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.
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 |
1 Bed  $314,000 |
2 Bed  $335,000 |
3 Bed  $487,000 |
4 Bed  $544,000 |
5 Bed  $835,000 |
6 Bed+$726,000 |
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.
unit 3, 72 charles st, launceston, tas, 7250 | 1 | 1 | 1 | Offers over $475,000 | |
unit 12, balfour court, 116-118 balfour st, launceston, tas, 7250 | 3 | 2 | 2 | Offers Over $899,000 | |
unit 5, 44-50 cameron st, launceston, tas, 7250 | 2 | 2 | 1 | Offers Over $550,000 | |
unit 7, 41 york st, launceston, tas, 7250 | 5 | 3 | 2 | $1,900,000 | |
unit 229, cornwall square apartments, 12-14 st john st, launceston, tas, 7250 | 3 | 1 | $548,500 Negotiable | ||
4 st john ct, launceston, tas, 7250 | 2 | 1 | 1 | Best Offer Over $595,000 | |
100a cameron st, launceston, tas, 7250 | 2 | 2 | 2 | Best Offer Over $695,000 | |
unit 2, 127 george st, launceston, tas, 7250 | 3 | 2 | 2 | Best Offer Over $745,000 | |
2 yorktown sq, launceston, tas, 7250 | 1 | 1 | Offers Over $479,000 | ||
unit 2, 203 george st, launceston, tas, 7250 | 2 | 1 | 1 | $599,000 - $649,000 | |
unit 1, 109 george st, launceston, tas, 7250 | 2 | 1 | 1 | Offers Over $799,000 |
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)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.8 | 12.9 | 25.6 | 38.7 | 87.7 | 3.5 | 26.0 |
Feb | 1.1 | 13.0 | 25.0 | 40.7 | 87.9 | 3.1 | 20.3 |
Mar | 1.6 | 11.0 | 22.8 | 45.5 | 91.4 | 2.8 | 15.7 |
Apr | 1.2 | 7.3 | 19.3 | 51.2 | 94.4 | 2.3 | 10.9 |
May | 2.0 | 4.8 | 15.9 | 58.7 | 96.3 | 2.2 | 7.8 |
Jun | 2.7 | 3.4 | 13.5 | 67.1 | 97.4 | 2.0 | 6.2 |
Jul | 3.3 | 2.8 | 12.9 | 63.7 | 96.5 | 2.5 | 6.5 |
Aug | 2.2 | 3.7 | 13.9 | 55.1 | 93.1 | 2.7 | 8.9 |
Sept | 1.9 | 6.0 | 16.4 | 53.3 | 94.6 | 2.8 | 13.2 |
Oct | 1.6 | 7.3 | 18.6 | 47.4 | 92.5 | 3.2 | 18.8 |
Nov | 2.4 | 9.9 | 20.9 | 46.4 | 91.8 | 3.2 | 23.7 |
Dec | 2.1 | 11.2 | 23.1 | 42.5 | 90.1 | 3.4 | 26.8 |
source: Australian Government Bureau of Meteorology
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