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
$342K
Updated on Mar 2020
2 BR
$356K
3 BR
$317K
4 BR
$549K
Unit
$290K
Updated on Mar 2020
1 BR
$164K
2 BR
$254K
3 BR
$357K
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% $200,000 $700,000 35
Median Sale Price
$342K
Based on 87 recorded sales within the last 12 months
Updated on 26 May 2020
Suburb Growth
+6.4%
Current Median Price: $342,000
Previous Median Price: $320,000
Based on 175 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2020)
Price Range Segments (12 months ending Apr 2020)
Median Weekly Rent Price
House
$340
Updated on Apr 2020
2 BR
$300
3 BR
$340
4 BR
$435
Unit
$230
Updated on Apr 2020
1 BR
$210
2 BR
$315
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
$350
0.0% $300 $550 24
Median Rent Price
$350
per week
Based on 65 recorded rent within the last 12 months
Updated on 26 May 2020
Rent Price Growth
+2.9%
Current Median Rent: $350
Previous Median Rent: $340
Based on 124 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.3%
Current Median Price: $342,000
Current Median rent: $350
Based on 152 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2020)

Auction Results For Kings Meadows

Houses sold in Last 12 months ends 23 May 2020

$310K

Median Sale Price

100%

Clearance Rate

21/21

Sold/Reported

$400K

Highest Sale Price

Sold Price Range No. of Sold Properties
less than $400 K
(Median Price Range)
14

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