South Launceston Suburb ProfileTasmania 7249
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South Launceston has 2,415 properties. Over the last 5 years, Houses in South Launceston have seen a 56.01% increase in median value, while Units have seen a 43.01% increase. As at 31 October 2024:
- The median value for Houses in South Launceston is $530,619 while the median value for Units is $378,810.
- Houses have a median rent of $480 while Units have a median rent of $400.
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.
Market Insights
South Launceston Trends for Houses
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South Launceston Trends for Units
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Neighbourhood Insights
Age
Population 4,589
0-9
12%
10-19
11%
20-29
17%
30-39
14%
40-49
13%
50-59
11%
60-69
9%
70-79
7%
80-89
5%
90-99
2%
Household Structure
Occupancy
Recent Sales in SOUTH LAUNCESTON 7249
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Properties for sale in SOUTH LAUNCESTON 7249
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Properties for rent in SOUTH LAUNCESTON 7249
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Last Updated: 21/11/2024
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