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 › Merrington Ln
$600,000
Last sold
5 May 2025
3
Bedrooms
2
Bathrooms
7
Car spaces
893 m²
Land
161 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
$600,000
5 May 2025 · 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
-10.6%
Median sale
Suburb $671,000
+0.50 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 Harcourts LauncestonThis 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, ornate timber fretwork and polished floorboards all set against neutral tones. The open kitchen dining and living areas feature a beautiful leadlight bay window while the kitchen itself boasts ample storage, a large electric oven, 5-burner gas hotplates and a dishwasher. Three double bedrooms include built-in storage and one has a cosy wood heater. The main bathroom has a deep bath and a rainfall double-head shower with a separate toilet for convenience. An extra-large laundry offers a second shower, another toilet and plenty of storage.
Outside, the secure fully fenced 893 sqm block features established gardens with a variety of fruit trees, a solar remote-controlled gate, a double garage, a carport and ample off-street parking. Located just 500m from the Kings Meadows supermarket 6 minutes from Launceston's CBD and 12 minutes from the airport, this home balances charm, comfort and convenience.
Key Features:
• A charming character circa 1925 three-bedroom home
• Gorgeous gardens, private and serene with nooks to enjoy your morning tea
• Fabulous fully enclosed spacious patio to enjoy all year round - adding extra living space
• Fully renovated inside whilst retaining its heritage features of high ceilings, lead light windows & doors and ornate timber fret work in the hallway
• Open and spacious kitchen/dining/living areas featuring a lovely leadlight bay window
• Kitchen offers plenty of storage, new large electric oven, gas hotplates (5 burner) and dishwasher
• Three double bedrooms, two with built in storage, one with a wood heater
• Main bathroom features a deep bath and rainfall (double head) shower
• Convenience of a separate toilet
• Separate extra-large laundry offers a second shower, toilet & loads of storage
• Polished floorboards and neutral tones throughout
• Reverse cycle air conditioning
• Mains gas ducted heating
• Flat, easy care 893 sqm block, secure and fully fenced
• Solar remote-controlled gate
• Established gardens with a wide variety of fruit trees to enjoy
• Secure lock-up double garage, carport & plenty of off-street parking
• Close to schools, shops, supermarkets & services in Kings Meadows
• Just an 500m easy walk to Kings Meadows supermarket
• 6 Minutes to Launceston's CBD and only 12 minutes to Launceston Airport
Contact Jeremy Wilkinson for your inspection.
Rental estimate: Up to $600 pw
House size: 116 sqm
Indoor/outdoor room size: 45 sqm
Garage size: 30 sqm
Land size: 893 sqm
Built: 1925
Council: Launceston
Council rates: $1,871 pa
Council Zoning: General Residential
**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.