Kings Meadows, TAS 7249
Compare Part of Launceston
157.70 km
Distance from Hobart CBD
11 k
Population
Median Sale Price
House
$560K
Updated on Aug 2022
2 BR $410K | 3 BR $527K | 4 BR $735K |
Unit
$415K
Updated on Aug 2022
1 BR - | 2 BR $458K | 3 BR $398K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $240,000 | 0.0% | $170,000 | $495,000 | 82 |
| 2010 | $250,000 | +4.0% | $175,000 | $505,000 | 62 |
| 2011 | $257,000 | +2.7% | $140,000 | $515,000 | 53 |
| 2012 | $245,000 | -4.9% | $160,000 | $514,000 | 51 |
| 2013 | $258,000 | +5.0% | $163,000 | $625,000 | 57 |
| 2014 | $230,000 | -12.2% | $43,200 | $525,000 | 64 |
| 2015 | $250,000 | +8.0% | $95,000 | $675,000 | 70 |
| 2016 | $265,000 | +5.7% | $155,000 | $810,000 | 86 |
| 2017 | $275,000 | +3.6% | $147,000 | $567,500 | 78 |
| 2018 | $323,000 | +14.9% | $127,000 | $855,000 | 113 |
| 2019 | $340,000 | +5.0% | $141,500 | $1,090,000 | 89 |
| 2020 | $360,000 | +5.6% | $155,000 | $1,160,000 | 98 |
| 2021 | $490,000 | +26.5% | $280,000 | $975,000 | 80 |
| 2022 | $560,000 | +12.5% | $385,000 | $1,625,000 | 55 |
Median Sale Price
$550K
Based on 70 recorded sales within the last 12 months
Updated on 3 Oct 2022
Suburb Growth
+22.7%
Current Median Price: $550,000
Previous Median Price: $425,000
Based on 159 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2022)
Price Range Segments (12 months ending Sep 2022)
Median Weekly Rent Price
House
$450
Updated on Aug 2022
2 BR $390 | 3 BR $440 | 4 BR $550 |
Unit
$380
Updated on Aug 2022
1 BR $325 | 2 BR $378 | 3 BR $490 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | $300 | 0.0% | $300 | $300 | 1 |
| 2014 | $290 | -3.4% | $210 | $550 | 38 |
| 2015 | $285 | -1.8% | $160 | $500 | 93 |
| 2016 | $295 | +3.4% | $145 | $550 | 65 |
| 2017 | $320 | +7.8% | $165 | $450 | 45 |
| 2018 | $330 | +3.0% | $200 | $500 | 62 |
| 2019 | $350 | +5.7% | $175 | $520 | 65 |
| 2020 | $365 | +4.1% | $220 | $550 | 61 |
| 2021 | $400 | +8.8% | $320 | $650 | 49 |
| 2022 | $450 | +11.1% | $350 | $720 | 47 |
Median Rent Price
$450
per week
Based on 63 recorded rent within the last 12 months
Updated on 3 Oct 2022
Rent Price Growth
+13.3%
Current Median Rent: $450
Previous Median Rent: $390
Based on 110 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.3%
Current Median Price: $550,000
Current Median rent: $450
Based on 133 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2022)
Schools closest to Kings Meadows, TAS 7249
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Youngtown Primary School | VICTORIA STREETYoungtown 7249 | Primary | Government | 1.5 km |
| Norwood Primary School | NORWOOD AVENUENorwood 7250 | Primary | Government | 1.27 km |
| Punchbowl Primary School | 146 PUNCHBOWL ROADLAUNCESTON 7249 | Primary | Government | 1.82 km |
| Glen Dhu Primary School | 270 WELLINGTON STREETSouth Launceston 7249 | Primary | Government | 2.05 km |
| Queechy High School | 161 PENQUITE ROADNorwood 7250 | Secondary | Government | 2.2 km |