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
$850,000
Last sold
23 Oct 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
715 m²
Land
227 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
$850,000
23 Oct 2024 · 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
+26.7%
Median sale
Suburb $671,000
-0.87 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 Sims for PropertySituated in the heart of Kings Meadows, 36 Southgate Drive presents an outstanding opportunity for families seeking a meticulously maintained home in a serene and private setting. This single-level residence, offering a highly sought-after 4-bedroom, 2-bathroom floor plan, is the epitome of comfortable and contemporary living. From the moment you step inside, the home exudes a sense of warmth and welcoming ambiance, enhanced by an abundance of natural light that floods every corner of the property.
The centrepiece of the home is the expansive open-plan living area, designed to accommodate modern family life with ease. This generously sized space is perfect for both relaxation and entertaining, with room for a large lounge, dining table, and additional furnishings. The kitchen is a standout feature, overlooking the living area and ensuring that the chef of the home is always part of the conversation. With quality appliances, including a gas cooktop, ample bench space, and a well-appointed pantry, the kitchen is not only functional but also stylish. It offers plenty of storage for all your culinary needs, making meal preparation and family gatherings a breeze.
Two of the bedrooms are situated in their own wing of the home, both featuring built-in robes and serviced by a modern bathroom featuring with a freestanding bath and a separate shower. The master bedroom is thoughtfully positioned at the front of the house, offering privacy and featuring a walk-in wardrobe and a stylish ensuite with a walk-in shower. The fourth bedroom, also situated at the front, can be used as a guest room or transformed into a second living area.
Comfort is further assured with the inclusion of a reverse-cycle air conditioning system, which is complemented by a heat transfer kit to ensure a pleasant temperature throughout the home, no matter the season. A separate laundry with direct outdoor access provides added practicality, offering ease of use and functionality.
Stepping outside, the property continues to impress. The private undercover entertaining area is perfect for year-round outdoor dining, family barbecues, or simply enjoying a morning coffee in the fresh air. The beautifully landscaped gardens are a gardener's dream, featuring an array of fruit trees, including pear, apricot, plum, and apple, which provide a generous harvest throughout the seasons. Raised vegetable beds are also a wonderful addition, perfect for those who enjoy growing their own produce. The grounds are easy to maintain while still providing a lush, green environment for everyone to enjoy and relax.
In addition to the generous outdoor space, the home includes a double garage, offering secure parking for two vehicles, plus off-street parking for additional cars.
Located in a well-established, quiet neighbourhood, 36 Southgate Drive offers the perfect balance of privacy and convenience. Families will appreciate the proximity to local amenities, including schools, parks, and shopping centres, all within easy reach. Whether you're looking for a peaceful family haven or a property that offers a low-maintenance lifestyle, this home ticks all the boxes. With its flawless presentation, superb features, and prime location, 36 Southgate Drive is an opportunity not to be missed.
- Immaculate, single-level home in a quiet, private location;
- 4 bedrooms, 2 bathrooms, ideal floor plan for families;
- Stylish kitchen with quality appliances;
- Private undercover entertaining area;
- Beautifully manicured gardens with fruit trees & raised veggie beds.
Year Built: 2013
House Size: 227sqm
Land Size: 715sqm
Council Rates: $2,706pa approx
Water Rates: $1,085pa approx
Municipality: Launceston City Council
School Catchments: Youngtown Primary, Kings Meadows & Queechy High School
Zoning: General Residential
Sims for Property 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.
Listing description written by Richard Sims, Sims for Property — reproduced as published, not verified by Districts.