City of LauncestonEconomic profile
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City of Launceston

Housing prices

At June 2016, the median house valuation in the City of Launceston was $25,657 lower compared to Tasmania.

This indicator shows the value of houses and units in the City of Launceston and wider region during the period 2011-2016. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Value of houses
Value of houses Tasmania: $299,344 Tasmania: $288,809 Tasmania: $276,463 Tasmania: $291,516 Tasmania: $287,704 Tasmania: $295,998 Tasmania: $314,014 Greater Hobart: $362,762 Greater Hobart: $349,395 Greater Hobart: $327,506 Greater Hobart: $347,446 Greater Hobart: $354,159 Greater Hobart: $370,101 Greater Hobart: $403,443 City of Launceston: $270,927 City of Launceston: $263,053 City of Launceston: $250,859 City of Launceston: $265,859 City of Launceston: $268,110 City of Launceston: $269,070 City of Launceston: $281,055
Source: Hometrack 2011-2016, Housing Valuation System
Value of units
Value of units Tasmania: $236,024 Tasmania: $234,193 Tasmania: $220,481 Tasmania: $231,719 Tasmania: $227,981 Tasmania: $241,363 Tasmania: $255,066 Greater Hobart: $275,022 Greater Hobart: $259,908 Greater Hobart: $243,745 Greater Hobart: $258,529 Greater Hobart: $254,268 Greater Hobart: $279,434 Greater Hobart: $300,437 City of Launceston: $212,953 City of Launceston: $207,716 City of Launceston: $198,018 City of Launceston: $210,396 City of Launceston: $195,186 City of Launceston: $213,654 City of Launceston: $215,808
Source: Hometrack 2011-2016, Housing Valuation System
Median housing value
HousesUnits
Year (at June)City of LauncestonGreater HobartTasmaniaCity of LauncestonGreater HobartTasmania
2017$281,055$403,443$314,014$215,808$300,437$255,066
2016$269,070$370,101$295,998$213,654$279,434$241,363
2015$268,110$354,159$287,704$195,186$254,268$227,981
2014$265,859$347,446$291,516$210,396$258,529$231,719
2013$250,859$327,506$276,463$198,018$243,745$220,481
2012$263,053$349,395$288,809$207,716$259,908$234,193
2011$270,927$362,762$299,344$212,953$275,022$236,024

Source: Hometrack 2011-2016, Housing Valuation System.

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