Underwood ^{TAS 7268}

Underwood's house market is moving lower: the median sale price reached $920,000, about 4% below where it sat a year earlier. That said, only eight sales settled in the quarter, so the median is a noisy signal — treat it as a direction rather than a level.

Short-Stay Rentals

No active Airbnb listings.

Airbnb only, as at Jun 2026; other platforms are not included. Active means reviewed in the past 12 months. The share is against private dwellings at the 2021 Census.

The three add up to the change above. These are council-wide figures from the ABS, not figures for this locality alone — this locality's own population is in the census section above.

Households face an average residential rates bill of $2,075 a year through Launceston based on 2024 figures.

Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the locality around it — the property page shows the zone for one address.

In the year to August 2026, 208 new dwellings were approved across Launceston. Almost all of the pipeline is detached houses. Approvals are down 28.6% on the same period a year earlier.

Moderate rainfall — mild summers, cold winters with occasional frost.

Elevation

410 m

above sea level, at the locality centre

Distance to the ocean

33.7 km

Annual rainfall

676 mm

87 rainy days

Summer max (Jan)

24.5°C

0 days ≥ 35°C

Winter min (Jul)

3.1°C

26 frost days ≤ 0°C

Elevation is the ground at the locality centre, from Geoscience Australia's National Digital Elevation Model. Approximate — it reads high in dense built-up areas. It is a measure of height above sea level and not an indicator of flood risk, which depends on height above nearby waterways.

$20,000 for new homes.

$20,000 for transactions commencing 1 July 2026 - 30 June 2027. THE AMOUNT MOVES EVERY YEAR AND THE SRO PUBLISHES THE TABLE: $30,000 (FY2025-26), $10,000 (FY2024-25), $30,000 (Apr 2021 - Jun 2024). We held $10,000 until 2026-09-18, which was the FY2024-25 figure — two years stale, and wrong in both directions in between. Nothing is published beyond 30 June 2027, so this is due again then regardless of the 1 July sweep. No purchase-price cap is STATED on the eligibility pages (an absence, not an explicit "no cap"); the Grant Guideline PDF was not read. Eligible new builds include substantially renovated homes and kit homes. Completion within 24 months of the transaction start date, or the grant drops to $10,000. Separate from the grant: the first home buyer duty exemption on ESTABLISHED homes up to $750,000 closed for settlements after 30 June 2026.

Verify eligibility with State Revenue Office of Tasmania

Currently held by Jess Teesdale Australian Labor Party

Results are per division — federal electoral boundaries are redrawn periodically, so the history reflects this division's past, not necessarily the exact locality's voters across time.

Elected at the 2025 election:

• Bridget Archer Liberal Party
• Janie Finlay Australian Labor Party
• Michael Ferguson Liberal Party
• Cecily Rosol Tasmanian Greens
• Rob Fairs Liberal Party
• George Razay Independent
• Jess Greene Australian Labor Party

A vacancy here is filled by a recount of the original votes, not a by-election, so a member listed may since have been replaced. Results: Tasmanian Electoral Commission.