2 Parking 1 Offers Over $550,000
Harcourts UNIT 7, 41 YORK ST, LAUNCESTON, TAS, 7250 Beds5 Bathrooms3 Parking 2 $1,900,000
Harcourts UNIT 229, CORNWALL SQUARE APARTMENTS, 12-14 ST JOHN ST, LAUNCESTON, TAS, 7250 Beds3 Bathrooms1 Best Offer Over $565,000
Harcourts 4 ST JOHN CT, LAUNCESTON, TAS, 7250 Beds2 Bathrooms1 Parking 1 Best Offer Over $595,000
Harcourts 100A CAMERON ST, LAUNCESTON, TAS, 7250 Beds2 Bathrooms2 Parking 2 Best Offer Over $695,000
Harcourts UNIT 2, 127 GEORGE ST, LAUNCESTON, TAS, 7250 Beds3 Bathrooms2 Parking 2 Best Offer Over $745,000
Harcourts FLAT 1, LUCK'S CORNER, 2 PATERSON ST, LAUNCESTON, TAS, 7250 Beds2 Bathrooms1 Offers Invited
The Agency 43 ELPHIN RD, LAUNCESTON, TAS, 7250 Beds6 Bathrooms3 Parking 1 Offers Over $1,100,000
The Agency UNIT 2, 203 GEORGE ST, LAUNCESTON, TAS, 7250 Beds2 Bathrooms1 Parking 1 $599,000 - $649,000
The Agency UNIT 1, 109 GEORGE ST, LAUNCESTON, TAS, 7250 Beds2 Bathrooms1 Parking 1 Offers Over $799,000

Local Schools

Sacred Heart Catholic School

Launceston College

Tamar Valley Steiner School

John Calvin School

Launceston Big Picture School

Newstead College

East Launceston Primary School

West Launceston Primary School

The Launceston Preparatory School

St Thomas More's Catholic School

(While the above schools are located with the suburb of Launceston there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Launceston weather - Average Local Climate by month

(mm)
RAIN		Min (°C)
TEMP		Max (°C)
TEMP		Min (%)
HUMIDITY		Max (%)
HUMIDITY		 (m/sec)
WIND		 (MJ/sq m)
SOLAR
Jan0.812.925.638.787.73.526.0
Feb1.113.025.040.787.93.120.3
Mar1.611.022.845.591.42.815.7
Apr1.27.319.351.294.42.310.9
May2.04.815.958.796.32.27.8
Jun2.73.413.567.197.42.06.2
Jul3.32.812.963.796.52.56.5
Aug2.23.713.955.193.12.78.9
Sept1.96.016.453.394.62.813.2
Oct1.67.318.647.492.53.218.8
Nov2.49.920.946.491.83.223.7
Dec2.111.223.142.590.13.426.8

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

East LauncestonInvermayNewsteadSouth LauncestonWest LauncestonPunchbowlMowbrayTrevallynRavenswoodSummerhill

Public Transport

East Tamar - Less than 2 KM Western Junction - Greater then 10KM Penny Royal - Less than 2 KM Windmill - Less than 2 KM Tamar River Cruises - Less than 2 KM Cataract Cruises - Less than 2 KM

General Points of Interest

Northern Athletics Centre - Less than 5 KM BMX track - Less than 5 KM Bundaleera Wines - Less than 10 KM Trevallyn War Memorial - Less than 2 KM Penny Royal Windmill - Less than 2 KM Poppy Garden - Less than 1 KM Launceston Aquatic - Less than 1 KM Statue of Venus - Less than 1 KM Senses Garden Fountain - Less than 1 KM Horse Riding Area - Less than 5 KM

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