Launceston
Suburb profile, market snapshot and recent listings for Launceston, TAS 7250.
Median price
$735k
Median rent
$585/wk
Listings
12+
About Launceston
What it's like to live here
Market snapshot
Launceston property market
Headline figures for House · 3 bed.
Median sale
$735k
Median rent (pw)
$585
Days on market
35
Auction clearance
0%
Sold this year
31
Entry-level
$496k
Recent growth
2022
$830k
+0.0%
2023
$658k
-20.8%
2024
$805k
+22.4%
2025
$902k
+12.0%
2026
$735k
-18.5%
Explore the area
Properties & amenities in Launceston
Common questions
Launceston suburb FAQ
What is the median property price in Launceston?
The median house price in Launceston, TAS is $735k for a 3-bedroom home. Over the past year, median sold prices have fallen about 18.5%.
How much is rent in Launceston?
The median weekly rent in Launceston is around $585 per week.
Is Launceston a good place to live?
Launceston is a city in the north of Tasmania, Australia, at the confluence of the North Esk and South Esk rivers where they become the River Tamar (kanamaluka).
How long do homes take to sell in Launceston?
Properties in Launceston take around 35 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Launceston?
Entry-level properties in Launceston start around $496k, while premium homes reach $1.20m.
What suburbs are near Launceston?
Suburbs near Launceston include East Launceston, Invermay, Newstead, South Launceston and West Launceston.
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