1/52 Mulgrave Street

South Launceston TAS 7249

The size of South Launceston is approximately 2.8 square kilometres. It has 8 parks covering nearly 5.4% of total area. The population of South Launceston in 2011 was 4,447 people. By 2016 the population was 4,589 showing a population growth of 3.2% in the area during that time. The predominant age group in South Launceston is 20-29 years. Households in South Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Launceston work in a professional occupation. In 2011, 54.1% of the homes in South Launceston were owner-occupied compared with 52.6% in 2016.

South Launceston has 2,424 properties. Over the last 5 years, Houses in South Launceston have seen a 50.82% increase in median value, while Units have seen a 57.61% increase. As at 31 January 2025:

• The median value for Houses in South Launceston is $525,105 while the median value for Units is $414,327.
• Houses have a median rent of $485 while Units have a median rent of $420.