Launceston Suburb ProfileTasmania 7250
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Launceston has 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 53.73% increase in median value, while Units have seen a 42.25% increase. As at 31 October 2024:
- The median value for Houses in Launceston is $734,272 while the median value for Units is $497,284.
- Houses have a median rent of $480 while Units have a median rent of $430.
The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of total area. The population of Launceston in 2011 was 2,897 people. By 2016 the population was 2,929 showing a population growth of 1.1% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation. In 2011, 47% of the homes in Launceston were owner-occupied compared with 48.2% in 2016.
Market Insights
Launceston Trends for Houses
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Launceston Trends for Units
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Neighbourhood Insights
Age
Population 2,929
0-9
8%
10-19
9%
20-29
19%
30-39
12%
40-49
13%
50-59
15%
60-69
14%
70-79
7%
80-89
3%
90-99
1%
Household Structure
Occupancy
Recent Sales in LAUNCESTON 7250
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0Properties for sale in LAUNCESTON 7250
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Properties for rent in LAUNCESTON 7250
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Last Updated: 21/11/2024
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