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 also contains the minor suburbs of Mowbray Heights and Vermont. The suburb of Mowbray is located on a flat-topped, alluvial shelf, known as Mowbray Hill (formerly Paint Mine Hill), roughly 28m above the Tamar River and its flood plains.