A buyers agent in Launceston is a licensed agent who acts only for the buyer, never the seller. Citadel Agency has secured investment property in Launceston for clients, in suburbs including St Leonards, Kings Meadows, Mowbray and Invermay, with research, sourcing, due diligence and negotiation from the first call to settlement.
21.9% average growth on client results5.3% average gross rental yield88% bought off or pre market$165M+ in deals transacted
The role
What does a buyers agent in Launceston do?
Consumer Affairs Victoria describes a buyer’s agent as a licensed estate agent who, for a fee, acts for a buyer instead of a seller. A selling agent works for the vendor. We work only for you: we find and shortlist properties, look at ones that are never advertised, check each one, and negotiate or bid at auction for you.
Citadel Agency was founded by Omar De Guise and Jadd Chahal. Every purchase is backed by our own research across 15,500 suburbs, so your Launceston decision is made on evidence, not on a sales pitch.
71.3Kpeople in Launceston LGA in June 2025ABS, down 0.3% (192 people) that year
75.0Kprojected for 2053Tasmanian Treasury TasPOPP 2024, medium series
+512net overseas migration to Launceston LGA in 2024-25ABS, offset by a net internal migration loss of 708
What infrastructure is being built in Launceston?
Opened
UTAS Inveresk campusThe $304 million relocation of the University of Tasmania campus to Inveresk finished when The Shed, the last of three new buildings, opened.
Tamar Estuary River Health Action PlanThe $129.2 million sewerage upgrade was completed on 21 October 2026 and is expected to cut overflows into the estuary by almost 60% in an average year.
Spirit Quay, DevonportThe new terminal opened on 22 October 2026 ahead of the first Spirit of Tasmania IV and V sailings, which the Government says are due on 31 October.
First home buyer duty exemption endedThe full duty exemption for first home buyers of established homes up to $750,000 applied only to settlements from 18 February 2024 to 30 June 2026.
Consumer Affairs TasmaniaCBOS has become Consumer Affairs Tasmania and Building Standards Tasmania, and rental bond claims now go through Consumer Affairs Tasmania.
Launceston LGA shrank slightly in 2024-25 because more residents left for other parts of Australia than overseas migration replaced, so check tenant demand suburb by suburb before buying. Investors also need to plan for the new pet and safety rules for rentals and for the Residential Tenancy Act review.
Our three strongest results here, by growth. See every purchase on our results page. Values now are from comparative market analyses (CMA). Suburb only, no client details. Past performance is not a reliable indicator of future performance.
How we buy
How we buy your Launceston investment property
1
Strategy call
Your goals, budget and borrowing.You get: A clear brief
2
Investment brief
Growth, yield and risk settings.You get: Your Game Plan
3
Area research
Suburbs scored on our data.You get: A shortlist
4
Sourcing
On, off and pre market.You get: The right property
5
Due diligence and negotiation
Comparables, checks and price.You get: A safe deal
6
Settlement and beyond
Tenant, manager and reviews.You get: A performing asset
“
I have purchased multiple properties over the years however was stuck for over 6months trying to get into the Melbourne and Tassie market. I reached out to the team and in a few weeks they secured me 2 great properties. I will use Citadel for all future purchases going forward. 10/10
A buyers agent in Launceston acts only for the purchaser. We set your brief, research suburbs on growth, rental demand, supply and risk, find on market and off market property, check each one, and negotiate or bid for you through to settlement.
Do you buy investment properties in Launceston?+
Yes. We have secured investment property in Launceston for clients, in suburbs including St Leonards, Kings Meadows, Mowbray and Invermay. All were bought off market or pre market, and our purchases are listed by suburb on our results page.
Do I need to live in Launceston to buy there?+
No. Most of our clients buy interstate. We research, arrange inspections through local partners, negotiate and manage the purchase to settlement, and keep you updated at every step.
How fast is Launceston growing?+
Launceston LGA had 71,341 residents in June 2025, down 192 (0.3%) that year according to the ABS. Tasmanian Treasury projects about 75,000 by 2053.
What infrastructure is being built in Launceston?+
The UTAS Inveresk campus is complete. The $130 million UTAS Stadium upgrade is due in November 2027, the $129.2 million Tamar estuary sewerage project was completed in October 2026, and Spirit Quay in Devonport opened on 22 October 2026.
What has the Tasmanian Government changed for property investors?+
Tenants can now request pets and anchor furniture, and the Residential Tenancy Act is under review. The first home buyer duty exemption ended for settlements after 30 June 2026, and tenancy regulation moved to Consumer Affairs Tasmania on 1 October 2026.
How much is stamp duty in Tasmania?+
It depends on the price, whether you are a first home buyer and whether you are a foreign buyer. Our free stamp duty calculator uses the published Tasmania rates, and your conveyancer will confirm the final amount.
Is a buyers agent worth it in Launceston?+
It depends on your time, experience and how competitive the market is. Our guide "Is a buyers agent worth it?" sets out when a buyers agent helps and when you may not need one.
How do I get started?+
Book a free 30 minute strategy call. We look at your budget, borrowing and goals, and tell you honestly whether Launceston fits your plan.
Areas we serve
Buyers agents Australia wide
We research over 15,500 suburbs to find the strongest locations for each client.