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.

Median price

5-year trend · 12 month snapshot
Price range · last 12 months
Entry
Median
Highest

Year on year

Median · growth · sales volume

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Recent Suburb Sales

The most recent sales in Launceston.

249 Charles Street

249 Charles Street

Launceston TAS 7250

$690,000

Sold September 2026

3 Bed1 Bath1 Car

10 King Street

10 King Street

Launceston TAS 7250

$620,000

Sold September 2026

2 Bed1 Bath1 Car

301 Brisbane Street

301 Brisbane Street

Launceston TAS 7250

$650,000

Sold August 2026

4 Bed3 Bath2 Car

17 Lord Street

17 Lord Street

Launceston TAS 7250

$1,180,000

Sold August 2026

4 Bed3 Bath4 Car

2/61 Elphin Road

2/61 Elphin Road

Launceston TAS 7250

$440,000

Sold July 2026

2 Bed1 Bath1 Car

169 York Street

169 York Street

Launceston TAS 7250

$570,000

Sold July 2026

2 Bed1 Bath1 Car

2/105 George Street

2/105 George Street

Launceston TAS 7250

$620,000

Sold July 2026

3 Bed2 Bath1 Car

Sold by McGrath4 Crown Street

4 Crown Street

Launceston TAS 7250

$1,050,000

Sold July 2026

4 Bed2 Bath- Car

1/12 Racecourse Crescent

1/12 Racecourse Crescent

Launceston TAS 7250

$415,000

Sold June 2026

2 Bed1 Bath1 Car

36 Elphin Road

36 Elphin Road

Launceston TAS 7250

$670,000

Sold June 2026

2 Bed1 Bath1 Car

105/16 Paterson Street

105/16 Paterson Street

Launceston TAS 7250

$330,000

Sold June 2026

1 Bed1 Bath- Car

Sold by McGrath9 Rocher Street

9 Rocher Street

Launceston TAS 7250

$675,000

Sold May 2026

3 Bed2 Bath- Car

10 My Street

10 My Street

Launceston TAS 7250

$858,800

Sold May 2026

3 Bed2 Bath2 Car

167 George Street

167 George Street

Launceston TAS 7250

$1,100,000

Sold May 2026

4 Bed2 Bath3 Car

118 Frankland Street

118 Frankland Street

Launceston TAS 7250

$730,000

Sold May 2026

3 Bed1 Bath1 Car

4/72 Charles Street

4/72 Charles Street

Launceston TAS 7250

$665,000

Sold May 2026

2 Bed1 Bath1 Car

24 French Street

24 French Street

Launceston TAS 7250

$2,000,000

Sold May 2026

3 Bed3 Bath2 Car

99 Balfour Street

99 Balfour Street

Launceston TAS 7250

$790,000

Sold May 2026

2 Bed1 Bath2 Car

102 Frankland Street

102 Frankland Street

Launceston TAS 7250

$1,150,000

Sold May 2026

3 Bed2 Bath2 Car

31 Cimitiere Street

31 Cimitiere Street

Launceston TAS 7250

$630,000

Sold May 2026

3 Bed1 Bath1 Car

506/16 Paterson Street

506/16 Paterson Street

Launceston TAS 7250

$350,000

Sold April 2026

1 Bed1 Bath- Car

Latest McGrath Market Activity

Discover the latest insights on property transactions, price movements, and demand trends.

170

Total McGrath sales in the last 12 months

$740K

Median Sale Price with McGrath

2991

Buyers Met

Recently sold properties with McGrath

Launceston

4 Crown Street Launceston TAS 7250

Sold $1,050,000
4
2
2
View 4 Crown Street Launceston TAS 7250
Launceston

9 Rocher Street Launceston TAS 7250

Sold $675,000
3
2
3
View 9 Rocher Street Launceston TAS 7250
West Launceston

5 Pascoe Street West Launceston TAS 7250

Sold $783,000
3
2
View 5 Pascoe Street West Launceston TAS 7250
Prospect

192 Westbury Road Prospect TAS 7250

Sold $975,000
6
3
3
View 192 Westbury Road Prospect TAS 7250
Riverside

22A Pomona Road Riverside TAS 7250

Sold $935,000
4
2
3
View 22A Pomona Road Riverside TAS 7250
Newstead

1/23 Beverley Hills Road Newstead TAS 7250

Sold $892,000
3
2
2
View 1/23 Beverley Hills Road Newstead TAS 7250

What's your home worth?

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Latest Community News

auction
John McGrath – Auctions’ potential for success in a changing marketNEWS

John McGrath – Auctions’ potential for success in a changing market

After a cool auction market this Winter, it’s been promising to see volume numbers and clearance rates pick up in the past week or two. What’s also encouraging is that these gradual increases indicate that this market is returning to the usual Spring pattern for this time of year. In…
September 14, 2026
first home
John McGrath – First home buyers’ new position in today’s marketNEWS

John McGrath – First home buyers’ new position in today’s market

First home buyers are facing the same market correction as more experienced property purchasers. Federal Budget investment changes have impacted their situation, as has the national First Home Guarantee, which was expanded in October 2025. Most buyers also remain cautious as cost-of-living pressures including the ongoing Middle East conflict, continue. But…
September 6, 2026
regional
John McGrath – How some regional areas are outshining othersNEWS

John McGrath – How some regional areas are outshining others

In a trend that began late last year, regional locations across Australia again outpaced capital cities in the three months to July, although the gradual slowdown noticeable in the first quarter continued. Cotality’s Regional Market Update this month, which examines the country’s largest regional areas, found that Western Australia recorded the…
August 30, 2026

Properties for sale with McGrath

Launceston

101 Margaret Street Launceston TAS 7250

$890,000 - $975,000
4
2
2
View 101 Margaret Street Launceston TAS 7250
West Launceston

6 Batman Avenue West Launceston TAS 7250

$725,000 - $775,000
3
1
2
View 6 Batman Avenue West Launceston TAS 7250
Riverside

2/54 Orana Place Riverside TAS 7250

$475,000 - $525,000
2
1
1
View 2/54 Orana Place Riverside TAS 7250
West Launceston

41 Hillside Crescent West Launceston TAS 7250

$795,000 - $855,000
3
1
2
View 41 Hillside Crescent West Launceston TAS 7250

Properties for rent with McGrath

East Launceston

65A High Street East Launceston TAS 7250

$650per week pw
3
1
2
View 65A High Street East Launceston TAS 7250

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