Suburb Report for
Launceston
TAS 7250
Whether you’re looking to buy, sell or rent, stay up to date with what’s happening in Launceston.
About McGrath
Since joining the McGrath family, our agency continues to enjoy growing successes for our clients, consistently achieving results well above market average, setting and breaking local results records and receiving multiple industry awards. We are thrilled that this has all been achieved while maintaining the honesty, integrity, personal service and down-to-earth approach that we are known for.
Market trends for Launceston
View median property prices for Launceston to get a better understanding of local market trends.
House For Sale
12 month snapshot
$310K
Entry
$750K
Median
$1.9M
Highest
Unit For sale
12 month snapshot
$204K
Entry
$540K
Median
$3.2M
Highest
House Rental Data
12 month snapshot
Median Rental P/W
$600
Rental Yield
4.16%
Number of Rentals
51
Unit Rental Data
12 month snapshot
Median Rental P/W
$460
Rental Yield
4.43%
Number of Rentals
68
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Launceston stats
Explore key metrics on property trends, demographics, and lifestyle factors defining this suburb. All market transactions.
18
Average Days on Market
Calculated from the latest market transactions37
Total Sales Last 12 Months in Launceston
$750K
Average Sale Price in Launceston
11.1%
Suburb Growth
12 month snapshotRecent Suburb Sales
The most recent sales in Launceston.
2/61 Elphin Road
Launceston TAS 7250
$440,000
Sold July 2026
2 Bed1 Bath1 Car
169 York Street
Launceston TAS 7250
$570,000
Sold July 2026
2 Bed1 Bath1 Car
2/105 George Street
Launceston TAS 7250
$620,000
Sold July 2026
3 Bed2 Bath1 Car
4 Crown Street
Launceston TAS 7250
$1,050,000
Sold July 2026
4 Bed2 Bath2 Car
1/12 Racecourse Crescent
Launceston TAS 7250
$415,000
Sold June 2026
2 Bed1 Bath1 Car
36 Elphin Road
Launceston TAS 7250
$670,000
Sold June 2026
2 Bed1 Bath1 Car
105/16 Paterson Street
Launceston TAS 7250
$330,000
Sold June 2026
1 Bed1 Bath- Car
9 Rocher Street
Launceston TAS 7250
$675,000
Sold May 2026
3 Bed2 Bath3 Car
10 My Street
Launceston TAS 7250
$858,800
Sold May 2026
3 Bed2 Bath2 Car
167 George Street
Launceston TAS 7250
$1,100,000
Sold May 2026
4 Bed2 Bath3 Car
118 Frankland Street
Launceston TAS 7250
$730,000
Sold May 2026
3 Bed1 Bath1 Car
4/72 Charles Street
Launceston TAS 7250
$665,000
Sold May 2026
2 Bed1 Bath1 Car
24 French Street
Launceston TAS 7250
$2,000,000
Sold May 2026
3 Bed3 Bath2 Car
99 Balfour Street
Launceston TAS 7250
$790,000
Sold May 2026
2 Bed1 Bath2 Car
102 Frankland Street
Launceston TAS 7250
$1,150,000
Sold May 2026
3 Bed2 Bath2 Car
7/135-143 Paterson Street
Launceston TAS 7250
$636,500
Sold April 2026
2 Bed1 Bath1 Car
506/16 Paterson Street
Launceston TAS 7250
$350,000
Sold April 2026
1 Bed1 Bath- Car
17 Maitland Street
Launceston TAS 7250
$735,000
Sold April 2026
3 Bed1 Bath2 Car
5 Edmund Street
Launceston TAS 7250
$650,000
Sold April 2026
2 Bed1 Bath1 Car
11 Cimitiere Street
Launceston TAS 7250
$655,000
Sold April 2026
3 Bed1 Bath1 Car
4/6 Maitland Street
Launceston TAS 7250
$355,000
Sold April 2026
2 Bed1 Bath1 Car
Latest McGrath Market Activity
Discover the latest insights on property transactions, price movements, and demand trends.
202
Total McGrath sales in the last 12 months
$782K
Average Sale Price with McGrath
3526
Buyers Met
Recently sold properties with McGrath
What's your home worth?
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Latest Community News
John McGrath – Consumer Index gives buyers the edge
John McGrath – Consumer Index gives buyers the edge
John McGrath – Buying and selling in a cooling market
John McGrath – Buying and selling in a cooling market
John McGrath – A property correction to be expected not feared
