Mowbray
Suburb profile, market snapshot and recent listings for Mowbray, TAS 7248.
About Mowbray
Welcome to Mowbray
Mowbray sits just north of the Launceston CBD, tucked between the Tamar River flats and the suburb of Newnham on Tasmania's north coast. It's a practical, working suburb with a young population and a strong sense of place, bordered by Invermay, Ravenswood, East Launceston and Mayfield.
With a median age of 32, Mowbray tends to attract young families, first-home buyers and tenants drawn by its affordability relative to the rest of Launceston, plus its easy access to the city centre, the University of Tasmania's Newnham campus and the sporting facilities that have long defined the area.
Lifestyle & dining
Mowbray's daily life revolves around its sporting and recreational infrastructure as much as any café strip. The suburb is home to Mowbray Racecourse and the associated golf course, both long-standing fixtures of local life, while the York Park precinct (also known as UTAS Stadium) sits nearby, bringing AFL and cricket crowds through the area several times a year. For dining and café culture, residents typically head into Invermay or the Launceston CBD, both a short drive or ride away, where the wider city's restaurant and bar scene takes over.
Shopping
Everyday shopping in Mowbray is centred on a handful of local convenience stores and takeaway options, with the bulk of retail therapy done in neighbouring Mayfield or the Launceston city centre, home to Brisbane Street Mall, Quadrant Mall and the full spread of supermarkets and specialty stores. This trade-off suits residents who want a quieter residential base without sacrificing quick access to a full-service shopping precinct.
Getting around
Mowbray's location just north of the Launceston CBD makes it an easy commute by car, with several arterial roads connecting through to Invermay and the city centre in a matter of minutes. Public bus services run through the suburb linking it to Newnham, Ravenswood and the CBD, and the suburb's flat, riverside geography also makes it reasonably friendly for cycling, particularly along routes tracing the Tamar River towards Invermay and the city.
Schools & families
Families in Mowbray have access to Mowbray Heights Primary School within the suburb itself, catering to local primary-aged children, while Launceston Church Grammar School, one of the region's well-regarded independent schools, is close by and draws families from across the northern suburbs. The suburb's young median age of 32 reflects its ongoing appeal to families and younger buyers setting up in the area.
The property market
Mowbray's median house price currently sits at $532,000, having posted strong growth of 19.6% recently — a sign of the broader demand pushing into Launceston's more affordable northern suburbs. Median rent is $500 per week, reflecting solid tenant demand in a suburb close to both the university campus and the city centre.
Current listings show houses make up the bulk of the market at 63%, followed by apartments and units at 26%, land at 7% and townhouses at 4%. That mix gives buyers a reasonable spread of options, from freestanding family homes to lower-maintenance units, making Mowbray a suburb worth considering for owner-occupiers and investors alike.
Parks & recreation
Beyond the racecourse and golf course, Mowbray benefits from its riverside position along the Tamar, with green space and walking tracks providing a natural outlet for residents. Its proximity to Windmill Hill Reserve and the broader Invermay recreational precinct adds to the suburb's appeal for those who want easy access to outdoor space without leaving the northern side of Launceston.
Market snapshot
Mowbray property market
Median sale price
$532k
House · 3 bed
Median rent
$500
per week
Gross rental yield
4.9%
annual rent ÷ sale price
Typical price range
Entry
$365k
Median
$532k
Premium
$674k
Days on market
23
Auction clearance
0%
Sold this year
59
Median sold price trend · House 3 bed
Compound growth +5.2% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Mowbray by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Mowbray, TAS 7248.
Population
4,048
residents (2021)
Median age
32
years
Household income
$1,138
median, per week
Median rent
$290
per week
Median mortgage
$1,050
per month
Mortgage / income
21%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Mowbray
Government school catchment
Independent & Catholic schools
Recent results
Recently sold in Mowbray
$499k
7 Trueman Crescent
Sold ~July 2026
$705k
8A Cadorna Street
Sold ~July 2026
$435k
1/15 Foch Street
Sold ~June 2026
$589k
3 Brussels Street
Sold ~June 2026
$449k
35 Foch Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Mowbray
Compare the area
Price map around Mowbray
Every listing for sale near Mowbray, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Mowbray suburb FAQ
What is the median property price in Mowbray?
The median house price in Mowbray, TAS is $532k for a 3-bedroom home. Over the past year, median sold prices have risen about 19.6%.
How much is rent in Mowbray?
The median weekly rent in Mowbray is around $500 per week.
Is Mowbray a good place to live?
Mowbray is a suburb of Launceston in the Australian state of Tasmania and is the site of Mowbray Racecourse, home of the Launceston Cup. Mowbray is an established residential suburb in TAS, with a population of around 4,048 and 2 schools in the area.
What is the population of Mowbray?
Mowbray has a population of 4,048 (ABS 2021 Census), with a median age of 32.
What schools are in Mowbray?
There are 2 schools in or near Mowbray, including Mowbray Heights Primary School and Launceston Church Grammar School.
How long do homes take to sell in Mowbray?
Properties in Mowbray take around 23 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Mowbray?
Entry-level properties in Mowbray start around $365k, while premium homes reach $674k.
What suburbs are near Mowbray?
Suburbs near Mowbray include Invermay, Newnham, Ravenswood, East Launceston and Mayfield.
Fresh to market
New this week in Mowbray
Here is one at the cheaper end of the market
Big Block, Big Shed, Even Bigger Potential
Available now