October 2026 data · Launceston · TAS
East Launceston house prices: median price and growth
- Median house
- $900k ▲ +5.3% in 12 months
- Median unit
- $497k ▲ +16.1% in 12 months
The median house price in East Launceston is $900k (October 2026), up 5.3% over 12 months. Units have a median of $497k, up 16.1% over 12 months. That puts East Launceston above the typical Launceston suburb ($677k) and the dearest of the 5 suburbs around it.
Median house price
- $1.8M+
- $1.6M–$1.8M
- $1.4M–$1.6M
- $1.2M–$1.4M
- $1M–$1.2M
- $800K–$1M
- $600K–$800K
- $400K–$600K
- <$400K
East Launceston price changes
| Type | Median | 3 mo | 6 mo | 12 mo |
|---|---|---|---|---|
| House | $900k | ▼ −1.4% | 0.0% | ▲ +5.3% |
| Unit | $497k | ▲ +2.9% | ▲ +4.6% | ▲ +16.1% |
Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.
East Launceston compared with nearby suburbs
Suburbs within about 1 km of East Launceston, dearest house median first. Select a column heading to sort.
| House | Unit | |||||||
|---|---|---|---|---|---|---|---|---|
| East Launceston | $900k | ▼ −1.4% | 0.0% | ▲ +5.3% | $497k | ▲ +2.9% | ▲ +4.6% | ▲ +16.1% |
| Launceston | $750k | 0.0% | ▲ +8.5% | ▲ +17.2% | $585k | ▲ +19.4% | ▲ +21.9% | ▲ +27.5% |
| Newstead | $738k | 0.0% | ▼ −0.3% | ▲ +1.4% | $518k | ▲ +1.6% | ▲ +5.7% | ▲ +27.9% |
| South Launceston | $645k | ▲ +1.2% | ▲ +5.7% | ▲ +12.2% | $506k | ▲ +13.7% | ▲ +19.1% | ▲ +2.7% |
| Invermay | $539k | ▲ +1.6% | ▲ +4.6% | ▲ +14.6% | $458k | – | – | – |
Living in East Launceston
From the 2021 ABS Census: East Launceston against the Launceston council area and TAS. Council and state percentages count all their residents; their medians are the middle suburb by population.
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| Figure | East Launceston | Launceston (council) | TAS |
|---|---|---|---|
| People | |||
| Population | 2,270 | 68,293 | 557,693 |
| Median age | 41 | 38 | 41 |
| Families with children | 🔒 | 🔒 | 🔒 |
| Born overseas | 18.4% | 16.1% | 15.4% |
| Language other than English at home | 🔒 | 🔒 | 🔒 |
| Work and education | |||
| Median household income | $1,885/wk | $1,369/wk | $1,411/wk |
| Median personal income | 🔒 | 🔒 | 🔒 |
| Professionals and managers | 🔒 | 🔒 | 🔒 |
| Unemployment | 🔒 | 🔒 | 🔒 |
| Bachelor degree or higher | 🔒 | 🔒 | 🔒 |
| Completed Year 12 | 🔒 | 🔒 | 🔒 |
| Housing | |||
| Owned outright | 🔒 | 🔒 | 🔒 |
| Owned with a mortgage | 🔒 | 🔒 | 🔒 |
| Rented | 30.8% | 34.1% | 26.5% |
| Separate houses | 🔒 | 🔒 | 🔒 |
| Flats and apartments | 🔒 | 🔒 | 🔒 |
| Median weekly rent | 🔒 | 🔒 | 🔒 |
| Median mortgage repayment | 🔒 | 🔒 | 🔒 |
| Advantage | |||
| SEIFA advantage (IRSAD), Australian decile | 🔒 | 🔒 | 🔒 |
🔒 Age, occupation and ancestry breakdowns for East Launceston, its council and TAS
Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.
Common questions
What is the median house price in East Launceston?
The median house price in East Launceston was $900k in October 2026, up 5.3% on a year earlier. The typical Launceston suburb median was $677k.
What is the median unit price in East Launceston?
The median unit price in East Launceston was $497k in October 2026, up 16.1% over 12 months.
Is East Launceston more expensive than nearby suburbs?
Of the 4 neighbouring suburbs with a median house price, 0 are dearer than East Launceston and 4 are cheaper or the same.
Where does this data come from?
Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.