Kings Meadows, TAS 7249
Compare Part of Launceston
157.70 km
Distance from Hobart CBD
11 k
Population
Median Sale Price
House
$364K
Updated on Dec 2020
2 BR $310K | 3 BR $350K | 4 BR $488K |
Unit
$300K
Updated on Dec 2020
1 BR - | 2 BR $282K | 3 BR $388K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $240,000 | 0.0% | $170,000 | $495,000 | 80 |
| 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 | 66 |
| 2016 | $262,000 | +4.6% | $155,000 | $810,000 | 80 |
| 2017 | $275,000 | +4.7% | $147,000 | $567,500 | 72 |
| 2018 | $310,000 | +11.3% | $127,000 | $855,000 | 102 |
| 2019 | $340,000 | +8.8% | $242,000 | $1,090,000 | 86 |
| 2020 | $360,500 | +5.7% | $155,000 | $1,160,000 | 90 |
| 2021 | $425,000 | +15.2% | $300,000 | $430,000 | 3 |
Median Sale Price
$365K
Based on 85 recorded sales within the last 12 months
Updated on 23 Jan 2021
Suburb Growth
+6.8%
Current Median Price: $365,000
Previous Median Price: $340,000
Based on 174 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$365
Updated on Dec 2020
2 BR $330 | 3 BR $360 | 4 BR $450 |
Unit
$330
Updated on Dec 2020
1 BR $225 | 2 BR $330 | 3 BR $450 |
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 | $280 | -3.6% | $160 | $500 | 93 |
| 2016 | $295 | +5.1% | $145 | $550 | 65 |
| 2017 | $320 | +7.8% | $165 | $450 | 45 |
| 2018 | $330 | +3.0% | $200 | $490 | 62 |
| 2019 | $350 | +5.7% | $175 | $520 | 65 |
| 2020 | $365 | +4.1% | $220 | $550 | 61 |
| 2021 | - | - | - | - | - |
Median Rent Price
$365
per week
Based on 57 recorded rent within the last 12 months
Updated on 23 Jan 2021
Rent Price Growth
+4.1%
Current Median Rent: $365
Previous Median Rent: $350
Based on 122 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.2%
Current Median Price: $365,000
Current Median rent: $365
Based on 142 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Kings Meadows
Houses sold in Last 12 months ends 16 Jan 2021
$386K
Median Sale Price
100%
Clearance Rate
3/3
Sold/Reported
$386K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| less than $400 K (Median Price Range) | 1 | |
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 |