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.

46 Welman Street

46 Welman Street

Launceston TAS 7250

$1,120,000

Sold October 2026

4 Bed2 Bath1 Car

5/234 St John Street

5/234 St John Street

Launceston TAS 7250

$640,000

Sold September 2026

3 Bed2 Bath2 Car

4 Princes Street

4 Princes Street

Launceston TAS 7250

$960,000

Sold September 2026

3 Bed2 Bath2 Car

249 Charles Street

249 Charles Street

Launceston TAS 7250

$690,000

Sold September 2026

3 Bed1 Bath1 Car

53 Upton Street

53 Upton Street

Launceston TAS 7250

$612,000

Sold August 2026

4 Bed2 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

10 King Street

10 King Street

Launceston TAS 7250

$620,000

Sold August 2026

2 Bed1 Bath1 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

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

167 George Street

167 George Street

Launceston TAS 7250

$1,100,000

Sold May 2026

4 Bed2 Bath3 Car

99 Balfour Street

99 Balfour Street

Launceston TAS 7250

$790,000

Sold May 2026

2 Bed1 Bath2 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

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
Riverside

192 Cormiston Road Riverside TAS 7250

Contact Agent
4
2
10
View 192 Cormiston Road Riverside TAS 7250
Trevallyn

84 Reatta Road Trevallyn TAS 7250

Contact Agent
4
4
3
View 84 Reatta Road Trevallyn TAS 7250
West Launceston

1 Hillside Crescent West Launceston TAS 7250

Sold $1,450,000
5
2
4
View 1 Hillside Crescent West Launceston TAS 7250
Norwood

11 Montifiore Street Norwood TAS 7250

Sold $715,000
3
2
2
View 11 Montifiore Street Norwood TAS 7250

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

Launceston

15 Wellington Street Launceston TAS 7250

$995,000 - $1,150,000
3
2
2
View 15 Wellington Street Launceston TAS 7250
Launceston

101 Margaret Street Launceston TAS 7250

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

60 New Ecclestone Road Riverside TAS 7250

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

75 Corin Street West Launceston TAS 7250

$980,000 - $1,180,000
5
2
4
View 75 Corin Street West Launceston TAS 7250

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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