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.
House For Sale
12 month snapshot
$431K
Entry
$630.4K
Median
$1.8M
Highest
Unit For sale
12 month snapshot
$176K
Entry
$405K
Median
$720K
Highest
House Rental Data
12 month snapshot
Median Rental P/W
$550
Rental Yield
4.54%
Number of Rentals
92
Unit Rental Data
12 month snapshot
Median Rental P/W
$420
Rental Yield
5.39%
Number of Rentals
36
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South Launceston stats
Explore key metrics on property trends, demographics, and lifestyle factors defining this suburb. All market transactions.
28
Average Days on Market
Calculated from the latest market transactions54
Total Sales Last 12 Months in South Launceston
$630.4K
Average Sale Price in South Launceston
14.2%
Suburb Growth
12 month snapshotRecent Suburb Sales
The most recent sales in South Launceston.

18 Chungon Crescent
South Launceston TAS 7249
$645,000
Sold July 2026
3 Bed2 Bath2 Car

71 Westbury Road
South Launceston TAS 7249
$590,000
Sold July 2026
3 Bed2 Bath1 Car

4/37 Leslie Street
South Launceston TAS 7249
$550,000
Sold July 2026
2 Bed1 Bath1 Car

3 Westbury Road
South Launceston TAS 7249
$725,000
Sold July 2026
3 Bed2 Bath1 Car

9 Bailey Street
South Launceston TAS 7249
$680,000
Sold July 2026
3 Bed1 Bath4 Car

126 Lawrence Vale Road
South Launceston TAS 7249
$542,000
Sold June 2026
2 Bed2 Bath3 Car

1/37 Leslie Street
South Launceston TAS 7249
$545,000
Sold June 2026
3 Bed1 Bath2 Car

7/92a Talbot Road
South Launceston TAS 7249
$415,000
Sold June 2026
1 Bed1 Bath1 Car

427 Wellington Street
South Launceston TAS 7249
$580,000
Sold June 2026
3 Bed1 Bath2 Car

91 Normanstone Road
South Launceston TAS 7249
$772,000
Sold June 2026
5 Bed1 Bath2 Car

318 Wellington Street
South Launceston TAS 7249
$542,000
Sold May 2026
2 Bed1 Bath1 Car

56 Mulgrave Street
South Launceston TAS 7249
$700,000
Sold May 2026
4 Bed3 Bath2 Car

11 Glen Dhu Street
South Launceston TAS 7249
$670,000
Sold May 2026
3 Bed1 Bath3 Car

9 Hampden Street
South Launceston TAS 7249
$665,000
Sold May 2026
2 Bed1 Bath1 Car

19 Leonard Street
South Launceston TAS 7249
$1,080,000
Sold May 2026
4 Bed2 Bath4 Car

20 Leslie Street
South Launceston TAS 7249
$790,000
Sold May 2026
4 Bed1 Bath2 Car

15 Charles Street
South Launceston TAS 7249
$1,095,000
Sold May 2026
3 Bed2 Bath2 Car

1 Vernon Street
South Launceston TAS 7249
$693,000
Sold May 2026
3 Bed2 Bath1 Car

1/8 Weedon Avenue
South Launceston TAS 7249
$610,000
Sold May 2026
3 Bed1 Bath3 Car

4 Leslie Street
South Launceston TAS 7249
$700,000
Sold May 2026
4 Bed1 Bath2 Car

2 Bennett Street
South Launceston TAS 7249
$391,000
Sold April 2026
2 Bed1 Bath3 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
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Latest Community News

John McGrath – Consumer Index gives buyers the edge

John McGrath – Buying and selling in a cooling market














