Launceston TAS 7250 recorded a 2026YTD* median house price of $699,131 and a 2026YTD* median unit price of $481,847. Compare price movement, rent, yield, sales evidence and local supply in one profile.
100% data completeness2 dwelling types have price evidence (houses + units); 0 ranked2,988 indexed addresses in locality
Last data refreshed: 2026-AUG-12
Market snapshot
Prices, rent and market evidence
Observed figures use the latest completed-quarter data available for each dwelling type. A national score appears only when every Rankings confidence rule is met.
Houses
Launceston Houses
Not rankedobserved market data only
Median price 2026YTD*$699,131
Price growth 2026YTD* vs 2025+5.32%
Median rent Q2 2026$550/week
Gross yield Q2 20263.99%
Sales in 2026YTD*32
Days on market Q1 202664
Units
Launceston Units
Not rankedobserved market data only
Median price 2026YTD*$481,847
Price growth 2026YTD* vs 2025+4.98%
Median rent Q2 2026$430/week
Gross yield Q2 20264.57%
Sales in 2026YTD*19
Days on market Q2 202634
Investment signals
Launceston’s property performance, metric by metric
House signals
Observed · not ranked
Price growth+5.32%
Above average (vs +3.69% house price growth nationally)
2026YTD* vs 2025
Gross yield3.99%
Above average (vs 3.69% yield for houses nationwide) · Limited evidence
Price and rent: 2026 Q2
Sales volume32 sales
Below average (vs 44 house sales per suburb nationally)
2026YTD* sales volume
Market speed64 days
Bottom 20% (vs 28 days on market for houses nationwide) · Limited evidence
Market snapshot: 2026 Q1
New Houses Approvals5 approvals (0.8% of the stock)*
Low supply pressure (vs 1.5% median pipeline for similar suburbs)
24 months to Jun 2026
Owner occupation51.7%
Bottom 20% (vs 67.5% owner-occupied share for suburbs with house data nationally)
2021 Census
Household income$1,577/week
Below average (vs $1,772/week household income for suburbs with house data nationally)
2021 Census
Local Schools1,145
Top 20% (vs 1,054 ICSEA for suburbs with house data nationally)
Latest available school data
Local CrimeNot available
Insufficient evidence
Unit signals
Observed · not ranked
Price growth+4.98%
Above average (vs +3.49% unit price growth nationally) · Limited evidence
2026YTD* vs 2025
Gross yield4.57%
Middle range (vs 4.43% yield for units nationwide) · Limited evidence
Price and rent: 2026 Q2
Sales volume19 sales
Middle range (vs 18 unit sales per suburb nationally) · Limited evidence
2026YTD* sales volume
Market speed34 days
Below average (vs 27 days on market for units nationwide) · Limited evidence
Market snapshot: 2026 Q2
New Units Approvals0 approvals (0.0% of the stock)*
Low supply pressure (vs 0.0% median pipeline for similar suburbs)
24 months to Jun 2026
Owner occupation51.7%
Bottom 20% (vs 67.1% owner-occupied share for suburbs with unit data nationally)
2021 Census
Household income$1,577/week
Below average (vs $1,764/week household income for suburbs with unit data nationally)
2021 Census
Local Schools1,145
Top 20% (vs 1,056 ICSEA for suburbs with unit data nationally)
Latest available school data
Local CrimeNot available
Insufficient evidence
Townhouse pipeline: 0 approvals in the latest 24 months, equal to 0.0% of estimated townhouse stock — Low supply pressure.
* New approvals use the latest rolling 24 months, allocated from the suburb’s dominant SA2 using dwelling-type stock shares and compared with estimated current stock. Townhouses are assessed separately. Approvals are not completions.
Each signal is independently compared with published Australian profiles of the same dwelling type that have that observation. Most signals use a national median and percentile. New approvals combine the suburb’s absolute 24-month approval pipeline with approvals relative to estimated dwelling stock, comparing the latter within similar stock-size bands. The 80th, 90th and 95th percentiles identify notable or elevated pressure, while strong recent acceleration can elevate the flag. It is a pipeline screening indicator, not a finding of oversupply. Limited evidence is labelled and missing observations remain unscored. These contextual signals are independent from formal Best Overall ranking eligibility and do not change the overall score.
What the current data suggests
House: Price growth is above the published-profile average. Above average (vs +3.69% house price growth nationally).
House: Gross yield is above the published-profile average. Above average (vs 3.69% yield for houses nationwide) · Limited evidence.
House: Sales evidence is below the published-profile average. Below average (vs 44 house sales per suburb nationally).
House: The recent pipeline is low relative to both absolute and stock-relative thresholds. The 24-month pipeline is 5 approvals, equivalent to 0.8% of estimated current stock. Low supply pressure (vs 1.5% median pipeline for similar suburbs).
Unit: Price growth is above the published-profile average. Above average (vs +3.49% unit price growth nationally) · Limited evidence.
Unit: Gross yield sits near the middle of published profiles. Middle range (vs 4.43% yield for units nationwide) · Limited evidence.
Unit: Sales evidence sits near the middle of published profiles. Middle range (vs 18 unit sales per suburb nationally) · Limited evidence.
Unit: The recent pipeline is low relative to both absolute and stock-relative thresholds. The 24-month pipeline is 0 approvals, equivalent to 0.0% of estimated current stock. Low supply pressure (vs 0.0% median pipeline for similar suburbs).
Price history
Annual and YTD median-price movement
Changes in the mix and number of properties sold can affect the median. Use the sales counts and live map before drawing a conclusion.
House median price
Annual observations plus the current completed-quarter YTD result used by the Rankings dataset.
Period
Median
Sales
2020
$552,500
60
2021
$690,000
59
2022
$770,000
61
2023
$695,000
39
2024
$700,000
59
2025
$663,800
70
2026YTD*
$699,131
32
Unit median price
Annual observations plus the current completed-quarter YTD result used by the Rankings dataset.
Period
Median
Sales
2020
$405,000
40
2021
$520,000
29
2022
$505,000
14
2023
$450,000
29
2024
$605,000
21
2025
$459,000
27
2026YTD*
$481,847
19
* 2026 year-to-date through Q2. Sales volumes are partial-year totals; median prices use completed-quarter observations.
Socio-demographic context
Household and community indicators
These measures come from different source periods. Their dates are displayed rather than being presented as if they were collected simultaneously.
Owner occupied51.7%
2021 Census Insufficient evidence
Weekly household income$1,577
2021 Census Insufficient evidence
New Houses Approvals5*
24 months to Jun 2026 Low supply pressure (vs 1.5% median pipeline for similar suburbs)
Best available ICSEA1,145
Latest available nearby-school context Insufficient evidence
Local Crime RiskNot available
2025 offences per 100,000 population Insufficient evidence
Social housing2.5%
2021 Census Insufficient evidence
* Latest rolling 24-month approvals allocated from the suburb’s dominant SA2 using dwelling-type stock shares. Approvals are not completions.
Nearby profiles
Compare markets around Launceston
Distances use suburb centroids and are approximate.
Different datasets have different coverage and update dates.
Price medians, rents, building approvals, Census measures, school context and crime indicators are assembled from separate sources. A ranking score cannot replace comparable-sales analysis, inspection of the local housing stock or professional advice.
Profile data refreshed12 August 2026
This profile combines datasets with different publication schedules. Check each metric's period label for its latest available observation. Available observations are shown even when a dwelling type does not meet the confidence rules for a total ranking.
Data Download
Download the Launceston data workbook.
Get the available house and unit price history, growth, rents, sales evidence, ranking signals, approvals and local context in one Excel file.
Included suburb data
Quarterly house and unit pricesAnnual house and unit pricesPrice growth and suburb rankingsMedian rents and source-dependent rent evidence volumesGross rental yieldsProperty sales volumeDays on marketSupply pipeline pressure and approvalsOwner-occupier statisticsHousehold income statisticsSchool statistics and ICSEALocal crime indicatorsSocial housing (Housing Commission)
Source periods differ between metrics. Every sheet keeps its period or definition visible, and blank values are not estimated.
Open the live data
Inspect Launceston on the property map.
Change map layers, select the suburb polygon and review the underlying price, rent and supply charts.