Suburbs where rents are rising fastest in Launceston

Riverside leads the 3-bedroom house list: rents agreed on new leases rose 36% since 2021, from $425 to $578 a week.

This ranking orders Launceston suburbs by how much the median rent agreed on new leases has risen since 2021, for 3-bedroom houses and 2-bedroom units separately. The figures come from rental bond records, so they are what tenants signed up to pay, not what landlords advertised.

Advertised rents would have told a different story. Checked against bond records in October 2026, they roughly doubled the rise at the top of the Sydney list (Ermington: advertised +99%, agreed +44%), because suburbs where bigger, dearer homes now make up more of the listings looked like suburbs where rents had soared. The change compares the median of the four quarters of 2021 with the latest four, and every one of those quarters needs at least 10 new bonds.

Launceston suburbs where 3-bedroom house rents rose most

Change in the median rent agreed on new leases of 3-bedroom houses, from 2021 to the latest four quarters.

Ranked from 11 qualifying suburbs.

Launceston suburbs where 2-bedroom unit rents rose most

Change in the median rent agreed on new leases of 2-bedroom units, from 2021 to the latest four quarters.

Not enough Launceston suburbs have rental bond figures for every quarter of 2021 and the latest year to produce this ranking. Victoria, the ACT and the Northern Territory publish no suburb-level bond figures we can use, and Western Australia's start in 2023.

Common questions about this ranking

What are the suburbs where rents are rising fastest in Launceston?

Riverside leads the 3-bedroom house list: rents agreed on new leases rose 36% since 2021, from $425 to $578 a week.

Are these advertised rents or rents people actually pay?

Rents people agreed to pay: every new lease lodges a bond with the state, and the bond record carries the weekly rent. Advertised rents were checked and not used. In October 2026 they roughly doubled the rise at the top of the Sydney list (Ermington: advertised +99%, agreed +44%), because suburbs where dearer homes now make up more of the listings looked like suburbs where rents had soared.

How is the rise measured?

The median rent of the four quarters of 2021 against the median of the latest four, for 3-bedroom houses and 2-bedroom units separately. Every one of those quarters needs at least 10 new bonds, so one thin quarter cannot put a suburb at the top.

Why is there no list for Melbourne, Perth, Canberra or Darwin?

Victoria publishes bond rents only for groups of suburbs, and the ACT and the Northern Territory publish none we can use. Western Australia's figures start in 2023, so they cannot be compared with 2021.

Same list in other cities

Related

Rankings last computed 11 October 2026. Recomputed after each ACARA schools data refresh.

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