Launceston Overview
Launceston is a compact regional hub, home to approximately 98,441 residents across 94 suburbs in Tasmania. The metro area represents a stable market attractive to both investors and owner-occupiers, with a median household income of $75,980 per year (ABS 2021 Census). The city features a diverse regional landscape, offering varied opportunities for residential property investors.
City Investment Score
39
/ 100
Weak
Launceston offers a balanced demographic that supports steady market conditions.
Key Statistics
Avg Household Income
$75,980/yr
Avg Distance to CBD
239 km
Investment Strategy
⚠️
Buy & Hold
Launceston offers pockets of strong growth potential — research individual suburbs carefully.
⚠️
Rental Yield
Yields across Launceston vary — inner and middle-ring suburbs tend to offer better rental fundamentals.
⚠️
Renovation / Flip
Selective renovation projects in Launceston can work well with careful suburb-level analysis.
Top Investment Suburbs in Launceston
Ranked by EquitySight Investment Score · Based on income, location, transport, amenity, and rental indicators
Risk Factors
As a regional city, Launceston's property market is more sensitive to local economic conditions.
Changes to Australian tax settings (negative gearing, CGT discount) could reshape investor returns in Launceston.
Property markets are cyclical — Launceston's current conditions may shift with broader Tasmania economic trends.
2026 Outlook
Growth: Low
Rental Demand: Low
Investor Sentiment: Low
Price movement in Launceston is expected to be modest in 2026, reflecting current market dynamics. Rental demand may be softer in parts of Launceston — investors should budget for potential vacancy periods. Investor sentiment toward Launceston is currently subdued — contrarian investors may find value.
Run the numbers on a Launceston property
Full Property Analysis
30-year projections for Launceston
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All 94 Suburbs in Launceston
Riverside 7250
Pop. 7,326 164 km to CBD $78,988/yr
regional
Newnham 7248
Pop. 7,073 167 km to CBD $63,596/yr
regional
Newstead 7250
Pop. 5,617 161 km to CBD $76,440/yr
regional
Prospect Vale 7250
Pop. 5,433 157 km to CBD $65,936/yr
regional
South Launceston 7249
Pop. 4,894 159 km to CBD $71,448/yr
regional
Trevallyn 7250
Pop. 4,826 161 km to CBD $83,928/yr
regional
George Town 7253
Pop. 4,536 202 km to CBD $46,852/yr
regional
Kings Meadows 7249
Pop. 4,359 158 km to CBD $67,912/yr
regional
West Launceston 7250
Pop. 4,316 160 km to CBD $76,336/yr
regional
Youngtown 7249
Pop. 4,315 156 km to CBD $71,188/yr
regional
Mowbray 7248
Pop. 4,048 165 km to CBD $59,176/yr
regional
Norwood 7250
Pop. 3,869 159 km to CBD $74,880/yr
regional
Ravenswood 7250
Pop. 3,804 163 km to CBD $44,616/yr
regional
Invermay 7248
Pop. 3,498 163 km to CBD $58,656/yr
regional
Summerhill 7250
Pop. 3,139 158 km to CBD $69,004/yr
regional
Launceston 7250
Pop. 3,110 162 km to CBD $74,828/yr
regional
Scottsdale 7260
Pop. 2,408 191 km to CBD $50,180/yr
regional
St Leonards 7250
Pop. 2,351 158 km to CBD $81,744/yr
regional
East Launceston 7250
Pop. 2,270 161 km to CBD $98,020/yr
regional
Prospect 7250
Pop. 1,908 156 km to CBD $64,116/yr
regional
Waverley 7250
Pop. 1,583 162 km to CBD $52,364/yr
regional
Mayfield 7248
Pop. 1,525 167 km to CBD $46,072/yr
regional
Blackstone Heights 7250
Pop. 1,245 159 km to CBD $120,848/yr
regional
Rocherlea 7248
Pop. 1,033 168 km to CBD $41,288/yr
regional
Currie 7256
Pop. 766 438 km to CBD $64,584/yr
regional
Relbia 7258
Pop. 691 154 km to CBD $137,228/yr
regional
Low Head 7253
Pop. 619 207 km to CBD $51,116/yr
regional
Hillwood 7252
Pop. 591 188 km to CBD $89,336/yr
regional
Dilston 7252
Pop. 558 175 km to CBD $93,340/yr
regional
Punchbowl 7249
Pop. 491 159 km to CBD $64,116/yr
regional
Swan Bay 7252
Pop. 457 179 km to CBD $116,324/yr
regional
Pipers River 7252
Pop. 433 197 km to CBD $78,416/yr
regional
Travellers Rest 7250
Pop. 348 155 km to CBD $104,884/yr
regional
Whitemark 7255
Pop. 308 317 km to CBD $57,460/yr
regional
Nunamara 7259
Pop. 305 165 km to CBD $87,360/yr
regional
Windermere 7252
Pop. 252 177 km to CBD $84,500/yr
regional
Mount Direction 7252
Pop. 248 188 km to CBD $94,900/yr
regional
Springfield 7260
Pop. 224 182 km to CBD $59,644/yr
regional
Lebrina 7254
Pop. 221 191 km to CBD $76,076/yr
regional
Lady Barron 7255
Pop. 173 306 km to CBD $45,604/yr
regional
White Hills 7258
Pop. 172 153 km to CBD $69,316/yr
regional
Lulworth 7252
Pop. 157 210 km to CBD $52,936/yr
regional
Jetsonville 7260
Pop. 147 198 km to CBD $67,860/yr
regional
Pegarah 7256
Pop. 147 428 km to CBD $66,612/yr
regional
North Scottsdale 7260
Pop. 145 199 km to CBD $68,224/yr
regional
Loorana 7256
Pop. 140 440 km to CBD $82,316/yr
regional
Nabowla 7260
Pop. 131 190 km to CBD $53,612/yr
regional
Grassy 7256
Pop. 121 416 km to CBD $47,632/yr
regional
Beechford 7252
Pop. 111 207 km to CBD $53,612/yr
regional
Weymouth 7252
Pop. 111 207 km to CBD $66,612/yr
regional
Nugara 7256
Pop. 109 433 km to CBD $80,132/yr
regional
Pipers Brook 7254
Pop. 109 202 km to CBD $88,816/yr
regional
Lymwood 7256
Pop. 105 421 km to CBD $79,612/yr
regional
Breadalbane 7258
Pop. 103 152 km to CBD $117,000/yr
regional
Patersonia 7259
Pop. 97 174 km to CBD $71,500/yr
regional
Memana 7255
Pop. 94 331 km to CBD $73,632/yr
regional
Tunnel 7254
Pop. 92 188 km to CBD $67,184/yr
regional
Naracoopa 7256
Pop. 91 424 km to CBD $62,816/yr
regional
Lefroy 7252
Pop. 82 202 km to CBD $60,112/yr
regional
Bellingham 7254
Pop. 78 207 km to CBD $54,600/yr
regional
Cape Barren Island 7257
Pop. 64 284 km to CBD $37,700/yr
regional
Emita 7255
Pop. 59 321 km to CBD $71,500/yr
regional
West Scottsdale 7260
Pop. 57 188 km to CBD $68,224/yr
regional
Lackrana 7255
Pop. 55 318 km to CBD $108,316/yr
regional
Lietinna 7260
Pop. 55 192 km to CBD $92,612/yr
regional
Cuckoo 7260
Pop. 44 186 km to CBD $117,000/yr
regional
Yambacoona 7256
Pop. 41 450 km to CBD $93,184/yr
regional
Targa 7259
Pop. 39 174 km to CBD $58,500/yr
regional
Myrtle Bank 7259
Pop. 36 178 km to CBD $44,148/yr
regional
Ranga 7255
Pop. 34 309 km to CBD $36,400/yr
regional
Loccota 7255
Pop. 31 302 km to CBD $100,724/yr
regional
Killiecrankie 7255
Pop. 30 341 km to CBD $46,748/yr
regional
South Springfield 7260
Pop. 30 180 km to CBD $71,500/yr
regional
Blumont 7260
Pop. 29 193 km to CBD $84,448/yr
regional
Egg Lagoon 7256
Pop. 27 453 km to CBD $71,500/yr
regional
Blue Rocks 7255
Pop. 25 320 km to CBD $71,448/yr
regional
Tayene 7259
Pop. 25 171 km to CBD $80,184/yr
regional
Tonganah 7260
Pop. 25 191 km to CBD $71,448/yr
regional
Palana 7255
Pop. 23 361 km to CBD $36,400/yr
regional
Reekara 7256
Pop. 23 447 km to CBD $129,948/yr
regional
Golconda 7254
Pop. 22 192 km to CBD $45,032/yr
regional
Wyena 7254
Pop. 22 189 km to CBD $37,700/yr
regional
Yarra Creek 7256
Pop. 19 419 km to CBD $68,224/yr
regional
Retreat 7254
Pop. 18 194 km to CBD $58,448/yr
regional
Lughrata 7255
Pop. 14 330 km to CBD $19,448/yr
regional
Tulendeena 7260
Pop. 14 191 km to CBD $58,500/yr
regional
Leeka 7255
Pop. 13 335 km to CBD $37,700/yr
regional
Forester 7260
Pop. 11 205 km to CBD $68,224/yr
regional
Wickham 7256
Pop. 11 459 km to CBD $117,000/yr
regional
Bungaree 7256
Pop. 9 446 km to CBD $116,948/yr
regional
Kamona 7260
Pop. 9 196 km to CBD $110,500/yr
regional
Bell Bay 7253
Pop. 5 199 km to CBD $97,500/yr
regional
Pearshape 7256
Pop. 5 425 km to CBD $416,000/yr
regional
Surprise Bay 7256
Pop. 4 419 km to CBD $71,500/yr
regional
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