South Launceston vs Prospect

South Launceston is the younger of the two, with a median age of 36 against 43 in Prospect. In both, most homes are detached houses and about half of households are people living alone. In South Launceston, about half of households rent. In Prospect, most households own their home. On these figures, South Launceston tends to suit renters.

Which one suits you?

There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.

Families with school-age kids

South Launceston

ahead on the one thing that separates them

  • has more childcare (5 vs 0)

Weighs schools, house stock, parks, childcare, and who already lives there.

First-home buyers

South Launceston

ahead on the one thing that separates them

  • has cheaper units ($381,250 vs $550,000)

Weighs house prices, unit prices, and mortgage stress.

Renters

South Launceston

ahead on the one thing that separates them

  • has a bigger rental market to choose from (46% vs 31%)

Weighs rent, rental stress, and how much is for rent.

Commuting to the city

South Launceston

ahead on 3 of the 3 things we measure here

  • is more walkable (79/100 vs 30/100)
  • has a shorter drive in (137 min vs 150 min)
  • sits closer to the CBD (199.1 km vs 203.2 km)

Weighs distance, drive time, and walkability.

Downsizers and retirees

They split

one each way, out of the 4 things we measure here

  • South Launceston is more walkable (79/100 vs 30/100)
  • Prospect has more residents already 65 and over (23% vs 18%)

Weighs smaller dwellings, who already lives there, GPs, and walkability.

Investors

Too close to call

Nothing among the 2 things we measure here separates them by enough to be worth acting on.

Weighs house yield and population growth.

Where they sit

South Launceston and Prospect drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.

South Launceston Prospect
Hides rows where both suburbs match

Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.

Side by side, out of 100

Risks are inverted — shown as safety and low exposure — so a longer bar always means better.

South Launceston Prospect
Walkability 79 / 30
South Launceston — Walkability: 79/100 Prospect — Walkability: 30/100
Low fire risk 75 / 80
South Launceston — Low fire risk: 75/100 Prospect — Low fire risk: 80/100

Demographics

South Launceston has more residents (4,894 vs 1,908); Prospect skews older (43 vs 36).

South Launceston Prospect
Population 4,894
+61% vs other
 1,908
Population trend (2016 → 2021) +6.6% +10.8%
Median age 36 43
Median household income $71,448/yr
+10% vs other
 $64,116/yr
Median weekly rent $300/wk
+3% vs other
 $290/wk

Age profile

Share of residents in each band, 2021 Census.

South Launceston Prospect
0-4 5.6% / 5.6%
South Launceston — 0-4: 5.6% Prospect — 0-4: 5.6%
5-14 10.5% / 9.5%
South Launceston — 5-14: 10.5% Prospect — 5-14: 9.5%
15-19 4.0% / 6.2%
South Launceston — 15-19: 4.0% Prospect — 15-19: 6.2%
20-24 8.1% / 5.6%
South Launceston — 20-24: 8.1% Prospect — 20-24: 5.6%
25-34 19.1% / 14.2%
South Launceston — 25-34: 19.1% Prospect — 25-34: 14.2%
35-44 13.2% / 11.5%
South Launceston — 35-44: 13.2% Prospect — 35-44: 11.5%
45-54 11.3% / 12.8%
South Launceston — 45-54: 11.3% Prospect — 45-54: 12.8%
55-64 10.1% / 12.0%
South Launceston — 55-64: 10.1% Prospect — 55-64: 12.0%
65-74 7.9% / 12.8%
South Launceston — 65-74: 7.9% Prospect — 65-74: 12.8%
75-84 5.6% / 7.1%
South Launceston — 75-84: 5.6% Prospect — 75-84: 7.1%
85+ 4.3% / 3.0%
South Launceston — 85+: 4.3% Prospect — 85+: 3.0%

Bars are drawn against the largest share shown (19.1%).

Who lives together

Household composition, 2021 Census.

South Launceston 48.6% lone person
South Launceston — Lone Person: 48.6% South Launceston — Couple Families: 28.4% South Launceston — One Parent Families: 13.6% South Launceston — Group Household: 7.8% South Launceston — Other Families: 1.6%
Prospect 49.2% lone person
Prospect — Lone Person: 49.2% Prospect — Couple Families: 30.4% Prospect — One Parent Families: 16.5% Prospect — Group Household: 3.9% Prospect — Other Families: 0.0%
Lone Person Couple Families One Parent Families Group Household Other Families

Who owns and who rents

Occupied private dwellings by tenure, 2021 Census.

South Launceston 46.3% renting
South Launceston — Owned Outright: 23.5% South Launceston — Mortgage: 30.2% South Launceston — Renting: 46.3%
Prospect 31.2% renting
Prospect — Owned Outright: 34.3% Prospect — Mortgage: 34.5% Prospect — Renting: 31.2%
Owned outright Mortgage Renting

Qualifications

Highest non-school qualification, residents 15+, 2021 Census.

South Launceston Prospect
Certificate III & IV 13.8% / 17.3%
South Launceston — Certificate III & IV: 13.8% Prospect — Certificate III & IV: 17.3%
Bachelor Degree 15.3% / 9.7%
South Launceston — Bachelor Degree: 15.3% Prospect — Bachelor Degree: 9.7%
Advanced Diploma / Diploma 6.3% / 6.4%
South Launceston — Advanced Diploma / Diploma: 6.3% Prospect — Advanced Diploma / Diploma: 6.4%
Postgraduate Degree 5.6% / 2.9%
South Launceston — Postgraduate Degree: 5.6% Prospect — Postgraduate Degree: 2.9%
Graduate Diploma / Certificate 1.9% / 1.4%
South Launceston — Graduate Diploma / Certificate: 1.9% Prospect — Graduate Diploma / Certificate: 1.4%

Bars are drawn against the largest share shown (17.3%).

Where residents were born

Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.

South Launceston Prospect
England 3.0% / 2.0%
South Launceston — England: 3.0% Prospect — England: 2.0%
Nepal 2.4% / 1.4%
South Launceston — Nepal: 2.4% Prospect — Nepal: 1.4%
India 1.9% / 1.9%
South Launceston — India: 1.9% Prospect — India: 1.9%
Philippines 0.7% / 1.0%
South Launceston — Philippines: 0.7% Prospect — Philippines: 1.0%
New Zealand 0.9% / 0.5%
South Launceston — New Zealand: 0.9% Prospect — New Zealand: 0.5%
China — / 1.2%
South Launceston — China: not among its largest Prospect — China: 1.2%
Iran 1.0% / —
South Launceston — Iran: 1.0% Prospect — Iran: not among its largest

Bars are drawn against the largest share shown (3.0%).

What people live in

Occupied private dwellings by structure, 2021 Census.

South Launceston 71.2% houses
South Launceston — Houses: 71.2% South Launceston — Flats / Apartments: 10.0% South Launceston — Townhouses: 18.8%
Prospect 72.0% houses
Prospect — Houses: 72.0% Prospect — Flats / Apartments: 23.3% Prospect — Townhouses: 4.7%
Houses Flats / Apartments Townhouses

Property market

South Launceston Prospect
Median house price $614,500 $642,500
Median unit price $381,250 $550,000
Median land price —
same for both
Typical days to sell (houses) 29 days
from 59 sales
 22 days
from 17 sales

House price by bedroom count

Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.

South Launceston Prospect
2 bed $542K / $514K
South Launceston — 2 bed: $542K (30 sales) Prospect — 2 bed: $514K (8 sales)

30 vs 8 sales

3 bed $610K / $615K
South Launceston — 3 bed: $610K (86 sales) Prospect — 3 bed: $615K (31 sales)

86 vs 31 sales

4 bed $698K / $765K
South Launceston — 4 bed: $698K (31 sales) Prospect — 4 bed: $765K (17 sales)

31 vs 17 sales

Zoning mix

Prospect has more rural and farming land (51% vs 0%); Prospect has more land zoned for conservation (15% vs 0%).

South Launceston Prospect
Residential 68% 15%
Rural and farming 0% 51%
Environmental 0% 15%
Infrastructure and transport 13% 12%
Parks and recreation 7% 5%
Commercial 6% 2%
Industrial 4% 0%
Other and special use 2% 1%
Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it. Zones as at 2026-09.

Development activity

South Launceston Prospect
New dwellings approved 208
across Launceston
same for both
Approvals change year on year -29%
same for both

Gross rental yield

Gross — before strata, rates, management, insurance and vacancy. From median advertised rents and median asking prices over the last 6 months. How we calculate.

South Launceston Prospect
Houses 4.6%
$580/wk on $649K
 4.2%
$600/wk on $745K
Units —
same for both

Ranking within TAS

South Launceston Prospect
House price —
same for both
Income Higher than 56% of TAS Higher than 43% of TAS
Schools — Higher than 92% of TAS
Walkability Higher than 98% of TAS Higher than 88% of TAS
Affordability —
same for both
EV adoption Higher than 66% of TAS Higher than 72% of TAS
NBN connectivity Higher than 93% of TAS Higher than 96% of TAS
Rental yield (houses) Higher than 73% of TAS Higher than 50% of TAS

Liveability

South Launceston is more walkable (79 vs 30).

South Launceston Prospect
Grade A
same for both
Score 65/100 67/100
Socio-economic band mid-range socio-economic
decile 4/10
same for both

Risk profile

South Launceston Prospect
Bushfire Low
25/100
 Low
20/100
Crime Not mapped
no mapped data here
same for both
Flood Not mapped
no mapped data here
same for both
Coastal erosion None
0/100
same for both
Aircraft noise None
0/100
same for both
Industrial facilities nearby 6
within 5 km
 3
within 5 km

Schools

South Launceston Prospect
Inside the suburb 2 3
Rated above peers 2
same for both
Rated at peers 0
same for both
Rated below peers 0
same for both
Universities within 10 km 1
Launceston, 2.5 km
 1
Launceston, 5.7 km
Full-time students aged 15–24 2.0% 1.2%

Schools in South Launceston

  • Glen Dhu Primary School Government · Primary above peers
  • John Calvin School Independent · Combined above peers

Schools in Prospect

  • Prospect High School Government · Secondary above peers
  • St Patrick's College Catholic · Secondary above peers
  • St Patrick’s College - Croagh Patrick Centre Catholic · Secondary

Amenities in the suburb

South Launceston Prospect
Supermarkets 1 2
Cafes & restaurants 3 2
Parks & reserves 4 2
Childcare 5 0
GPs 0 1
Pharmacies 0 1
Banks & Bank@Post 0 1
Fuel stations 1 0
EV chargers 1 0
Waterways 0 1

Mobility

Prospect sits further from the CBD (203.2 km vs 199.1 km).

South Launceston Prospect
Walkability score 79/100 30/100
Distance to Hobart 199.1 km 203.2 km
+2% vs other
Drive time (normal traffic) 137 min 150 min
Public transport score 92/100
Bus
 76/100
Bus
Peak arrivals per hour 108.5
7-9am + 5-7pm
 40.0
7-9am + 5-7pm
Median peak wait 0 min
scheduled, not actual
 1 min
scheduled, not actual
Electric vehicle share 0.6%
postcode 7249
 0.8%
postcode 7250
Rooftop solar per 100 dwellings 21
postcode 7249
 25
postcode 7250

How people get to work

Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.

South Launceston Prospect
Car (driver) 70.4% / 82.1%
South Launceston — Car (driver): 70.4% Prospect — Car (driver): 82.1%
Worked from Home 7.8% / 8.7%
South Launceston — Worked from Home: 7.8% Prospect — Worked from Home: 8.7%
Car (passenger) 7.1% / 6.0%
South Launceston — Car (passenger): 7.1% Prospect — Car (passenger): 6.0%
Walked Only 12.0% / 0.9%
South Launceston — Walked Only: 12.0% Prospect — Walked Only: 0.9%
Bus 1.9% / 1.4%
South Launceston — Bus: 1.9% Prospect — Bus: 1.4%

Bars are drawn against the largest share shown (82.1%).

Setting

South Launceston Prospect
Elevation 49 m
above sea level, at the suburb centre
 116 m
above sea level, at the suburb centre
Distance to the ocean 46.0 km
4.4 km to a named beach
 48.4 km

NBN connectivity

South Launceston Prospect
Connectivity score 98/100 100/100
Most common technology Fibre to the premises
same for both
Full-fibre (FTTP) share 94%
2,908 premises
 100%
1,024 premises

Climate

South Launceston Prospect
Annual rainfall 676 mm
same for both
Summer max (Jan) 24.5°C
same for both
Winter min (Jul) 3.1°C
same for both

Council rates

South Launceston Prospect
Average residential rate $2,075/yr
same for both
Council Launceston
same for both

Federal electorate

South Launceston Prospect
Division Bass
same for both
Member Jess Teesdale
same for both
Party Australian Labor Party
same for both

First Home Owner Grant

South Launceston Prospect
Grant amount $20,000
same for both
Property price cap —
same for both
Eligibility New
same for both

Tags

South Launceston

Easy Commute Parks Transport Hub

Prospect

Quiet

More comparisons

Other comparisons with South Launceston

South Launceston vs Newstead South Launceston vs Kings Meadows South Launceston vs West Launceston South Launceston vs Launceston South Launceston vs East Launceston South Launceston vs Punchbowl

Other comparisons with Prospect

Prospect vs Prospect Vale Prospect vs Kings Meadows Prospect vs West Launceston Prospect vs Youngtown Prospect vs Longford Prospect vs Summerhill
Full data on South Launceston Full data on Prospect
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Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.

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