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TAS › Kings Meadows › Gibson St

68 Gibson St, Kings Meadows TAS 7249

House

$749,500

Last sold

3 Feb 2026

5

Bedrooms

2

Bathrooms

3

Car spaces

711 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $749,500 (3 Feb 2026).(Recorded sale)
  • FactLand 711 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Kings Meadows (last 5 years) with land size: median $870/m² of land (n=99). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$749,500

3 Feb 2026 · 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.

See the full Kings Meadows report →

Vs Kings Meadows

+11.7%

Median sale

Suburb $671,000

-0.43 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$749,5003 Feb 2026
  2. Listedprice unknowncompleted28 Jan 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Kings Meadows in one glance

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.

See the full Kings Meadows report →

Keep researching

  • Why Kings Meadows? Read the area thesis →
  • What else is on the market in Kings Meadows →
  • Other records on Gibson St →

Listing material

Listed by Harrison Agents Launceston

Potential 6th bedroom with a private, self-contained unit on the lower level!

This solid brick home has been lovingly cared for and offers space, flexibility and a peaceful setting that's becoming increasingly hard to find.

Step inside and you're welcomed by a generous living area, where elevated mountain views create a beautiful sense of openness and calm. For those who appreciate the warmth and character of timber finishes, the kitchen, bathrooms and built-in robes all feature rich timber accents that add texture and a sense of warmth throughout the home. From the living area, the home flows seamlessly into a large dining and kitchen zone that is bright, airy and neat as a pin, a functional space that has clearly been well looked after. Comfort is assured year-round with gas ducted heating, while mains gas instantaneous hot water adds efficiency and convenience.

Sliding doors lead out to a covered outdoor area, ideal for year-round use, overlooking well-manicured gardens that provide a private and tranquil backdrop.

Read the full description

The upper level accommodates four well-proportioned bedrooms, including a spacious main with a walk-in robe, along with a central bathroom and separate toilet, perfectly suited to family living.

Downstairs is where the home really shines in terms of flexibility, featuring a fully self-contained unit. This level includes its own living area, kitchenette, bedroom and bathroom, plus an additional study that could easily function as a sixth bedroom. Ideal for extended family, guests, teenagers or those seeking genuine dual-living potential.

Completing the package is an oversized garage with ample room for vehicles, storage or workshop use. The fully fenced rear yard is spacious yet low maintenance, immaculately kept and enjoys a peaceful outlook, backing onto local vineyards and open green surrounds, a rare and highly appealing feature.

Positioned in a quiet pocket while still just minutes from the Kings Meadows Shopping Precinct, cafes and schools, and only a short drive to the Launceston CBD, this is a location that continues to grow in popularity.

A quality home with solid bones, multiple living options and a peaceful lifestyle on offer, ready for its next chapter.

The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.

Listing description written by Michael Dearsley, Harrison Agents Launceston — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.