West Launceston Suburb Profile
Tasmania 7250

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West Launceston has 2,140 properties. Over the last 5 years, Houses in West Launceston have seen a 67.17% increase in median value, while Units have seen a 35.17% increase. As at 31 August 2024:

  • The median value for Houses in West Launceston is $638,172 while the median value for Units is $369,147.
  • Houses have a median rent of $490 while Units have a median rent of $390.
There are currently 12 properties listed for sale, and 4 properties listed for rent in West launceston on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in West launceston.

The size of West Launceston is approximately 3.9 square kilometres. It has 11 parks covering nearly 26% of total area. The population of West Launceston in 2011 was 4,029 people. By 2016 the population was 4,198 showing a population growth of 4.2% in the area during that time. The predominant age group in West Launceston is 40-49 years. Households in West Launceston are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Launceston work in a professional occupation. In 2011, 71.6% of the homes in West Launceston were owner-occupied compared with 68.4% in 2016.

Suburb Insights for WEST LAUNCESTON 7250

Market Insights
West Launceston Trends for Houses
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
West Launceston Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 4,198

0-9

 

12%

10-19

 

13%

20-29

 

13%

30-39

 

13%

40-49

 

15%

50-59

 

14%

60-69

 

12%

70-79

 

6%

80-89

 

3%

Household Structure
Occupancy

Last Updated: 16/09/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.