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Investment Property Kings Meadows, TAS, 7249

Suburb Snapshot

Kings Meadows is a suburb in the Launceston Region of Tasmania. Kings Meadows has a population of 3,673 people and 27.57% of its occupants live in rental accommodation. The median listing price for houses is $532,500 and this has changed 6.71% over the past year and changed -3.01% over 2 years.

The median rent in Kings Meadows for houses is $470 per week and the median rental yield is 4.58%. Stock on the market for houses/townhouses has changed 81.82% compared to last year and the average time to sell a house/townhouse is 77 days.The median listing price for units is $475,000 and this has changed NA over the past year. The average unit takes 107 days to sell and the median rent for a unit in Kings Meadows is $440 per week, producing a rental yield of 4.81%.

Supply & Demand in Kings Meadows, Launceston

0.64%

Current vacancy rate


13

Rental stock available


3,673

Population


27.57%

Rental population


0.70%

Current vacancy rate


226

Rental stock available


65,275

Population


30.07%

Rental population


0.49%

Current vacancy rate


1,351

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Kings Meadows, Launceston

  House Townhouses Units
Median listing price $532,500 NA $475,000
Median price change - last quarter 1.04% NA -1.56%
Median price change - 1 year 6.71% NA NA
Median price change - 2 years -3.01% NA NA
  House Townhouses Units
Median weekly rent $470 NA $440
Median yield % 4.58% NA 4.81%
Median rent change - 1 year 3.29% NA 11.39%
  House Units
Previous month sales 12 0
Stock on market previous month 40 0
Stock variance vs. last year 81.82% -100.00%
Average days on market 77 107

Kings Meadows investment property listings

Showing 5 of 32 investment properties found in Kings Meadows on realestateinvestar.com.au

35 Harold St, KINGS MEADOWS

$619,000

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Elevated Appeal with Stunning Outlook

Perched in an elevated, north-facing position, this red brick residence captures sweeping views and basks in all-day sunshine. Offering comfort, style and everyday convenience in the heart of sought-after Kings Meadows, this property is sure to appeal to local buyers and investors alike. ...

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TAS 7249


5/16 Quarantine Rd, KINGS MEADOWS

$679,000

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Sunny, Low-Maintenance Living in Kings Meadows

Immaculately presented and feeling very much like new, this modern three-bedroom home offers secure, low-maintenance living in a convenient Kings Meadows location. Light-filled open plan living forms the heart of the home, flowing seamlessly to a spacious undercover deck where you can enjoy sunny ...

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TAS 7249


2 Reuben Ct, KINGS MEADOWS

$629,000

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Ideal investment or first home

Located close to shopping, public transport and the local School is this low maintenance home that would be perfect for investors or blended families that need that extra bit of space. Upstairs the home has an updated kitchen, 3 good size bedrooms and 1 bathroom with a separate toilet. There is a ...

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House

TAS 7249


26 Ormley St, KINGS MEADOWS

$595,000

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Walk To Everything Convenience

Positioned in a quiet no-through street just a short stroll from the Kings Meadows shopping precinct, this solid brick home offers a practical layout with the bonus of a large additional living area. Well suited to first home buyers, families or investors, it combines convenience, space and ...

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TAS 7249


38 Nichols St, KINGS MEADOWS

$525,000

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Elevated Living on Substantial Block With Panoramic Views

Positioned on a sprawling block of almost 3,500m2, this modern home offers a lifestyle filled with breathtaking vistas and abundant natural light. Designed to embrace its elevated position, the property captures stunning mountain views and has great potential for future development. Every corner ...

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TAS 7249


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