East Launceston (postcode 7250) is a smaller suburb in Tasmania within the Launceston local government area. It is home to about 2,270 residents, with a settled mid-life population and a median age of 41. Households earn a median income of $98K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.3% year-on-year at the LGA level. TAS employment has moved -0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. TAS also had 19 Commonwealth-backed major projects under construction, 0 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, community & personal service. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $500. The median monthly mortgage repayment is $1,600.
East Launceston is served by 1 school, including 1 primary. The average ICSEA score is 1046, which is around the national average of 1,000. Public transport access includes 22 bus stops. Healthcare facilities include 1 private hospital.
From an investment perspective, Population growth of -0.3% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.