South Launceston is a well-maintained inner-south suburb with a mix of federation-era weatherboard homes and more recent infill development, popular with young professionals and families seeking proximity to the CBD and the South Launceston Primary School catchment. Its compact street grid, access to the Launceston CBD walking trail network, and moderate entry price make it one of the city's better-value inner suburbs. At the current $515k median house price, an 80% loan at 6.25% over 30 years is about $2,537 per month.
| Median house price | $515,000 |
|---|---|
| Median unit price | $322,000 |
| Estimated monthly repayment | $2,537 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.1% |
| Gross rental yield | 4.9% |
| Typical days on market | 22 |
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