Best Real Estate Agents Launceston Tasmania 7250 | Image Property

Launceston

TAS 7250

Last month Launceston had 19 properties available for rent and 32 properties for sale. Median property prices over the last year range from $552,500 for houses to $420,000 for units. If you are looking for an investment property, consider houses in Launceston rent out for $540 with an annual rental yield of 3.27% and units rent for $430 with a rental yield of 4.17%. Launceston has seen an annual compound growth rate of -20.00% for houses and -12.09% for units.

Market Statistics Summary*

Last 12 months (last updated: November 2025)

$640k

Median Sale Price

The median sale price is the middle value of all sale prices in a given period.

-14.67%

Annual Change in Median Price

Change in sale price of properties sold in the last 12 months compared to 12 months prior.

59

Properties Sold

The number of properties sold in the last year.

60

Median Days on Market

The middle value of all days on market for properties sold in a given period.

$540

Median Rent

The middle value of all rental prices in a given period.

4.01%

Median Rental Yield

Estimated annual rent earned on a property as a percentage of its market value.

Median Sale Price

Property market insights for houses in Launceston, TAS. Adjust the bedroom count for further insights.

House Price Guide

Median sale price snapshot for houses in Launceston

December 2024 - November 2025

Insights over the past 12 months

$640,000
Median price

Down -14.67%

59
Houses sold

4.01%

Estimated rental yield as at November 2025

Median sale price snapshot for houses in Launceston

December 2024 - November 2025

Insights over the past 12 months

$552,500
Median price

18
Houses sold

4.29%

Estimated rental yield as at November 2025

Median sale price snapshot for houses in Launceston

December 2024 - November 2025

Insights over the past 12 months

$750,000
Median price

Down -11.24%

21
Houses sold

4.09%

Estimated rental yield as at November 2025

Median sale price snapshot for houses in Launceston

December 2024 - November 2025

Insights over the past 12 months

$866,000
Median price

Up 35.21%

15
Houses sold

3.79%

Estimated rental yield as at November 2025

Median sale price snapshot for houses in Launceston

December 2024 - November 2025

Insights over the past 12 months

$0
Median price

2
Houses sold

3.26%

Estimated rental yield as at November 2025

Median rental price snapshot for houses in Launceston

December 2024 - November 2025

Insights over the past 12 months

$540
Median price

Up 8.00%

119
Houses leased

Median rental price snapshot for houses in Launceston

December 2024 - November 2025

Insights over the past 12 months

$500
Median price

Up 5.26%

41
Houses leased

Median rental price snapshot for houses in Launceston

December 2024 - November 2025

Insights over the past 12 months

$578
Median price

Up 5.09%

47
Houses leased

Median rental price snapshot for houses in Launceston

December 2024 - November 2025

Insights over the past 12 months

$650
Median price

Up 4.00%

15
Houses leased

Median rental price snapshot for houses in Launceston

December 2024 - November 2025

Insights over the past 12 months

$0
Median price

1
Houses leased

Median Price Insight in Launceston

Price and market insights over the last 12 months for houses and units in the Launceston area.

Median Price Guide

Houses

$0

Median sale price

38

Median days on market

$375 per week

Median rental price

21

Median days listed

Units

$0

Median sale price

51

Median days on market

$380 per week

Median rental price

15

Median days listed

Houses

$552,500

Median sale price

66

Median days on market

$500 per week

Median rental price

19

Median days listed

Units

$420,000

Median sale price

74

Median days on market

$450 per week

Median rental price

23

Median days listed

Houses

$750,000

Median sale price

35

Median days on market

$578 per week

Median rental price

18

Median days listed

Units

$0

Median sale price

131

Median days on market

$0

Median rental price

36

Median days listed

Houses

$866,000

Median sale price

65

Median days on market

$650 per week

Median rental price

20

Median days listed

Units

$0

Median sale price

0

Median days on market

$0

Median rental price

0

Median days listed

Houses

$0

Median sale price

0

Median days on market

$0

Median rental price

0

Median days listed

Units

$0

Median sale price

81

Median days on market

$0

Median rental price

34

Median days listed

Houses

$0

Median sale price

230

Median days on market

$0

Median rental price

20

Median days listed

Units

$0

Median sale price

0

Median days on market

$0

Median rental price

0

Median days listed

Houses

$640,000

Median sale price

60

Median days on market

$540 per week

Median rental price

20

Median days listed

Units

$454,500

Median sale price

75

Median days on market

$430 per week

Median rental price

22

Median days listed

Potential Buyers

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