Kings Meadows, TAS 7249
Compare Part of Launceston
157.70 km
Distance from Hobart CBD
11 k
Population
Median Sale Price
House
$335K
Updated on Jan 2020
2 BR $315K | 3 BR $315K | 4 BR $500K |
Unit
$290K
Updated on Jan 2020
1 BR $164K | 2 BR $274K | 3 BR $375K |
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 | $385,000 | +11.7% | $285,000 | $700,000 | 13 |
Median Sale Price
$340K
Based on 86 recorded sales within the last 12 months
Updated on 29 Feb 2020
Suburb Growth
+5.9%
Current Median Price: $340,000
Previous Median Price: $320,000
Based on 178 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$340
Updated on Jan 2020
2 BR $300 | 3 BR $340 | 4 BR $428 |
Unit
$210
Updated on Jan 2020
1 BR $210 | 2 BR $210 | 3 BR $415 |
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 | $290 | +3.4% | $145 | $550 | 65 |
| 2017 | $310 | +6.5% | $165 | $450 | 45 |
| 2018 | $330 | +6.1% | $200 | $490 | 62 |
| 2019 | $350 | +5.7% | $175 | $520 | 65 |
| 2020 | $370 | +5.4% | $350 | $480 | 4 |
Median Rent Price
$350
per week
Based on 59 recorded rent within the last 12 months
Updated on 29 Feb 2020
Rent Price Growth
+5.7%
Current Median Rent: $350
Previous Median Rent: $330
Based on 124 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.4%
Current Median Price: $340,000
Current Median rent: $350
Based on 145 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Kings Meadows
Houses sold in Last 12 months ends 22 Feb 2020
$309K
Median Sale Price
100%
Clearance Rate
29/29
Sold/Reported
$620K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K | 1 | |
| less than $400 K (Median Price Range) | 17 | |
Similar Suburbs to Kings Meadows 7249
Based on median house sale price sold in last 12 months
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 |