City of Launceston
Population
70,055
City of Launceston is a Local Government Area in Australia comprising 43 suburbs with a population of 70,055 residents. For property investors analysing City of Launceston capital growth potential, this council area ranks in the top 52% of Australian LGAs for investment opportunity based on our proprietary scoring algorithm.
The current median house price in City of Launceston is approximately $671K, making it accessible for investors seeking balanced growth and yield. City of Launceston property investment fundamentals show emerging signals.
Growth Performance Prediction
Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.
Overall Growth Potential
Outperforms 48% of all LGAs
Key Market Indicators
High New Home Construction
Supply Score
Poor New Projects Upcoming
Project Score
Poor Population Forecasts
Population Score
Investment Outlook
This area shows moderate growth potential with mixed indicators across key market factors. Consider evaluating specific factors before investing.
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Peak: Price growth is expected to slow down. Capital growth forecasts suggest this may not be the optimal time to invest. Consider waiting for better conditions.
Consolidating: Prices may grow below average in the short term. Rental growth could also slow during this phase. Consider monitoring market indicators before investing.
Upswing: Prices are rising and capital growth momentum is positive. While the early buying opportunity has passed, the market continues to show strength.
Buying Window: Strong investment potential with prices forecast to outperform the market average over 1-3 years. Key indicators signal favorable conditions for capital growth.
Local Area Data Cube
Compare suburbs across this LGA. Choose your columns, hide suburbs you're not interested in, and follow the ones you like.
- Sold Price$1.95mGrowth Score35Recent Growth50%Yield3.7%
+3 more columns hidden on mobile — open on a larger screen to see them all.
- Sold Price$1.5mGrowth Score14Recent Growth-Yield1.6%
+3 more columns hidden on mobile — open on a larger screen to see them all.
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Suburb | Sold Price | Growth Score | Recent Growth | Yield | Vacancy Rate | Days Of Supply | Owner Occupier Level | Actions |
|---|---|---|---|---|---|---|---|---|
| Relbia | $1.95m | 35 | 50% | 3.7% | - | 120 | 91.4% | |
| White Hills (Tas.) | $1.5m | 14 | - | 1.6% | - | 360 | 90.8% | |
| Dilston | $1.2m | 48 | -11.1% | 2.7% | - | 129 | 94.2% | |
| Swan Bay (Tas.) | $1.07m | 97 | 36.6% | 2.3% | - | 94 | 97.3% | |
| Wyena | $1000k | 4 | - | - | - | 720 | 70% | |
| Windermere (Tas.) | $950k | 48 | -26.9% | 3.6% | - | 90 | 94.7% | |
| Underwood (Tas.) | $920k | 46 | 22.7% | 3.8% | - | 111 | 93.4% | |
| North Lilydale | $887k | 15 | - | - | - | 720 | 78.1% | |
| Karoola | $865k | 12 | -21.4% | - | - | 360 | 87% | |
| Blessington | $855k | 62 | - | 6.1% | - | 720 | 82.1% | |
| Lalla | $815k | 42 | 13.2% | 2.7% | - | 720 | - | |
| Norwood (Tas.) | $810k | 52 | 21.8% | 4% | 1.7% | 32 | 75.5% | |
| Summerhill | $786k | 44 | 22.4% | 3.8% | 1.1% | 9 | 71.5% | |
| Bangor (Tas.) | $775k | 42 | 59.5% | - | - | 2880 | 89.7% | |
| East Launceston | $775k | 55 | -6.6% | 4% | 2.3% | 47 | 67.3% | |
| Turners Marsh | $760k | 23 | - | - | - | 65 | 94% | |
| Prospect (Tas.) | $750k | 47 | 22% | 3.9% | 0.5% | 17 | 65.2% | |
| Kings Meadows | $750k | 43 | 24.3% | 3.8% | 2.5% | 25 | 63% | |
| Launceston | $745k | 13 | 9.6% | 4.1% | 3.3% | 79 | 46.8% | |
| Newstead (Tas.) | $740k | 43 | -0.7% | 4.2% | 1.3% | 51 | 66.2% | |
| West Launceston | $725k | 93 | 9.8% | 4.7% | 3.9% | 59 | 68.1% | |
| St Leonards (Tas.) | $700k | 96 | 17.5% | 4.7% | 1.6% | 13 | 77.6% | |
| Youngtown | $688k | 94 | 5% | 4.8% | 3.4% | 31 | 73.9% | |
| Newnham | $655k | 44 | 11% | 4.4% | 2.7% | 23 | 60.7% | |
| South Launceston | $650k | 89 | 4.8% | 4.6% | 1.4% | 48 | 51.3% |
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43 Suburbs in City of Launceston
Ordered by Best Projected Short Term Growth (Green = Buying window)
Trend Indicators:
Suburb Name
Asking Price
Yield
City of Launceston Property Investment FAQs
Is City of Launceston a good area for property investment in 2026?▼
City of Launceston ranks in the top 52% of all Australian Local Government Areas for property investment potential. While City of Launceston currently shows emerging investment signals, there may be specific suburbs within the LGA that outperform the broader area. We recommend analysing individual suburb scores to identify potential opportunities for property growth.
What is the median house price in City of Launceston?▼
The current median house price across City of Launceston is approximately $671K. This median price reflects sales data from properties across all 43 suburbs within the Local Government Area. This price range positions City of Launceston as a mid-market investment destination, balancing capital growth potential with reasonable entry costs for property investors.
What are the best suburbs to invest in City of Launceston?▼
City of Launceston contains 43 suburbs, each with unique investment characteristics and suburb scores. The best suburbs for investment within City of Launceston depend on your investment strategy - whether you're seeking capital growth, rental yield, or a balanced approach. Use our suburb analysis tools to compare all 43 suburbs in City of Launceston ranked by our proprietary suburb score, which factors in price growth trends, rental yields, vacancy rates, and demographic indicators.
What is the capital growth outlook for City of Launceston?▼
City of Launceston's capital growth outlook is variable based on current market indicators. Capital growth in City of Launceston may be uneven across different suburbs. We recommend targeting specific suburbs with strong individual metrics rather than relying on LGA-wide trends.
What is the population of City of Launceston?▼
City of Launceston has a population of approximately 70,055 residents across its 43 suburbs. Population growth is a key indicator for property investment as it drives housing demand. Monitor population trends in City of Launceston as part of your investment research to understand future housing demand.
How many suburbs are in City of Launceston council area?▼
City of Launceston Local Government Area contains 43 suburbs. Each suburb has its own property market dynamics, median prices, and investment potential. When investing in City of Launceston, it's important to analyse individual suburbs rather than relying solely on LGA-level data. Our platform provides detailed suburb scores and analytics for all 43 suburbs to help you identify the best investment opportunities within City of Launceston.
