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 › Lakeside Dr
$970,000
Last sold
3 July 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
634 m²
Land
253 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
$970,000
3 July 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
+44.6%
Median sale
Suburb $671,000
-1.28 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 PropertyBeautifully positioned in the well-established Mount Pleasant Estate, 43 Lakeside Drive is an impressive family residence that delivers both style and functionality in equal measure. Surrounded by other quality modern homes in a peaceful, family-friendly environment, the property boasts exceptional street appeal with its contemporary façade and well-maintained presentation, setting the tone for the spacious and thoughtfully designed home that lies within.
Built with comfort and practicality in mind, the home features a well-considered floor plan complemented by soaring 2.7-metre ceilings, which enhance the feeling of space and light throughout. At its heart is an expansive open-plan living and dining area that seamlessly blends indoor and outdoor living, offering the ideal setting for family life and entertaining. The stylish kitchen is a standout, complete with modern appliances, stone benchtops, a large island bench, and a walk-in butler's pantry offering abundant storage and workspace-perfect for home cooks and busy households. Off the main living space is a separate media room, which provides further versatility and could easily serve as a home office, guest bedroom, or additional lounge, depending on your lifestyle needs.
Flowing effortlessly from the main living zone through large sliding doors is a covered alfresco entertaining area, ideal for year-round enjoyment. Whether hosting guests or relaxing with family, this outdoor space is designed for low-maintenance, practical use.
Accommodation is well zoned to suit modern family needs. The master suite is privately positioned at the front of the home and features a spacious walk-in robe and a stylish ensuite. A separate children's wing includes three additional bedrooms, all with built-in robes, a central bathroom with separate bath and shower, and a second living area that serves perfectly as a kids' retreat, media room, or play space. This clever layout ensures flexibility and privacy for every member of the household.
Adding further convenience is a separate laundry with direct external access, making day-to-day tasks easy and efficient. The home is fitted with ducted heating and cooling throughout, ensuring comfort across all seasons, while a solar panel system contributes to energy efficiency and reduced running costs.
Outside, the home offers a low-maintenance, easy-care yard-perfect for busy families or those seeking a lock-up-and-leave lifestyle. A double garage with internal access and built-in storage completes the package, offering secure parking and additional space for tools or equipment.
Situated in a quiet and desirable part of Kings Meadows, within easy reach of schools, shops, parks and transport links, 43 Lakeside Drive is a quality offering in a tightly held residential enclave. With its generous proportions, family-friendly layout and modern features, this home represents an exceptional opportunity for those seeking comfort, style and long-term convenience.
- Modern family home;
- Large kitchen with butler's pantry;
- Open plan living plus media room;
- Separate children's wing;
- Undercover alfresco area;
- Solar panels.
Year Built: 2018
House Size: 253m2
Land Size: 634m2
Council Rates: $3,170pa approx
Water Rates: $1,382pa approx
Municipality: Launceston City Council
School Catchments: Youngtown Primary, Queechy & Kings Meadows 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.