Rent in Launceston council area
- Median weekly rent
- $520
- Change over a year
- +13.0%
- New leases
- 662 in the quarter
June quarter 2026, new leases only, calculated from Department of Justice (Tasmania) bond records.
Is your rent fair?
Put in what you pay and see how it stacks up against new leases in the Launceston council area
Every kind of home
June quarter 2026
| Home | Median | Middle half | New leases | 1 year | 5 years |
|---|---|---|---|---|---|
| All homes | $520 | $440 to $590 | 662 | +13.0% | +48.6% |
| Units | $430 | $380 to $490 | 229 | +10.3% | +48.3% |
| 1-bedroom units | $370 | $317.50 to $420 | 91 | +10.5% | +66.7% |
| 2-bedroom units | $455 | $400 to $490 | 109 | +13.8% | +37.9% |
| 3-bedroom units | $525* | $483.75 to $600 | 28 | n/a | n/a |
| Houses | $550 | $497.50 to $620 | 411 | +12.2% | +41.0% |
| 2-bedroom houses | $500 | $450 to $565 | 55 | +8.1% | +33.3% |
| 3-bedroom houses | $550 | $500 to $600 | 270 | +12.2% | +41.0% |
| Houses, 4 or more bedrooms | $650 | $575 to $735 | 75 | +6.6% | +30.0% |
| Townhouses | $550* | $480 to $650 | 21 | n/a | n/a |
| 2-bedroom townhouses | Under 10 leases | 8 | n/a | n/a | |
| 3-bedroom townhouses | Under 10 leases | 9 | n/a | n/a | |
| Any home, 1 bedroom | $367.50 | $318.75 to $420 | 104 | +8.1% | +65.5% |
| Any home, 2 bedrooms | $470 | $430 to $520 | 172 | +11.9% | +34.3% |
| Any home, 3 bedrooms | $550 | $500 to $600 | 307 | +12.2% | +39.2% |
| Any home, 4 or more bedrooms | $650 | $567.50 to $735 | 79 | +8.3% | +30.0% |
* Small sample: 10 to 29 new leases.
How the median rent has moved
Sep 2016 to Jun 2026
Show as a table
| Quarter | All homes | 2-bedroom units | 3-bedroom houses |
|---|---|---|---|
| Jun 2026 | $520 | $455 | $550 |
| Mar 2026 | $520 | $450 | $550 |
| Dec 2025 | $500 | $450 | $530 |
| Sep 2025 | $465 | $410 | $500 |
| Jun 2025 | $460 | $400 | $490 |
| Mar 2025 | $450 | $420 | $480 |
| Dec 2024 | $450 | $400 | $480 |
| Sep 2024 | $450 | $400 | $480 |
| Jun 2024 | $450 | $395 | $470 |
| Mar 2024 | $440 | $400 | $480 |
| Dec 2023 | $430 | $390 | $460 |
| Sep 2023 | $420 | $380 | $450 |
| Jun 2023 | $410 | $380 | $450 |
| Mar 2023 | $410 | $390 | $465 |
| Dec 2022 | $430 | $380 | $460 |
| Sep 2022 | $400 | $375 | $450 |
| Jun 2022 | $405 | $350 | $450 |
| Mar 2022 | $370 | $360 | $450 |
| Dec 2021 | $390 | $350 | $420 |
| Sep 2021 | $370 | $330 | $410 |
| Jun 2021 | $350 | $330 | $390 |
| Mar 2021 | $330 | $320 | $375 |
| Dec 2020 | $345 | $300 | $367.50 |
| Sep 2020 | $330 | $285 | $360 |
| Jun 2020 | $310 | $282.50 | $330 |
| Mar 2020 | $310 | $290 | $350 |
| Dec 2019 | $310 | $285 | $340 |
| Sep 2019 | $305 | $270 | $330 |
| Jun 2019 | $295 | $252.50 | $330 |
| Mar 2019 | $285 | $260 | $320 |
| Dec 2018 | $300 | $250 | $340 |
| Sep 2018 | $295 | $257.50 | $310 |
| Jun 2018 | $272.50 | $240 | $320 |
| Mar 2018 | $280 | $240 | $315 |
| Dec 2017 | $275 | $230 | $300 |
| Sep 2017 | $280 | $230 | $290 |
| Jun 2017 | $270 | $220 | $290 |
| Mar 2017 | $265 | $240 | $300 |
| Dec 2016 | $260 | $222 | $290 |
| Sep 2016 | $250 | $220 | $290 |
How it compares
June quarter 2026
| Area | Median | 1 year | New leases |
|---|---|---|---|
| the Launceston council area | $520 | +13.0% | 662 |
| Tasmania | $530 | +12.8% | 3,828 |
- Ranks 10 of 23 in Tasmania from dearest to cheapest, among places with 30 or more new leases.
- At the 2021 Census, renting households here paid a median of $278 a week, 21% of the median household income. That figure counts every renting household, old leases and new.
- Since the Census (Sep 2021 to Jun 2026), rents on new leases here rose +40.5%. Wages in Tasmania rose +18.0% over the same time (ABS Wage Price Index).
Get the full rental report for the Launceston council area
Everything behind these numbers, in a 6-page PDF for $39.
Made for landlords setting a rent, buyers weighing up areas and agents who need to back up an appraisal. It covers new leases only, from state bond data.
Postcodes in this council area
June quarter 2026, all homes
| Postcode | Median weekly rent | New leases | 1 year |
|---|---|---|---|
| 7249 | $550 | 174 | +17.0% |
| 7250 | $520 | 423 | +8.3% |
| 7248 | $500 | 194 | +14.9% |
Smaller places
Too few new leases for a figure of their own, but they're counted in this council's figures
Bangor, Blessington, Burns Creek, Dilston, Karoola, Lalla, Lebrina, Lilydale, Lower Turners Marsh, Myrtle Bank, North Lilydale, Nunamara, Patersonia, Relbia, Retreat, Swan Bay, Targa, Tayene, Tunnel, Turners Marsh, Underwood, Upper Blessington, White Hills and Windermere.