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Aerial view of Launceston, TAS

Aerial view

Imagery © Esri

The quick read on

Launceston

TAS 7250 · Launceston

What homes cost, how rents have moved, and a feel for the people who call it home.

Median house
$715,000

latest suburb median

Median unit
$566,000

latest suburb median

Population
3,110

ABS 2021

Postcode
7250

Launceston, Tasmania

Property market insights for Launceston

Median sale price and rental income of properties in Launceston TAS

Median price trend for houses

Based on 76 sales in the preceding 12 months

$715,000

Up 14.4% over 12 months

$800k$700k$600k20212023202420252026
1 bed
$385k
2 bed
$630k
3 bed
$740k
4 bed
$995k

Median rent trend for houses

Based on 82 rental listings in the preceding 12 months

$575 per week

Up 9.5% over 12 months

$600$550$500$45020212023202420252026

Market data updated October 2026.

The median house price in Launceston, TAS is currently $715,000, based on the latest 12 months of sales. Launceston has a 12-month growth rate of 14.4% for houses and 25.2% for units.

One-bedroom houses have a median sale price of $385,000, Two-bedroom houses have a median sale price of $630,000, Three-bedroom houses have a median sale price of $740,000, Four-bedroom houses have a median sale price of $995,000 in Launceston.

If you're looking to lease, the median rent for houses in Launceston is $575 per week. The median house rent has increased 9.5% over the last 12 months.

The median price of apartments and units for sale in Launceston is $566,000, which has increased 25.2% since the same time last year. One-bedroom apartments and units have a median sale price of $390,000, Two-bedroom apartments and units have a median sale price of $519,000, Three-bedroom apartments and units have a median sale price of $650,000 in Launceston. The median rent for units and apartments in Launceston is $475 per week and has increased 18.8% over the last 12 months.

Crime and safety

Is Launceston safe?

The overall rate for Launceston is 57,707 offences per 100,000 residents — 387% above the Rest of Tas. benchmark.

That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Launceston.

Overall crime rate

57,707

offences per 100,000 residents

387% aboveRest of Tas.

LauncestonRest of Tas.: 11,845

Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.

The people behind the postcode

Who lives in Launceston?

Launceston TAS 7250 is in Tasmania, within Rest of Tas..

3,110 people call Launceston home, with an average of 2 people per household and a median household income of $1,439 a week.

Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.

Population
3,110
Median age
41 years
Median mortgage
$1,530 / month
2021 household rent
$310 / week
Above the benchmarkBelow the benchmarkIn lineRest of Tas. benchmark

Age profile

Share of residents in each age band.

Under 158.7%Below
15–3433.9%Above
35–5423.1%Below
55–7427.7%In line
75 and over6.8%Below

Homes

Share of occupied private dwellings.

Separate houses38.0%Below
Townhouses33.1%Above
Apartments24.4%Above

Ownership

Share of homes with a stated ownership or rental status.

Owned outright30.9%Below
Paying a mortgage16.6%Below
Renting52.5%Above

Cars at home

Vehicles available to occupied households.

No car14.4%Above
One car47.2%Above
Two cars27.7%Below
Three or more10.9%Below

Getting to work

Selected ways residents worked or travelled on Census day.

Worked from home9.3%Above
Drove to work46.3%Below
Train, tram or bus1.1%In line
Walked or cycled24.1%Above

What stands out in Launceston

9.3% of workers in Launceston worked from home on Census day.

3.3% of Launceston residents were born in England.

46.7% of people in Launceston described themselves as having no religion in the 2021 Census.

A closer look at the Census

Questions people ask about Launceston

Open any question for a plain-English reading of the public 2021 Census for Launceston TAS 7250.

Is Launceston family-friendly?Age, family structure and household size describe the community families would be joining.

8.7% of Launceston's residents were children under 15 in the 2021 Census. That is about half the Rest of Tas. rate.

707 family households lived in Launceston; 25.0% were couple families and 16.3% were one-parent families.

23.9% of local families included children under 15. That is well below the Rest of Tas. average.

These are suburb-wide household figures, not school or childcare ratings.

What is the age profile of Launceston?The balance between younger adults, families and older residents changes how a suburb feels day to day.

Launceston had 3,110 residents at the 2021 Census.

32.8% of residents were aged 25 to 44.

34.5% were 55 or older. That is somewhat below the Rest of Tas. average.

Age shares use the suburb’s total Census population.

What kind of homes are in Launceston?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.

Separate houses made up 38.0% of occupied private dwellings in Launceston.

Townhouses and other attached homes represented 33.1% of occupied private dwellings.

Flats and apartments accounted for 24.4% of occupied private dwellings.

All three shares use occupied private dwellings as the denominator.

Do people own or rent in Launceston?Tenure shows how many households own outright, have a mortgage or rent.

30.9% of households with a stated tenure owned their home outright. That is well below the Rest of Tas. average.

16.6% were buying their home with a mortgage.

52.5% rented their home. That is about twice the Rest of Tas. rate.

Tenure shares include households that stated one of these three arrangements.

How large are households in Launceston?Household-size data shows the mix behind the suburb-wide average.

The average household in Launceston had 2.0 people.

One-person households made up 41.2% of occupied homes. That is well above the Rest of Tas. average.

Two-person households represented 37.1%, while 9.5% had four or more usual residents.

Household size counts usual residents in occupied homes.

How do people get to work in Launceston?Census-day travel shows the balance between home, road, public transport and active travel.

9.3% of workers worked from home on Census day. That is close to the Rest of Tas. average.

46.3% drove a car as their only travel method. That is well below the Rest of Tas. average.

1.1% used only a train, tram or bus, while 24.1% walked or cycled.

Travel figures are a 2021 Census-day snapshot.

How many cars do households have in Launceston?Vehicle availability helps describe the routines local households can support.

14.4% of occupied households had no motor vehicle available. That is about twice the Rest of Tas. rate.

One-car households formed 47.2% of the total.

38.6% of households had two or more vehicles.

Vehicle counts refer to occupied households, not individual residents.

Who's moving to Launceston, and who stays?Address history shows how settled or recently mobile residents were at the Census date.

43.2% were at the same address five years earlier, while 56.8% reported a different address.

25.6% of residents were born outside Australia. That is about twice the Rest of Tas. rate.

Mobility figures cover residents who answered the relevant Census question.

What languages are spoken in Launceston?Language at home gives a direct view of the community’s everyday linguistic mix.

75.9% of residents used only English at home.

17.7% used a language other than English at home.

2.9% spoke Mandarin at home, 0.6% spoke Cantonese and 0.3% spoke Hindi.

Home language is separate from English proficiency.

Where were Launceston residents born?Birthplace adds another layer to the local story, separate from ancestry and language.

25.6% of Launceston's population was born outside Australia, while roughly 74.4% was born in Australia.

1.8% of residents were born in China.

2.7% were born in India, while Australian citizenship across the whole suburb stood at 77.6%.

Birthplace, citizenship and ancestry describe different parts of identity.

What ancestries shape Launceston?Ancestry responses show how residents describe family and cultural background.

English ancestry accounted for 40.0% of ancestry responses in Launceston.

Australian ancestry made up 29.9% of responses.

Chinese ancestry represented 4.9% of responses.

People may nominate more than one ancestry, so these are shares of responses.

What work do people do in Launceston?Occupation describes a person’s role; industry describes the sector employing them.

30.2% of employed residents worked in professional occupations. That is about twice the Rest of Tas. rate.

Managers accounted for 14.2% of employed residents, while clerical and administrative workers made up 11.4%.

Health care and social assistance employed 22.6% of workers, and education and training employed 9.0%.

Occupation and industry figures describe employed residents of the suburb.

How active is the workforce in Launceston?Participation, employment pattern and unemployment describe the resident labour force.

The labour-force participation rate was 64.1%, compared with 55.7% across Rest of Tas..

34.4% of residents aged 15 and over worked full time, while 21.8% worked part time.

Unemployment was 6.8%, compared with 5.6% across Rest of Tas..

Labour-force figures come from the 2021 Census.

What does the health profile of Launceston show?Selected long-term health conditions help describe community service needs.

57.2% reported no selected long-term health condition.

11.4% reported a long-term mental health condition, including depression or anxiety.

9.2% reported asthma, 7.9% arthritis and 3.9% diabetes excluding gestational diabetes.

These are self-reported suburb-wide Census figures, not address-level health risks.

How educated is Launceston?Qualifications describe the study pathways represented among local residents.

33.0% of people in the qualifications table held a bachelor degree. That is well above the Rest of Tas. average.

Postgraduate degrees accounted for 16.4% of qualification responses.

Diploma-level qualifications represented 11.0%, while certificate-level qualifications represented 22.8%.

Qualification categories are reported separately and are not school ratings.

What do incomes and housing costs look like in Launceston?Census income and household payments give historical context for local living costs.

Median household income was $1,439 per week in the 2021 Census.

The median monthly mortgage repayment reported by local households was $1,530.

Occupied renting households reported a median rent of $310 per week.

These household figures are from 2021; current sale and asking-rent medians appear in the market section.

How does Launceston compare with Rest of Tas.?A few clear differences place the suburb in its wider metropolitan context.

Working from home was 9.3% in Launceston, compared with 7.9% across Rest of Tas..

Outright ownership was 30.9% locally and 41.1% across Rest of Tas.. That is well below the Rest of Tas. average.

Renting accounted for 52.5% in Launceston, against 25.6% across Rest of Tas..

Capital-region comparisons use the same Census definitions and year.

Three useful questions

A buyer’s quick guide to Launceston

Is Launceston expensive?

The median house price is $715,000, while units and apartments sit at $566,000. Bedroom count, land and condition still create a wide range around those suburb medians.

Is Launceston good for families?

The Census counted 707 local families, and 8.7% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.

What can I get for $1.5m in Launceston?

4-bedroom houses have a median around $995,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.

Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.

Explore the area

Streets and suburbs around Launceston

97 streets in Launceston

Street-by-street reports are not published yet. The streets below are the ones this suburb covers.

  • Alice Pl
  • Arthur St
  • Avalon Pl
  • Babington St
  • Balfour Pl
  • Balfour St
  • Bathurst St
  • Batten St
  • Benders Ln
  • Boland St
  • Bookmakers Lane
  • Bourke St
  • Bridge Rd
  • Brisbane Arc
  • Brisbane St
  • Broadland Dr
  • Cameron St
  • Canal St
Show all 97 streets
  • Canning St
  • Centre
  • Centreway Arc
  • Charles St
  • Church St
  • Cimitiere St
  • City Plza
  • Civic Sq
  • Claremont St
  • Cleveland St
  • Connaught Cr
  • Coulter Ct
  • Criterion Pl
  • Crown St
  • Cuisine Ln
  • Dowling St
  • Earl St
  • Edmund St
  • Elizabeth St
  • Elphin Rd
  • Esplanade
  • Ethel St
  • Fawkner St
  • Frankland
  • Frankland St
  • Frederick St
  • French St
  • Garnet St
  • George St
  • Henry St
  • High St
  • Home Point Pde
  • Howick St
  • Innes St
  • James St
  • King St
  • Kingsway
  • Kylie Pl
  • Launceston Court Lane
  • Lawrence St
  • Law St
  • Lord St
  • Lyttleton St
  • Maitland St
  • Margaret St
  • Middle St
  • My St
  • Park St
  • Paterson St
  • Percy St
  • Princes St
  • Quadrant
  • Racecourse Cr
  • Rocher St
  • Seaport Bvd
  • Sheppy St
  • Sherwins Ave
  • Shields St
  • St John Cr
  • St John Ct
  • St John Sq
  • St John St
  • Tamar St
  • Tarleton Pl
  • Tatler Pde
  • Thomas St
  • Twining St
  • Union St
  • Upton St
  • Vincent St
  • Walbourne St
  • Wellington St
  • Welman St
  • West Tamar Rd
  • Weymouth St
  • William St
  • Willis St
  • York St
  • Yorktown Sq

Keep exploring

Is Launceston right for your search?

Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.

Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.