Real Estate South Launceston, TAS, 7249 Launceston

Thinking about buying in South Launceston? Now could not be a better time, with a whopping 3377 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $463,000 with prices in this suburb ranging from $124,000 to $1,453,000.

Distance to the coast is 45 Km.

Instant Valuation

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.


Household makeup

Median Weekly Rent $298.53
Median Monthly Mortgage $1306.00
Median Persons Per Bedroom 0.82
Average Household Size 2.00
Average Age 36.00
Average Income $968.00
Average Cars Per Dwelling 2.37
Average Properties Within 50M 20.00

Typical Property Prices

1 Bed$267,000
2 Bed$457,850
3 Bed$616,882
4 Bed$687,000
5 Bed$650,000

Housing Stock

Houses for sale South Launceston

Elders Real Estate 52 MERIVALE ST, SOUTH LAUNCESTON, TAS, 7249 3 2 3 Best Offer Over $768,000
Harcourts 18 MELBOURNE ST, SOUTH LAUNCESTON, TAS, 7249 4 2 1 Best Offer Over $775,000
Harcourts 318 WELLINGTON ST, SOUTH LAUNCESTON, TAS, 7249 3 1 1 Best Offers Over $579,000
Harcourts 8A BELLEVUE AV, SOUTH LAUNCESTON, TAS, 7249 4 2 2 Best Offer Over $785,000
Harcourts UNIT 3, 22 HOWICK ST, SOUTH LAUNCESTON, TAS, 7249 2 1 1 Offers over $599,000
LJ Hooker 25 LEGANA ST, SOUTH LAUNCESTON, TAS, 7249 3 1 2 Offers Over $735000
theagency 64 GALVIN ST, SOUTH LAUNCESTON, TAS, 7249 $540 per week
theagency 291 WELLINGTON ST, SOUTH LAUNCESTON, TAS, 7249 Contact Agent

Local Schools

Glen Dhu 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

South Launceston weather - Average Local Climate by month

Min (°C)
Max (°C)
Min (%)
Max (%)
(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Fibre to the Basement (vectored or non-vectored)

Fibre to the Premises


Nearby Suburbs

PunchbowlWest LauncestonEast LauncestonNewsteadKings MeadowsLauncestonSummerhillNorwoodProspectTrevallyn

Public Transport

East Tamar - Less than 5 KM Western Junction - Greater then 10KM Penny Royal - Less than 5 KM Windmill - Less than 5 KM Tamar River Cruises - Less than 5 KM Cataract Cruises - Less than 5 KM

General Points of Interest

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