Best Real Estate Agents Launceston Tasmania 7250 | Image Property

Launceston

TAS 7250

Last month Launceston had 27 properties available for rent and 27 properties for sale. Median property prices over the last year range from $582,500 for houses to $480,000 for units. If you are looking for an investment property, consider houses in Launceston rent out for $550 with an annual rental yield of 3.20% and units rent for $435 with a rental yield of 3.98%. Launceston has seen an annual compound growth rate of -1.71% for houses and -22.40% for units.

Market Statistics Summary*

Last 12 months (last updated: February 2026)

$688k

Median Sale Price

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

-0.29%

Annual Change in Median Price

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

69

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.

$550

Median Rent

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

4.04%

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

March 2025 - February 2026

Insights over the past 12 months

$688,000
Median price

Down -0.29%

69
Houses sold

4.04%

Estimated rental yield as at February 2026

Median sale price snapshot for houses in Launceston

March 2025 - February 2026

Insights over the past 12 months

$582,500
Median price

Up 4.39%

20
Houses sold

4.29%

Estimated rental yield as at February 2026

Median sale price snapshot for houses in Launceston

March 2025 - February 2026

Insights over the past 12 months

$732,500
Median price

Down -0.68%

22
Houses sold

4.08%

Estimated rental yield as at February 2026

Median sale price snapshot for houses in Launceston

March 2025 - February 2026

Insights over the past 12 months

$1,030,000
Median price

18
Houses sold

3.83%

Estimated rental yield as at February 2026

Median sale price snapshot for houses in Launceston

March 2025 - February 2026

Insights over the past 12 months

$0
Median price

4
Houses sold

3.31%

Estimated rental yield as at February 2026

Median rental price snapshot for houses in Launceston

March 2025 - February 2026

Insights over the past 12 months

$550
Median price

Up 10.00%

109
Houses leased

Median rental price snapshot for houses in Launceston

March 2025 - February 2026

Insights over the past 12 months

$510
Median price

Up 6.25%

35
Houses leased

Median rental price snapshot for houses in Launceston

March 2025 - February 2026

Insights over the past 12 months

$585
Median price

Up 6.36%

44
Houses leased

Median rental price snapshot for houses in Launceston

March 2025 - February 2026

Insights over the past 12 months

$650
Median price

Up 9.24%

13
Houses leased

Median rental price snapshot for houses in Launceston

March 2025 - February 2026

Insights over the past 12 months

$0
Median price

2
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

39

Median days on market

$395 per week

Median rental price

15

Median days listed

Units

$0

Median sale price

77

Median days on market

$350 per week

Median rental price

14

Median days listed

Houses

$582,500

Median sale price

64

Median days on market

$510 per week

Median rental price

19

Median days listed

Units

$480,000

Median sale price

45

Median days on market

$470 per week

Median rental price

22

Median days listed

Houses

$732,500

Median sale price

36

Median days on market

$585 per week

Median rental price

19

Median days listed

Units

$0

Median sale price

131

Median days on market

$0

Median rental price

34

Median days listed

Houses

$1,030,000

Median sale price

63

Median days on market

$650 per week

Median rental price

29

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

106

Median days on market

$0

Median rental price

146

Median days listed

Units

$0

Median sale price

0

Median days on market

$0

Median rental price

0

Median days listed

Houses

$688,000

Median sale price

60

Median days on market

$550 per week

Median rental price

19

Median days listed

Units

$469,500

Median sale price

81

Median days on market

$435 per week

Median rental price

19

Median days listed

Potential Buyers

Potential Buyers

We have insights into the property-purchasing intentions of Australia's largest property-seeking audience: realestate.com.au

These insights actually have a meaningful predictive power: they're not just random clicks on a webpage.

Potential buyers: People who are seriously interested in buy listings on realestate.com.au with the same number of bedrooms, property type and suburb.

Explore Surrounding Suburbs

Newstead

Want an instant digital property report for a property in Launceston?

Enter your address to get an instant digital appraisal on your property or a property you're looking to purchase.

Find Out