South Launceston, TAS 7249

Tasmania

Hot Market
13/16
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Key Investment Metrics

MetricEstimateStatus
Demand Supply Ratio (DSR)92.6
Met
Vacancy Rate0.5%
Met
Gross Rental Yield6.1%
Met
Days on Market29 days
Met
Median Property Value$520k
No Data
3-Year Capital Growth10.6%
Met
12-Month Rental Growth22.1%
Met
Average Vendor Discount0.0%
Met

Estimates are display-only values adjusted from source data and historical signals; exact provider figures are not shown.

About South Launceston, TAS 7249

South Launceston is located in Tasmania with postcode 7249. Based on our analysis of 23+ growth factors, South Launceston is classified as a hot market with a Hot Market Score of 13/16.

The model-adjusted Demand Supply Ratio (DSR) estimate for South Launceston is 92.6, which is rated as strong for investment. The model-adjusted vacancy estimate is 0.5%, indicating strong rental demand.

The model-adjusted gross rental yield estimate in South Launceston is 6.1%, with a 3-year capital growth estimate of 10.6%. Properties in South Launceston typically sell within an estimated 29 days.

Assessment from 18 April 2026 (144 days ago) — may be outdated.
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Available Assessments

Infrastructure Nearby

1 funded projects ($584.95m) — Health

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