Property Prices Dashboard - Launceston and North East

Tasmania • SA4 • June quarter 2025

Launceston and North East

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$522,250-1.5%0.4%8.6%
2 bedroom unit$450,0006.9%13.9%9.8%

Property prices are given as stratified medians.

Source: OpenStats

Key points - Houses

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

  • decreased by 1.5% to $522,250
  • increased by 0.4% compared with one year earlier
  • increased by an average of 8.6% per annum compared with five years earlier

Key points - Units

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

  • increased by 6.9% to $450,000
  • increased by 13.9% compared with one year earlier
  • increased by an average of 9.8% per annum compared with five years earlier