City of Launceston
Mowbray
Mowbray at a glance
Median house
$420,000
Median unit
$420,000
Walk score
14
Very car dependent
Population
17.2k
Median age 33
The brief
What to know about Mowbray.
Mowbray (7248) sits in the Launceston region of Tasmania. The median house here is $420,000, below the Tasmania median of around $650K.
Mowbray has roughly 17,177 residents, with a young-family demographic. Households are dominated by renters. Daily life is car-dependent: most residents drive to work, school and the shops.
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Day to day
What it’s like to live here.
Mowbray scores 14/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Schooling within or near the suburb covers 7 government primary, 5 government secondary, 3 Catholic, 4 independent.
Who lives here
Demographics.
The 2021 Census put Mowbray's population at 17,177, with a median age of 33. That sits as a young-family demographic.
Population
17,177
Median age
33
Family households
–
Lone person
–
Houses change hands at $420,000 on a typical sale, below the Tasmania median. Units come in around $420,000, roughly 0% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $84,000. Prices are below the Tasmania median, which keeps Mowbray on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$420,000
+0.0% over the past year. Median unit price $420,000.
Sales data as of December 2024· sales-abs
Rental and ownership
Weekly rent (house)
$260/wk
Weekly rent (unit)
$221/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$420,000
$420,000
17,177
Median age: 33
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For investors
Investment overview.
Gross rental yield on houses sits at 3.22% (median rent $260/wk against a $420,000 price tag). Units yield 2.74% gross, often the better cash-flow play for first-time investors.
Gross Yield (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20243.22%
Based on $420,000 median
Gross Yield (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20242.74%
Based on $420,000 median
Annual Growth (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Annual Growth (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021–
Higher = more owner-occupier demand
Days on Market
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Getting around
Walkability.
14
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Nearby suburbs
Education
Schools in Mowbray.
Local schools for Mowbray
View the catchment for each school to find out more.
Government School Catchment
Mowbray Heights Primary School
Invermay Primary School
Launceston Big Picture School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Mowbray.
- What is the median house price in Mowbray?
- The median house price in Mowbray, TAS 7248 is $420,000. The median unit price is $420,000. Annual growth is +0.0%.
- What is the Mowbray postcode?
- Mowbray is in the 7248 postcode, in TAS, in the City of Launceston region.
- What is the average rent in Mowbray?
- The median weekly rent for houses is $260, for units it's $221.
- What schools are in Mowbray?
- There are 20 schools serving Mowbray on this page, including Mowbray Heights Primary School, St Finn Barr's Catholic Primary School, Launceston Church Grammar School.
- How walkable is Mowbray?
- Mowbray has a Walk Score of 14 out of 100, highly car-dependent. transit score 0, bike score 100.
- What suburbs are near Mowbray?
- Mowbray is close to Mowbray Heights, Invermay, Inveresk, Mayfield, Elphin.
- What is the population of Mowbray?
- Mowbray has approximately 17,177 residents. The median age is 33.
Mowbray
Guides
Surrounding Suburbs
Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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