Real Estate Radar

October 2026 data · Launceston · TAS

Invermay house prices: median price and growth

Median house
$539k
▲ +14.6% in 12 months
Median unit
$458k
Too few sales for a change
Sold in 12 months
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The median house price in Invermay is $539k (October 2026), up 14.6% over 12 months. Units have a median of $458k. That puts Invermay below the typical Launceston suburb ($677k) and number 5 of the 5 suburbs around it.

Map of Invermay and neighbouring suburbs coloured by median house priceInvermay$539KEast Launceston$900KLaunceston$750KMowbray$561KWest Launceston$700K

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
Invermay (outlined) and neighbouring suburbs by median house price, October 2026, in the Market Dashboard's colours for TAS. Open the interactive map for trends, rents and sales.

Invermay price changes

TypeMedian3 mo6 mo12 mo
House$539k▲ +1.6%▲ +4.6%▲ +14.6%
Unit$458k–––

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.

Invermay compared with nearby suburbs

Suburbs within about 1 km of Invermay, dearest house median first. Select a column heading to sort.

HouseUnit
East Launceston$900k▼ −1.4%0.0%▲ +5.3%$497k▲ +2.9%▲ +4.6%▲ +16.1%
Launceston$750k0.0%▲ +8.5%▲ +17.2%$585k▲ +19.4%▲ +21.9%▲ +27.5%
West Launceston$700k▲ +3.9%▲ +7.7%▲ +11.3%$500k▲ +6.7%▲ +8.7%▲ +5.8%
Mowbray$561k▲ +3.6%▲ +11.0%▲ +24.6%$495k▲ +8.8%▲ +8.8%▲ +22.2%
Invermay$539k▲ +1.6%▲ +4.6%▲ +14.6%$458k–––

Living in Invermay

From the 2021 ABS Census: Invermay 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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FigureInvermayLaunceston (council)TAS
People
Population3,49868,293557,693
Median age333841
Families with children🔒🔒🔒
Born overseas19.8%16.1%15.4%
Language other than English at home🔒🔒🔒
Work and education
Median household income$1,128/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🔒🔒🔒
Rented50.9%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 Invermay, 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 Invermay?

The median house price in Invermay was $539k in October 2026, up 14.6% on a year earlier. The typical Launceston suburb median was $677k.

What is the median unit price in Invermay?

The median unit price in Invermay was $458k in October 2026.

Is Invermay more expensive than nearby suburbs?

Of the 4 neighbouring suburbs with a median house price, 4 are dearer than Invermay and 0 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.