Kings Meadows at a glance
4,438
People
$671,000
Median sale
$536/wk
Median rent
4.15%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
TAS › Kings Meadows › Southgate Dr
5
Bedrooms
2
Bathrooms
7
Car spaces
969 m²
Land
306 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Kings Meadows (last 5 years) with land size have a median of $872/m² of land (n=100). Districts calculation from recorded sales — not a valuation.
Kings Meadows at a glance
4,438
People
$671,000
Median sale
$536/wk
Median rent
4.15%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $536/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Kings Meadows at a glance
4,438
People
$671,000
Median sale
$536/wk
Median rent
4.15%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts LauncestonThis stunning contemporary brick and tile home, meticulously crafted in 2014, winning the HIA Project Home of the Year award 2015 is nestled in the highly sought-after Mt Pleasant Estate and stands amongst other luxury homes. The property boasts a fully landscaped 969 sqm (1/4 acre) block, featuring established gardens that are a breeze to maintain and a fabulous undercover alfresco area, complemented by patio blinds for year-round entertaining.
Inside, a spacious 234 sqm floor plan offers remarkable versatility and the comfort of a generous lounge and family living space, complete with the option of gas heating or reverse cycle air conditioning. Additionally, a separate living area opens up possibilities for a sixth bedroom, home gym, office, or studio. The kitchen is a true focal point, showcasing timeless stone benchtops and gas hotplates. A vast butler's pantry provides ample space for appliances, featuring a double sink and dishwasher.
With five double bedrooms, each equipped with built-in wardrobes and one with an attached powder room, this home offers both space and convenience. The master bedroom boasts a generous walk-in wardrobe and a stylish ensuite. The central main bathroom and separate toilet are strategically placed for accessibility. Natural gas connections for cooking, heating, instant hot water and a BBQ outlet add a touch of modern convenience. A remote-controlled triple garage with internal access ensures secure parking, while a drive-through option offers additional space for vehicles, a caravan, boat, or trailer. Situated adjacent to parklands with a children's play area, this residence marries luxury with lifestyle, making it a truly exceptional find.
Key Features:
• A beautiful contemporary brick & tile home built in 2014
• Located in sought after Mt Pleasant Estate amongst other premier homes
• Fully landscaped, established gardens on an easy to maintain 969 (1/4 acre) block
• A fantastic floor plan (234 sqm of living space) providing flexibility for use
• Spacious lounge and family living with gas heating or reverse cycle air conditioning
• Second separate living room which could also serve as a 6th bedroom, home gym, office or studio etc
• A fabulous undercover alfresco area off the living with patio blinds for all year entertaining & enjoyment
• A stylish open plan kitchen featuring timeless stone benchtops, double oven and gas cooktop
• A huge butler's pantry with plenty of bench space for appliances, a double sink & dishwasher
• Five double bedrooms, all with built in wardrobes & one with a powder room (toilet & vanity)
• Master bedroom offers a large walk-in wardrobe & stylish ensuite
• The central main bathroom & separate toilet is conveniently located to the guest bedrooms & living
• Convenience of natural gas connection for cooking, heating, instant hot water & BBQ outlet
• Double glazing and HEG heat transfer system
• Remote controlled triple garage with internal access
• Secure drive through access to the backyard - perfect for extra vehicles, caravan, boat or trailer
• Beautiful established gardens on an easy to maintain block
• Located adjacent parklands with children's play area
• Just a 4-minute drive to shops, supermarket & services at the Kings Meadows Shopping Centre
• Close to schools, eateries and all city conveniences
• Only 7 minutes' drive to Launceston's CBD & 8 minutes to Launceston Airport
Contact Jeremy Wilkinson & Nav Kaur for further information.
Rental estimate: Up to $720 pw
House size: 234 sqm
Alfresco area: 24 sqm
Garage size: 72 sqm
Land size: 969 sqm
Built: 2014
Council: Launceston
Zoning: Low Density Residential
Council Rates: $2,500 pa
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
Listing description written by Jeremy Wilkinson, Harcourts Launceston — reproduced as published, not verified by Districts.