140 Businesses For Sale in Launceston + Northern TAS

Launceston and the Northern region of Tasmania offer a mix of urban charm, agricultural richness, and natural beauty. Known for its historical significance, Launceston serves as the second-largest city in Tasmania and a hub for the surrounding rural areas.

Key demographic insights:

• Population: Launceston has approx 110,000 residents, with the broader Northern Tasmania region home to around 220,000 people.
• Age: The median age in Launceston is 39 years, slightly younger than the national median.
• Income: The median weekly personal income in Launceston is $750, which is lower than the national average.
• Real Estate: Approximately 75% of dwellings in Launceston are separate houses, with 65% of households being owner-occupied.
• Rental Income: The median weekly rent is $380, with around 30% of households renting.
• Cultural Diversity: The region is predominantly Australian-born, with 16% of the population born overseas.
• Education: Approximately 19% of residents aged 15 years and over hold a Bachelor’s degree or higher, from institutions like the University of Tasmania.
• Most Populated Suburbs: Launceston, South Launceston, Newstead, and Kings Meadows, which serve as residential and commercial hubs.
• Key Attractions: Cataract Gorge and City Park, the Tamar Valley wine region, and the surrounding wilderness areas.
• Distance to Hobart: Launceston is located approximately 200 kilometers north of Hobart, making it a 2.5-hour drive.
• Growth: Northern Tasmania is experiencing modest growth, supported by developments in tourism, agriculture, and renewable energy.

These demographics highlight Launceston and Northern Tasmania as a region with a growing population, a diverse community, and unique opportunities for residents and businesses. To view more information and read the sources of this information, visit our helpful resources page.