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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

Showing 5 of 44 investment properties found in Kings Meadows on realestateinvestar.com.au

60 Hobart Rd, Kings Meadows

$525,000

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Calling All Investors/First Home Buyers

Set on a 665m² (approx.) block in a sought-after location, this well-maintained 3 bedroom home is perfect for investors looking to secure a solid asset with immediate rental appeal and long-term potential with current tenants keen to stay on. Featuring a light-filled galley kitchen with ...

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TAS 7249


60 Gascoyne St, Kings Meadows

$749,000

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Modernised Mid-Century Home in a Prestigious Location!

Set in one of Launceston's most sought-after locations, this secure and private mid-century brick home is a testament to Modernist Australian architecture, designed by acclaimed architect Thomas Tandy. A leading figure in Modernist design during the 1950s and '60s, Tandy created spaces that ...

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TAS 7249


16 Riseley St, Kings Meadows

$499,000

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Solid Brick Home in a Fantastic Location

This sunny, solidly built brick home is situated on a level block and just minutes walk from Meadow Mews Shopping Centre. With endless amenities, schools and public transport nearby, the location offers accessibility and convenience. Having being a cherished family home for years and more recently ...

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TAS 7249


43 Lakeside Dr, Kings Meadows

$1,100,000

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Family Living at Its Finest

Beautifully positioned in the well-established Mount Pleasant Estate, 43 Lakeside Drive is an impressive family residence that delivers both style and functionality in equal measure. Surrounded by other quality modern homes in a peaceful, family-friendly environment, the property boasts ...

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TAS 7249


4 Merrington La, Kings Meadows

$579,000

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Charming Character Home Modern Comfort

This charming circa 1925 three-bedroom home blends character and modern living with gorgeous gardens offering private nooks for morning tea. A spacious fully enclosed patio provides year-round additional living space. Inside, the home showcases its heritage with high ceilings, leadlight windows, ...

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TAS 7249


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