Kings Meadows, TAS 7249

Kings Meadows, TAS 7249

Compare Part of Launceston

157.70 km
Distance from CBD
11 k
Population
Median Sale Price
House
$317K
Updated on Sep 2019
2 BR
$275K
3 BR
$309K
4 BR
$435K
Unit
$295K
Updated on Sep 2019
1 BR
-
2 BR
$274K
3 BR
$348K
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
$272,500
+3.9% $147,000 $567,500 72
2018
$310,000
+12.1% $127,000 $855,000 102
2019
$335,000
+7.5% $242,000 $1,090,000 74
Median Sale Price
$328K
Based on 82 recorded sales within the last 12 months
Updated on 20 Nov 2019
Suburb Growth
+4.0%
Current Median Price: $328,000
Previous Median Price: $315,000
Based on 183 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2019)
Price Range Segments (12 months ending Oct 2019)
Median Weekly Rent Price
House
$340
Updated on Oct 2019
2 BR
$295
3 BR
$340
4 BR
$370
Unit
$215
Updated on Oct 2019
1 BR
$195
2 BR
$252
3 BR
$350
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 56
Median Rent Price
$350
per week
Based on 60 recorded rent within the last 12 months
Updated on 20 Nov 2019
Rent Price Growth
+8.6%
Current Median Rent: $350
Previous Median Rent: $320
Based on 124 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.5%
Current Median Price: $328,000
Current Median rent: $350
Based on 142 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2019)

Auction Results For Kings Meadows

Houses sold in Last 12 months ends 16 Nov 2019

$309K

Median Sale Price

97%

Clearance Rate

29/30

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

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