Property Prices Dashboard - Launceston

Tasmania • SA2 • June quarter 2025

Launceston

Property price history

Property prices are given as stratified medians.

Source: OpenStats

Property price summary

Type
Jun-25
Quarterly Change
Annual Change
5-Year Change
3 bedroom house$585,000-7.5%-22.0%6.1%
2 bedroom unit$550,00022.2%-8.0%7.7%

Property prices are given as stratified medians.

Source: OpenStats

Surrounding areas

Key points - Houses

In the June quarter 2025, the price of a three-bedroom house in Launceston:

  • decreased by 7.5% to $585,000
  • decreased by 22.0% compared with one year earlier
  • increased by an average of 6.1% per annum compared with five years earlier

Key points - Units

In the June quarter 2025, the price of a two-bedroom unit in Launceston:

  • increased by 22.2% to $550,000
  • decreased by 8.0% compared with one year earlier
  • increased by an average of 7.7% per annum compared with five years earlier