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
$835,000
Last sold
17 July 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
824 m²
Land
190 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
$835,000
17 July 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
+24.4%
Median sale
Suburb $671,000
-0.81 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 LauncestonTucked away on the peaceful Lakeside Drive, this modern family home beautifully blends contemporary design with roomy, comfortable living. It's in the perfect spot-close to schools, shopping centres, and the lively Launceston CBD-offering a tranquil escape in a highly desirable neighbourhood.
The house is equipped with double-glazed windows and ducted heating, ensuring a cozy and welcoming atmosphere all year round. The open-plan living space seamlessly connects to a covered outdoor entertaining area, perfect for family gatherings.
The highlight of the home is the gourmet kitchen, featuring top-notch appliances, plenty of storage, and a fantastic butler's pantry. There are four spacious, sunlit bedrooms, each with built-in wardrobes, and the master bedroom comes with its own ensuite and walk-in robe. The flexible layout is ideal for a growing family.
Another standout feature is the spacious second living room and the owners attention to prioritise generous proportions throughout the design process, a feature often missing in modern builds. Additionally, the home offers ample storage space, with a large storage area in the living room, another in the hallway, and an oversized garage providing even more options.
With a secure double-car garage, parking is both ample and safe. The fully fenced yard boasts low-maintenance gardens and convenient side access on both sides of the home, offering a storage solution for a car, trailer, small boat and camper.
This home offers exceptional family comfort, with ducted heating and cooling, full insulation, and a secure yard perfect for kids and pets. Surrounded by other quality homes, it's an opportunity not to be missed for anyone looking for a superior living experience!
Year built:2016
Rental estimate: $700 p/w
House size: 190m2
Land size: 823m2
Council rates: $2300 P/A approx
Water rates: $1200 P/A approx
Listing description written by Michael Dearsley, Harrison Agents Launceston — reproduced as published, not verified by Districts.