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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 69.57% compared to last year and the average time to sell a house/townhouse is 67 days.The median listing price for units is $475,000 and this has changed NA over the past year. The average unit takes 110 days to sell and the median rent for a unit in Kings Meadows is $430 per week, producing a rental yield of 4.70%.

Supply & Demand in Kings Meadows, Launceston

0.94%

Current vacancy rate


19

Rental stock available


3,673

Population


27.57%

Rental population


0.72%

Current vacancy rate


234

Rental stock available


65,275

Population


30.07%

Rental population


0.51%

Current vacancy rate


1,414

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 $430
Median yield % 4.58% NA 4.70%
Median rent change - 1 year 4.44% NA 8.86%
  House Units
Previous month sales 9 0
Stock on market previous month 39 1
Stock variance vs. last year 69.57% -80.00%
Average days on market 67 110

Kings Meadows investment property listings

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