Suburb Report for

South Launceston

TAS 7249

Whether you’re looking to buy, sell or rent, stay up to date with what’s happening in South 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 South Launceston

View median property prices for South 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 South Launceston.

40 Mulgrave Street

40 Mulgrave Street

South Launceston TAS 7249

$710,000

Sold October 2026

3 Bed2 Bath2 Car

19 Normanstone Road

19 Normanstone Road

South Launceston TAS 7249

$630,000

Sold October 2026

2 Bed1 Bath1 Car

33 Normanstone Road

33 Normanstone Road

South Launceston TAS 7249

$665,000

Sold October 2026

4 Bed1 Bath3 Car

11 Heather Street

11 Heather Street

South Launceston TAS 7249

$620,000

Sold October 2026

3 Bed1 Bath2 Car

9 Legana Street

9 Legana Street

South Launceston TAS 7249

$710,000

Sold October 2026

4 Bed2 Bath3 Car

43 Galvin Street

43 Galvin Street

South Launceston TAS 7249

$710,000

Sold October 2026

2 Bed1 Bath3 Car

77 Thistle Street

77 Thistle Street

South Launceston TAS 7249

$770,000

Sold October 2026

4 Bed2 Bath2 Car

33 Lawrence Vale Road

33 Lawrence Vale Road

South Launceston TAS 7249

$723,500

Sold September 2026

3 Bed1 Bath3 Car

63 Thistle Street

63 Thistle Street

South Launceston TAS 7249

$666,000

Sold September 2026

3 Bed1 Bath2 Car

27 Peel Street

27 Peel Street

South Launceston TAS 7249

$895,000

Sold September 2026

3 Bed2 Bath3 Car

30 Watchorn Street

30 Watchorn Street

South Launceston TAS 7249

$612,000

Sold August 2026

3 Bed1 Bath2 Car

44 Waveney Street

44 Waveney Street

South Launceston TAS 7249

$750,000

Sold August 2026

3 Bed2 Bath1 Car

4 Galvin Street

4 Galvin Street

South Launceston TAS 7249

$785,000

Sold August 2026

3 Bed1 Bath2 Car

84 Normanstone Road

84 Normanstone Road

South Launceston TAS 7249

$600,000

Sold August 2026

3 Bed1 Bath3 Car

18 Legana Street

18 Legana Street

South Launceston TAS 7249

$525,000

Sold August 2026

2 Bed1 Bath1 Car

2/14 Leslie Street

2/14 Leslie Street

South Launceston TAS 7249

$620,000

Sold August 2026

3 Bed2 Bath3 Car

4/29-33 Mulgrave Street

4/29-33 Mulgrave Street

South Launceston TAS 7249

$480,000

Sold July 2026

2 Bed1 Bath1 Car

26 Kerran Crescent

26 Kerran Crescent

South Launceston TAS 7249

$630,000

Sold July 2026

3 Bed2 Bath2 Car

1/14 Leslie Street

1/14 Leslie Street

South Launceston TAS 7249

$585,000

Sold July 2026

3 Bed1 Bath2 Car

18 Chungon Crescent

18 Chungon Crescent

South Launceston TAS 7249

$645,000

Sold July 2026

3 Bed2 Bath2 Car

82 Meredith Crescent

82 Meredith Crescent

South Launceston TAS 7249

$955,000

Sold July 2026

6 Bed4 Bath3 Car

Latest McGrath Market Activity

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

186

Total McGrath sales in the last 12 months

$700K

Median Sale Price with McGrath

2963

Buyers Met

Recently sold properties with McGrath

South Launceston

18 Melbourne Street South Launceston TAS 7249

Sold $870,000
4
2
1
View 18 Melbourne Street South Launceston TAS 7249
South Launceston

24 Kerran Crescent South Launceston TAS 7249

Contact Agent
3
2
2
View 24 Kerran Crescent South Launceston TAS 7249
South Launceston

15 Charles Street South South Launceston TAS 7249

Sold $1,095,000
3
2
2
View 15 Charles Street South South Launceston TAS 7249
Kings Meadows

2/10 Reid Street Kings Meadows TAS 7249

Sold $565,000
2
2
1
View 2/10 Reid Street Kings Meadows TAS 7249
Kings Meadows

3/10 Reid Street Kings Meadows TAS 7249

Sold $575,000
2
1
2
View 3/10 Reid Street Kings Meadows TAS 7249
Youngtown

14 Nathan Place Youngtown TAS 7249

Contact Agent
4
2
6
View 14 Nathan Place Youngtown TAS 7249

What's your home worth?

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Latest Community News

Market
John McGrath – The new year holds promise of a fresh market cycleNEWS

John McGrath – The new year holds promise of a fresh market cycle

Last week, we released the McGrath Report 2027 in which we analyse key property issues, important trends, and my top suburban and regional suburb picks in NSW, Queensland, Victoria, and Tasmania. The past 12 months certainly haven’t been dull. Following a period of strong growth, particularly in our mid-sized capitals,…
November 2, 2026
buyers
John McGrath – Opportunity remains for entry level buyersNEWS

John McGrath – Opportunity remains for entry level buyers

We’re now just nine weeks out from Christmas, and homeowners and renters are looking forward to some holiday breathing space after a difficult year for budgets around the country. Yet amidst the current property downturn, hopes for a stabilisation next year remain and more confident buyers and sellers are returning…
October 25, 2026
buyers
John McGrath – How the increase in new home numbers will help buyersNEWS

John McGrath – How the increase in new home numbers will help buyers

Recent promising data about the new housing market should help boost buyer sentiment in the current property correction, especially among those buying for the first time. The statistics may also help buyers slowly coming back to the market to purchase between now and Christmas. The latest Australian Bureau of Statistics…
October 19, 2026

Properties for sale with McGrath

Youngtown

3/421 Hobart Road Youngtown TAS 7249

$575,000 - $620,000
2
1
2
View 3/421 Hobart Road Youngtown TAS 7249
Grindelwald

67 Atkinsons Road Grindelwald TAS 7277

Best Offer Over $1,190,000
4
2
4
View 67 Atkinsons Road Grindelwald TAS 7277
Riverside

60 New Ecclestone Road Riverside TAS 7250

Expressions Of Interest
5
4
8
View 60 New Ecclestone Road Riverside TAS 7250
Dilston

19 Rostella Road Dilston TAS 7252

Best Offer Over $975,000
2
1
4
View 19 Rostella Road Dilston TAS 7252

Properties for rent with McGrath

Invermay

2/73 Mayne Street Invermay TAS 7248

$335.00 pw
1
1
1
View 2/73 Mayne Street Invermay TAS 7248
Brighton

5/4 Haskell Road Brighton TAS 7030

$650.00 pw
3
2
2
View 5/4 Haskell Road Brighton TAS 7030

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