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Launceston Property Investment Overview

Suburb research data for Launceston, TAS 7250 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2025 Rent 2021
Median House Price
$621,847
2025 data · estimate
Gross Rental Yield
2.6%
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Weekly Rent
$310
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Renter Demand
63%
of residents rent
Vacancy Rate
0.6%
Low — tight market
Population
3,110
Suburb residents
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📍 Suburb Overview

State TAS
Postcode 7250
Median house price $621,847
Median unit price —
Weekly rent (median) $310/wk (unlock cashflow model)
Gross yield 2.6% (unlock risk & score)
Renter % 63.0%
Vacancy rate 0.57%
Population 3,110
Median household income $74,828/yr
Owner-occupied 37.0%
Median age 41 yrs
Total dwellings 1,121

🛡️ Safety & Crime

Reported crime level Higher reported crime
Incidents / 1,000 residents 92

Launceston shows above-average reported crime compared with other TAS suburbs, based on 2026 state police data.

Source: TAS police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: High High

Multiple core metrics are available, including price, rent/yield and population or demand indicators.

Last updated: 2025 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

✅ Low vacancy (0.6%) — tight rental market
✅ High renter proportion (63%) — strong rental demand base
⚠️ Price is an estimate — limited recent transaction data available
⚠️ Rent data is from 2021 — may not reflect current market
⚠️ Higher reported crime (92 incidents/1,000 residents) — TAS reported data 2026
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Price History

Source: TAS_ABS_Estimated_2025. Suburb-level medians — not individual sale prices.

🏫 Schools

School data is not yet available for TAS suburbs (currently NSW & VIC).

🔄 Compare & Explore

Similar suburbs in TAS by price range, ranked by yield:

Sorell, TAS
3.8% yield
$479,000
Claremont, TAS
3.7% yield
$451,000
Franklin, TAS
3.7% yield
$438,000
Hobart, TAS
3.7% yield
$532,000
Kettering, TAS
3.7% yield
$513,000
Lindisfarne, TAS
3.7% yield
$569,000
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💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $621,847
Deposit (20%) $124,369
Loan (80% LVR) $497,478
Weekly rent $310/wk
Annual rent income $16,120/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
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❓ Frequently Asked Questions

Is Launceston a good suburb to invest in?

Launceston has a high renter proportion (63%) and a low vacancy rate, suggesting tight rental demand. Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in Launceston?

The median house price in Launceston is approximately $621,847 based on 2025 public data (estimate — limited transaction evidence available).

What is the rental yield in Launceston?

The indicative gross rental yield in Launceston is 2.6%, based on a median weekly rent of $310 against a median price of $621,847. This is general data only — actual yields vary by property, condition and market timing.

How does Launceston compare to other suburbs?

Use the suburb comparison tool to compare Launceston against other Australian suburbs by price, yield, vacancy and renter demand.

Is Launceston a safe suburb?

Launceston shows above-average reported crime compared with other suburbs in TAS, based on 2026 state police data. The reported crime rate is about 92 incidents per 1,000 residents. Always check current local crime statistics before deciding.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →