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 › Ryton St
$540,000
Last sold
23 June 2025
2
Bedrooms
1
Bathrooms
4
Car spaces
610 m²
Land
112 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
$540,000
23 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Kings Meadows (last 5 years) with land size have a median of $870/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
-19.5%
Median sale
Suburb $671,000
+1.01 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 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 Harrison Agents LauncestonBrimming with warmth and character, this delightful 1957 built home presents the perfect opportunity for first home buyers, downsizers or savvy investors looking to secure a well maintained property in a highly sought after location.
The home has been tastefully updated while retaining some of its original charm. Inside, you'll find two comfortable, carpeted bedrooms, both with built in robes offering practical storage. The bathroom has been refreshed with modern finishes and includes a shower, toilet and sleek single vanity.
The living room offers a warm and inviting atmosphere, perfect for unwinding at the end of the day or gathering with friends. A beautiful original fireplace mantel serves as a striking focal point, adding charm and a sense of history to the space, whilst a reverse cycle air conditioner ensures comfort throughout the seasons. This leads seamlessly into the kitchen and dining zone, which is bathed in natural light. The kitchen has been updated with functionality in mind and features ample cabinetry, an electric cooktop, oven, rangehood and dishwasher, making meal preparation a breeze.
A separate laundry adds to the overall practicality of the layout, offering generous room for storage or utility needs.
Outside, the property continues to impress. The vendors have created a fully fenced, low maintenance outdoor space that’s both functional and inviting. A recently installed deck provides the perfect place to entertain guests, enjoy a summer barbecue or simply relax in the sunshine.
The landscaped backyard includes a fenced veggie garden for homegrown produce, while the large powered shed offers excellent space for secure vehicle parking, a workshop or extra storage. Ideal for trades, hobbyists or anyone needing that bit of extra room.
Set in a quiet, family friendly street, the location is hard to beat. You’re just minutes from the vibrant Kings Meadows precinct, where you'll find everything from supermarkets and pharmacies to gyms, cafés, entertainment and your favourite takeaway options. Local Primary and High Schools are close by and Launceston’s CBD is only a 10 minute drive away, convenient for work, study or leisure.
Combining comfort, character and everyday convenience, this is a home that ticks all the boxes and is ready for its next chapter.
Listing description written by Josh Schaeche, Harrison Agents Launceston — reproduced as published, not verified by Districts.