TAS7249· Pop. 14,056Northern Midlands

SOUTH LAUNCESTON

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.

Median price

—

no recent data

Rent yield

6.1%

modelled estimate

Annual growth

1.5%

modelled estimate

Vacancy rate

1.7%

modelled estimate

AI insights for SOUTH LAUNCESTON

Investment analysis, risks & comparisons

PREMIUM

SOUTH LAUNCESTON shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Price figures are estimated — suburb-level data not available for this state. Verify with Domain or REA.

Median rent

$300/wk

weekly

Demand change

+1.0%

annual shift

Yield × growth index

3.8

combined signal

Net yield (est.)

3.86%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+7.2%

est. compound, long-run avg

10-yr growth (CAGR)

+5.4%

est. compound, long-run avg

Rental demand

43 / 100

Moderate demand

Supply pipeline

Est.

0.1%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

No price history available.

Market overview

SOUTH LAUNCESTON is a TAS suburb offering high rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

Strong rental yield of 6.1%
Access to national transport network and amenities

Risk factors

Below-average growth — limited capital appreciation signal
Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,349/wk

$41k taxable p.a.

Renters

33.3%

61.9% owner-occupier

Median age

38.0 yrs

Unemployment

5.0%

Population growth

+0.3% p.a.

Investor-owned

9.0%

of all dwellings (ATO)

Houses

82%

9% apartments

Degree qualified

22.9%

bachelor's or higher (ABS)

Work from home

9.2%

of employed residents (ABS Census)

Median lot size

700 m²

Large block

Household size

2.6 persons

avg per dwelling (ABS Census)

Short-term rental

5.0%

Some Airbnb activity

Market activity

Distance to CBD

157.4 km

Regional

Days on market

66 days

Slower market

Auction clearance

32.0%

Buyer's market

Walkability

59 / 100

Very walkable

Coastal proximity

97.4 km

Inland

NBN technology

Fixed Wireless

Regional — wireless tower

Population density

1,094/km²

Suburban

Schools in postcode 7249

🏫2 Primary🎓1 Secondary

ACARA 2025

🏫Primary (2)

Glen Dhu Primary School

Government · Yrs K-6

ICSEA 1007

Youngtown Primary School

Government · Yrs K-6

ICSEA 958

🎓Secondary (1)

Kings Meadows High School

Government · Yrs 7-12

ICSEA 963

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Moderate

70/ 100

9.0 offences / 100 persons

⚠ Modelled estimate · details

School quality

Average

976ICSEA · national avg 1000

3 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited

22/ 100

🚆 0 train🚌 6 bus

Source: State GTFS feeds

Gentrification signal

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

low

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in SOUTH LAUNCESTON

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