Suburb Report for

East Launceston

TAS 7250

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

View median property prices for East Launceston to get a better understanding of local market trends.

House For Sale

12 month snapshot

  • $388K

    Entry

  • $960K

    Median

  • $2M

    Highest

House Rental Data

12 month snapshot

  • Median Rental P/W

    $620
  • Rental Yield

    3.36%
  • Number of Rentals

    29

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East Launceston stats

Explore key metrics on property trends, demographics, and lifestyle factors defining this suburb. All market transactions.

26

Average Days on Market

Calculated from the latest market transactions

31

Total Sales Last 12 Months in East Launceston

$960K

Average Sale Price in East Launceston

7.3%

Suburb Growth

12 month snapshot

Recent Suburb Sales

The most recent sales in East Launceston.

6/62 High Street

6/62 High Street

East Launceston TAS 7250

$498,000

Sold June 2026

2 Bed1 Bath1 Car

5a Sussex Street

5a Sussex Street

East Launceston TAS 7250

$885,000

Sold May 2026

4 Bed2 Bath2 Car

30 Berean Street

30 Berean Street

East Launceston TAS 7250

$750,000

Sold May 2026

2 Bed1 Bath2 Car

28 Malabar Street

28 Malabar Street

East Launceston TAS 7250

$1,160,000

Sold May 2026

4 Bed2 Bath3 Car

14 Philip Street

14 Philip Street

East Launceston TAS 7250

$1,000,000

Sold May 2026

3 Bed1 Bath1 Car

3 Mary Street

3 Mary Street

East Launceston TAS 7250

$950,000

Sold May 2026

3 Bed2 Bath2 Car

7 Sussex Street

7 Sussex Street

East Launceston TAS 7250

$1,185,000

Sold April 2026

4 Bed2 Bath2 Car

44-46 Abbott Street

44-46 Abbott Street

East Launceston TAS 7250

$733,000

Sold March 2026

2 Bed1 Bath2 Car

44-46 Abbott Street

44-46 Abbott Street

East Launceston TAS 7250

$733,000

Sold March 2026

2 Bed1 Bath2 Car

10/62 High Street

10/62 High Street

East Launceston TAS 7250

$550,000

Sold March 2026

2 Bed1 Bath1 Car

34 Malabar Street

34 Malabar Street

East Launceston TAS 7250

$725,000

Sold March 2026

3 Bed1 Bath2 Car

67 High Street

67 High Street

East Launceston TAS 7250

$965,000

Sold February 2026

3 Bed2 Bath2 Car

48 Arthur Street

48 Arthur Street

East Launceston TAS 7250

$975,000

Sold February 2026

3 Bed2 Bath2 Car

23 Abbott Street

23 Abbott Street

East Launceston TAS 7250

$1,300,000

Sold February 2026

3 Bed2 Bath2 Car

2/1 Bifrons Court

2/1 Bifrons Court

East Launceston TAS 7250

$465,000

Sold January 2026

2 Bed1 Bath1 Car

2 Raymond Street

2 Raymond Street

East Launceston TAS 7250

$775,000

Sold January 2026

3 Bed2 Bath1 Car

17 Berean Street

17 Berean Street

East Launceston TAS 7250

$825,000

Sold January 2026

3 Bed1 Bath2 Car

3/28 Abbott Street

3/28 Abbott Street

East Launceston TAS 7250

$540,000

Sold January 2026

2 Bed1 Bath1 Car

20 Erina Street

20 Erina Street

East Launceston TAS 7250

$797,000

Sold December 2025

3 Bed1 Bath2 Car

45 High Street

45 High Street

East Launceston TAS 7250

$1,215,000

Sold December 2025

3 Bed2 Bath3 Car

5/42 Abbott Street

5/42 Abbott Street

East Launceston TAS 7250

$635,000

Sold December 2025

3 Bed1 Bath2 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

East Launceston

28 Malabar Street East Launceston TAS 7250

$1,000,000 - $1,200,000
4
2
3
View 28 Malabar Street East Launceston TAS 7250
Launceston

4 Crown Street Launceston TAS 7250

$950,000 - $1,050,000
4
2
2
View 4 Crown Street Launceston TAS 7250
Prospect Vale

2/22 Clance Avenue Prospect Vale TAS 7250

$745,000 - $795,000
3
2
2
View 2/22 Clance Avenue Prospect Vale TAS 7250
Prospect Vale

59 Trafalgar Drive Prospect Vale TAS 7250

$930,000
4
2
2
View 59 Trafalgar Drive Prospect Vale TAS 7250

What's your home worth?

Find out the value of your property and see comparable sales, suburb performances and more. It takes seconds.

Latest Community News

John McGrath – Consumer Index gives buyers the edgeNEWS

John McGrath – Consumer Index gives buyers the edge

While the current property market may seem subdued, rising consumer confidence and cooler conditions present ideal opportunities for buyers, particularly in affordable and highly liveable cities like Melbourne, says John McGrath, Chief Executive Officer of McGrath Estate Agents. Our current property market is not entirely doom and gloom, according to…
July 26, 2026
buy
John McGrath – Buying and selling in a cooling marketNEWS

John McGrath – Buying and selling in a cooling market

Weekends have always been a busy time for real estate agents, with auctions as well as open homes for prospective buyers and tenants. At the same time, we have been experiencing not only a traditionally quieter Winter season but also a market correction and auction clearance rate declines, which have impacted…
July 19, 2026
John McGrath – A property correction to be expected not fearedNEWS

John McGrath – A property correction to be expected not feared

Real estate has always been a favourite topic of conversation around the dinner table or at coffee catch ups. With so much property noise out there now, these discussions have become even more intense. Wherever you are in the property cycle, you should know one thing: real estate changes invariably…
July 13, 2026

Properties for sale with McGrath

Prospect

192 Westbury Road Prospect TAS 7250

$950,000 - $1,100,000
6
3
3
View 192 Westbury Road Prospect TAS 7250
Riverside

49 Ecclestone Road Riverside TAS 7250

$895,000 - $975,000
3
1
4
View 49 Ecclestone Road Riverside TAS 7250
Riverside

22A Pomona Road Riverside TAS 7250

$865,000 - $935,000
4
2
3
View 22A Pomona Road Riverside TAS 7250
Newstead

2/65 Cypress Street Newstead TAS 7250

$625,000 - $675,000
2
2
2
View 2/65 Cypress Street Newstead TAS 7250

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