St Leonards — Houses

NEUTRAL
TAS 7250 House Rank #34 of 37 in Launceston
$642K
Median House Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
0 buyers/listing
Weak
LIQUIDITY
30d DOM
Neutral
AFFORDABILITY
12.3% vs 5yr
Neutral
GROWTH OUTLOOK
Good
Strong
YIELD
4.6%
Strong
SUPPLY PRESSURE
0.4% vacancy
Strong
#34/37 Good Structure 99 Room to run $642K

Atlaso rates St Leonards houses as HOLD. Average growth outlook. Vacancy is extremely tight at 0.41%, well below the 2.5% equilibrium, but conviction is not high enough for a BUY rating. Better houses options may be available in Launceston.

At $642K, St Leonards ranks #34 of 37 houses in Launceston. The long-term structural outlook is Good. Prices grew 23.5% over the past year, showing strong momentum.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Launceston.

Market Intelligence

What's Happening Now

Seller's Market Low stock, prices firming. Expect competition.
+11.5%
Asking Prices (3mo)
+13.6%
Rents (12mo)
0.5%
Vacancy
35%
Fresh Stock (<30d)

House Asking Prices (12 months)

$891K

House Weekly Rents (12 months)

$601/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 7250.

Momentum Health

Room to run

30% stall probability

St Leonards is growing at 23.5% annually with no signs of slowing. Vacancy remains tight and the suburb has not yet reached its affordability ceiling relative to Launceston.

STALL RISK 30%

Suburb Profile

St Leonards at a Glance

SEIFA Index
5/10
Average
Household Income
$1,400/wk
Median household
Median Age
41
Years
Mortgage Stress
21%
of income
Population Growth
+0.3%
vs state +1.5%
Ownership Mix
25.4% owned 43.6% mortgage 28.0% renting

Demographic Trends

St Leonards Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full St Leonards Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is St Leonards a good suburb to invest in?
Atlaso rates St Leonards as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across St Leonards and 46 Australian cities to generate this rating.
What is the median house price in St Leonards?
The current median house price in St Leonards, tas is $642K, with annual growth of +14.4%.
How fast do properties sell in St Leonards?
Days on market data is not currently available for St Leonards.
What is the growth outlook for St Leonards?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate St Leonards's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in St Leonards?
The gross rental yield for houses in St Leonards is 4.6%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

Check Another Suburb
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).