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
$920,000
Last sold
20 Oct 2023
4
Bedrooms
2
Bathrooms
7
Car spaces
1,546 m²
Land
257 m²
Building
Districts View
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
$920,000
20 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Kings Meadows (last 5 years) with land size have a median of $874/m² of land (n=99). 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.
Vs Kings Meadows
+37.1%
Median sale
Suburb $671,000
-1.12 pp
Gross yield
Suburb 4.15%
Suburb median $671,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Launceston Local Provisions Schedule
Zone
Low Density Residential
120.10
Jurisdiction
Launceston
Launceston, TAS
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
TASZoned Low Density Residential · 120.10 (Launceston Local Provisions Schedule). Official parcel area about 1,547 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · 120.10 (Launceston Local Provisions Schedule). Official parcel area about 1,547 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 1,547 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 LauncestonNestled among other quality residences in a sought-after area, this property offers not only attractive aesthetics and privacy but also a host of modern comforts. With tranquil views of the reserve land just opposite and spacious living areas, including a separate lounge, family room and a stunning outdoor space, this home is a haven for those seeking both serenity and style.
Discover the convenience of a tastefully updated and well-appointed kitchen, luxurious bathrooms and thoughtful amenities, all wrapped in a neutral, earthy palette. Embrace the lifestyle you've been searching for, just minutes away from Launceston's CBD and the airport, while enjoying the ease of city living close to schools, shops and supermarkets. This is your chance to make this beautifully appointed property your forever home.
Key features:
• An appealing 2011 north-facing brick home in a popular area surrounded by other quality homes.
• Enjoy serene views from your large 1546 sqm block, overlooking the opposite reserve land.
• Ample living spaces with a separate lounge, family room and spectacular outdoor area.
• Alfresco area under the roof line, complete with patio blinds for year-round enjoyment.
• Tastefully updated kitchen, boasting stone benchtops, a dishwasher and a natural gas cooktop.
• A cohesive design throughout with quality fixtures, fittings & a modern palette of neutral earthy tones.
• Four generously sized bedrooms, each equipped with ample built-in storage.
• Master bedroom is bathed in sunlight & features a floating vanity & a luxurious rainfall shower.
• Main bathroom features a bath, floating vanity and another rainfall shower.
• Convenience is key with a separate toilet.
• Enhanced comfort with reverse cycle air conditioning for climate control.
• Choice of wood heating for that extra cosiness in winter.
• Security system (NESS) and CCTV Eufy cameras included.
• Beautiful established gardens are fully landscaped with minimal upkeep required.
• Triple remote-controlled garage, extra workshop space/storage, garden shed & woodshed.
• Fully fenced backyard, providing a safe environment for children and pets to play.
• Extra parking space to accommodate a caravan & boat, or truck/van for trades people.
• Plenty of space for a large shed (STCA)
• Close to Kings Meadows High School, shops, supermarkets & all city conveniences.
• Just a 9 minute drive to Launceston's CBD & 10 minutes to Launceston Airport.
Contact Jeremy Wilkinson & Nav Kaur for further information.
Rental estimate: Up to $780 pw
House size: 187 sqm
Garage size: 70 sqm
Alfresco size: 27 sqm
Land size: 1546 sqm
Built: 2011
Council rates: $2,600 pa approx
Council: Launceston
Council Zoning: Low Density Residential
Heritage listed: No
**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.