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 49% of Australian LGAs for investment opportunity based on our proprietary scoring algorithm.
The current median house price in City of Launceston is approximately $598K, making it an affordable entry point for first-time investors. City of Launceston property investment fundamentals show moderate 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 51% 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.
Em
Employment Diveristy
Health Care and Social Assistance - 18.00%
Retail Trade - 14.00%
Education and Training - 11.00%
Accommodation and Food Services - 8.00%
Others - 49.00%
Commute Time
12mins
6kms
Common Transport Methods
Income Growth
Average Income
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 49% of all Australian Local Government Areas for property investment potential. City of Launceston shows moderate investment potential with balanced risk-reward characteristics. The area offers opportunities for investors seeking stable returns, though individual suburb analysis is recommended to identify the best pockets within the council area.
What is the median house price in City of Launceston?▼
The current median house price across City of Launceston is approximately $598K. This median price reflects sales data from properties across all 43 suburbs within the Local Government Area. At this price point, City of Launceston represents an affordable entry into the Australian property market, potentially offering higher rental yields and cash flow positive opportunities.
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 moderate based on current market indicators. City of Launceston shows stable growth fundamentals with some suburbs outperforming others. Investors should focus on suburbs with above-average suburb scores for the best capital growth potential within this LGA.
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.
