A 36 year Waverley man has been charged over a wounding incident in Launceston last night.

Police responded to a report of a man being injured with a knife in the vicinity of 262 Charles Street, Launceston about 5.40pm last night.

Shortly after, Launceston Police located a 36-year-old man from Waverley at a residence in Launceston.  The man was arrested and detained at the Launceston Police Station while investigations continued.

The victim was treated at the Launceston General Hospital for non-life-threatening injuries.

The alleged offender was interviewed by Launceston CIB this morning and has been charged with wounding, aggravated burglary, breaching a police family violence order, trafficking in a controlled substance and use a controlled drug.

The parties concerned are well known to each other and this appears to be a domestic related dispute. The general public was not at risk.

The man will appear in the Launceston Magistrates Court today at 2.15pm.

Police would like to speak to anyone who may have witnessed this incident. Contact can be made by contacting Launceston Police on 67773945 or Crime Stoppers on 1800 333 000 or online at crimestopperstas.com.au