South Launceston
TAS, 7249 - Launceston

Thinking about buying in South Launceston? Now could not be a better time, with 3421 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $274,000 with prices in this suburb ranging from $21,000 to $1,527,000. The aproximate distance to the coast is 45 Km.

Household Makeup

Median Weekly Rent $260.00
Median Monthly Mortgage $1228.00
Median Persons Per Bedroom 0.88
Average Household Size 2.00
Average Age 44.00
Average Income $736.00
Average Cars Per Dwelling 1.64
Average Properties Within 50M 20

Housing Stock

Average Property Prices

1 Bed  $137,000
2 Bed  $224,000
3 Bed  $308,000
4 Bed  $425,000
5 Bed  $378,000
6 Bed+$239,000

South Launceston Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine South Launceston due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in South Launceston provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in South Launceston necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale South Launceston

Belle Property UNIT 7, 7 NORWICH ST, SOUTH LAUNCESTON, TAS, 7249 Beds1 Bathrooms1 Parking 1 Offers Over $450,000
Elders 37 TALBOT RD, SOUTH LAUNCESTON, TAS, 7249 Beds4 Bathrooms3 Parking 2 Offers Over $750,000
Harcourts 24A MULGRAVE ST, SOUTH LAUNCESTON, TAS, 7249 Beds4 Bathrooms3 Parking 2 Best Offer Over $1,550,000
Harcourts 4 CROP ST, SOUTH LAUNCESTON, TAS, 7249 Beds5 Bathrooms3 Parking 4 Best Offer Over $1,175,000
Harcourts 72B WESTBURY RD, SOUTH LAUNCESTON, TAS, 7249 Beds4 Bathrooms3 Parking 4 Best Offer Over $795,000
Ray White 112 WESTBURY RD, SOUTH LAUNCESTON, TAS, 7249 Beds4 Bathrooms2 Parking 4 875000
Ray White 74 THISTLE ST WEST, SOUTH LAUNCESTON, TAS, 7249 Beds3 Bathrooms1 Parking 4 600000
The Agency 53 NORMANSTONE RD, SOUTH LAUNCESTON, TAS, 7249 Beds4 Bathrooms2 Parking 6 Offers Over $696,000
The Agency UNIT 1, 3 POWENA ST, SOUTH LAUNCESTON, TAS, 7249 Beds2 Bathrooms1 Parking 1 Offers Around $645,000
The Agency UNIT 1, 291 WELLINGTON ST, SOUTH LAUNCESTON, TAS, 7249 Beds3 Bathrooms1 Parking 1 Offers Over $795,000

Local Schools

John Calvin School

Glen Dhu Primary School

Tamar Valley Steiner School

East Launceston Primary School

Punchbowl Primary School

St Thomas More's Catholic School

Sacred Heart Catholic School

West Launceston Primary School

Scotch Oakburn College

Summerdale Primary School

(While the above schools are located with the suburb of South Launceston there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

South Launceston weather - Average Local Climate by month

Min (°C)
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source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

PunchbowlWest LauncestonEast LauncestonNewsteadKings MeadowsLauncestonSummerhillNorwoodProspectTrevallyn

Public Transport

General Points of Interest

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