October 2026 data · 35 suburbs
Launceston house prices map: median price by suburb
Median house and unit prices for 35 suburbs across Launceston and nearby suburbs, from REA sales data for October 2026. The typical Launceston suburb has a median house price of $677k and a median unit price of $500k. Open the interactive map to see every suburb coloured by price and compare suburbs side by side.
Most expensive and most affordable Launceston suburbs
Ranked by median price among suburbs with a reported median in October 2026. Suburbs with few sales can move a lot from month to month.
Highest median house prices
- Tayene $4.50m
- Relbia $1.30m
- Dilston $1.20m
- Karoola $1.03m
- Windermere $950k
- East Launceston $900k
- Underwood $900k
- Nunamara $885k
- Targa $780k
- Launceston $750k
Lowest median house prices
- Lebrina $240k
- Patersonia $400k
- Rocherlea $455k
- Ravenswood $483k
- Lilydale $495k
- Mayfield $500k
- Waverley $522k
- Invermay $539k
- Mowbray $561k
- Punchbowl $574k
Median prices and growth by suburb
Median prices and growth come from REA sales data for October 2026, for all bedroom counts.3 mo, 6 mo and 12 mo compare the median price with three, six and twelve months earlier. Medians cover sales over the past 12 months, so changes move more slowly than monthly index reports.Suburbs with only a few sales can show big swings, so read large changes with care.Every Launceston suburb with a reported median price in October 2026, with the change over 3, 6 and 12 months. Pick a council to narrow the list, and select a column heading to sort. A dash means no reported figure.
| House | Unit | |||||||
|---|---|---|---|---|---|---|---|---|
| Dilston | $1.20m | – | – | – | – | – | – | – |
| East Launceston | $900k | ▼ −1.4% | 0.0% | ▲ +5.3% | $497k | ▲ +2.9% | ▲ +4.6% | ▲ +16.1% |
| Invermay | $539k | ▲ +1.6% | ▲ +4.6% | ▲ +14.6% | $458k | – | – | – |
| Karoola | $1.03m | – | – | – | – | – | – | – |
| Kings Meadows | $695k | ▲ +12.1% | ▲ +22.8% | ▲ +26.4% | $576k | ▲ +1.1% | ▲ +4.8% | ▲ +18.8% |
| Launceston | $750k | 0.0% | ▲ +8.5% | ▲ +17.2% | $585k | ▲ +19.4% | ▲ +21.9% | ▲ +27.5% |
| Lebrina | $240k | – | – | – | – | – | – | – |
| Lilydale | $495k | ▼ −14.3% | ▼ −13.9% | ▼ −30.8% | – | – | – | – |
| Lower Turners Marsh | $665k | – | – | – | – | – | – | – |
| Mayfield | $500k | ▲ +11.0% | ▲ +22.0% | ▲ +38.9% | $489k | – | – | – |
| Mowbray | $561k | ▲ +3.6% | ▲ +11.0% | ▲ +24.6% | $495k | ▲ +8.8% | ▲ +8.8% | ▲ +22.2% |
| Newnham | $636k | ▲ +4.3% | ▲ +7.8% | ▲ +19.0% | $469k | ▲ +0.3% | ▲ +0.3% | ▲ +22.1% |
| Newstead | $738k | 0.0% | ▼ −0.3% | ▲ +1.4% | $518k | ▲ +1.6% | ▲ +5.7% | ▲ +27.9% |
| Norwood | $710k | ▲ +6.0% | ▲ +9.7% | ▲ +11.9% | $471k | – | – | – |
| Nunamara | $885k | – | – | – | – | – | – | – |
| Patersonia | $400k | – | – | – | – | – | – | – |
| Prospect | $683k | ▲ +2.6% | ▲ +8.3% | ▲ +14.5% | $550k | 0.0% | 0.0% | 0.0% |
| Punchbowl | $574k | ▲ +1.1% | ▲ +1.2% | ▲ +10.4% | $446k | – | – | – |
| Ravenswood | $483k | ▲ +7.0% | ▲ +14.9% | ▲ +22.2% | $326k | – | – | – |
| Relbia | $1.30m | ▼ −25.7% | ▼ −27.8% | ▼ −30.5% | – | – | – | – |
| Rocherlea | $455k | ▲ +26.4% | ▲ +30.9% | ▲ +35.8% | – | – | – | – |
| South Launceston | $645k | ▲ +1.2% | ▲ +5.7% | ▲ +12.2% | $506k | ▲ +13.7% | ▲ +19.1% | ▲ +2.7% |
| St Leonards | $677k | ▼ −1.1% | ▼ −2.9% | ▲ +18.8% | $595k | – | – | – |
| Summerhill | $674k | ▲ +4.9% | ▲ +7.8% | ▲ +18.2% | $540k | ▲ +13.7% | ▲ +13.2% | ▲ +21.4% |
| Swan Bay | $720k | – | – | – | – | – | – | – |
| Targa | $780k | – | – | – | – | – | – | – |
| Tayene | $4.50m | – | – | – | – | – | – | – |
| Tunnel | $650k | – | – | – | – | – | – | – |
| Turners Marsh | $629k | – | – | – | – | – | – | – |
| Underwood | $900k | – | – | – | – | – | – | – |
| Waverley | $522k | ▲ +7.6% | ▲ +13.8% | ▲ +20.0% | – | – | – | – |
| West Launceston | $700k | ▲ +3.9% | ▲ +7.7% | ▲ +11.3% | $500k | ▲ +6.7% | ▲ +8.7% | ▲ +5.8% |
| White Hills | $705k | – | – | – | – | – | – | – |
| Windermere | $950k | – | – | – | – | – | – | – |
| Youngtown | $673k | ▲ +1.1% | ▲ +6.3% | ▲ +15.0% | $560k | ▲ +8.7% | ▲ +19.8% | ▲ +16.7% |
Common questions
What is the median house price in Launceston?
Across the 35 Launceston suburbs with a reported median house price in October 2026, the middle suburb median is $677k. This is the median of suburb medians, not a single city-wide figure.
Which Launceston suburbs have the highest house prices?
In October 2026 the highest median house prices were in Tayene ($4.50m), Relbia ($1.30m), Dilston ($1.20m), Karoola ($1.03m), Windermere ($950k).
Where are the most affordable houses in Launceston?
In October 2026 the lowest median house prices were in Lebrina ($240k), Patersonia ($400k), Rocherlea ($455k), Ravenswood ($483k), Lilydale ($495k). Units are often cheaper: the lowest unit medians were in Ravenswood ($326k), Punchbowl ($446k), Invermay ($458k).
Where does this data come from and how often is it updated?
Prices come from REA sales data and are refreshed monthly. This page covers Launceston and nearby suburbs, using ABS 2021 suburb boundaries, and shows October 2026.