Kings Meadows, TAS 7249
Compare Part of Launceston
157.70 km
Distance from Hobart CBD
11 k
Population
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
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 | $580,000 | +15.5% | $385,000 | $1,625,000 | 71 |
| 2023 | $515,000 | -12.6% | $261,000 | $1,440,000 | 75 |
| 2024 | $555,000 | +7.2% | $389,000 | $1,555,000 | 23 |
Median Sale Price
$510K
Based on 81 recorded sales within the last 12 months
Updated on 19 Apr 2024
Suburb Growth
-14.7%
Current Median Price: $510,000
Previous Median Price: $585,000
Based on 143 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
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 | $350 | +8.6% | $200 | $570 | 62 |
| 2019 | $350 | 0.0% | $175 | $570 | 65 |
| 2020 | $365 | +4.1% | $220 | $550 | 61 |
| 2021 | $400 | +8.8% | $320 | $650 | 49 |
| 2022 | $450 | +11.1% | $350 | $720 | 61 |
| 2023 | $460 | +2.2% | $290 | $850 | 58 |
| 2024 | $500 | +8.0% | $355 | $700 | 15 |
Median Rent Price
$470
per week
Based on 53 recorded rent within the last 12 months
Updated on 19 Apr 2024
Rent Price Growth
+4.3%
Current Median Rent: $470
Previous Median Rent: $450
Based on 115 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.8%
Current Median Price: $510,000
Current Median rent: $470
Based on 134 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
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 |