ABS 2021 Census · Updated 31 March 2026
South Launceston is a regional centre in Tasmania, Australia, with a population of approximately 4,894, making it a boutique locality. Located approximately 159 km from the Hobart CBD, South Launceston is a regional area in Tasmania. The median household income is $71,448 AUD per year (ABS 2021 Census).
Lower income levels in South Launceston typically translate to more affordable entry points for investors. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.
Map shows South Launceston, Tasmania, Australia.
Official Australia Post postcode for South Launceston. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near South Launceston on My School →Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →As a regional centre, South Launceston serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $300/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,279/month.
A buy-and-hold approach in South Launceston could work well with careful property selection and a longer time horizon.
Rental yields in South Launceston are moderate — screen for properties that offer above-average returns.
Renovation or flip strategies in South Launceston face headwinds from a smaller buyer pool and slower turnover.
Run the numbers on a South Launceston property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital growth in South Launceston may remain subdued in 2026, with limited demand drivers in the near term. Rental demand may be softer — budgeting for vacancy periods is prudent in South Launceston's 2026 outlook. South Launceston is not a headline market, but contrarian investors may see long-term potential.
South Launceston is a regional area in Tasmania with a population of 4,894. The median rent is $300/week and the median household income is $71,448/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in South Launceston include regional employment hubs, lifestyle, and affordability. 65% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.
According to the ABS 2021 Census, South Launceston has a population of approximately 4,894. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
South Launceston is approximately 159 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant — local amenities and employment are important investment considerations.