Kings Meadows
Suburb profile, market snapshot and recent listings for Kings Meadows, TAS 7249.
About Kings Meadows
Welcome to Kings Meadows
Kings Meadows sits on the southern fringe of Launceston, close enough to the CBD for an easy commute but with its own established identity as one of the city's larger residential suburbs. Bordered by Prospect, South Launceston, Punchbowl, Newstead and West Launceston, it's a well-connected pocket of northern Tasmania that has long served as a practical, family-friendly base for Launceston workers and retirees alike.
With a population of 4,359 and a median age of 38, Kings Meadows skews towards established households and families rather than young professionals, though its mix of housing and services makes it workable for almost anyone wanting suburban convenience without inner-city prices. It's the kind of place people move to and stay in, rather than pass through.
Lifestyle & dining
Kings Meadows is built around everyday convenience rather than a single glamorous strip, and that's part of its appeal. The suburb's shopping and dining options are geared towards practical needs — cafes, takeaway, and family-friendly eateries that serve the local community rather than draw crowds from across the city. For a bigger night out or a wider spread of restaurants and bars, Launceston's CBD is a short drive north, making Kings Meadows a comfortable base for those who want quiet suburban living with the city's offerings still close at hand.
Shopping
The Kings Meadows Shopping Centre and surrounding retail strip anchor day-to-day shopping needs, covering groceries, specialty stores and services without requiring a trip into town. It's a setup that suits busy families and older residents who want errands done close to home, while Launceston's larger retail precincts remain only minutes away for bigger shopping trips.
Getting around
Kings Meadows' location just south of the Launceston CBD is one of its strongest selling points. Main arterial roads connect the suburb quickly to the city centre and to neighbouring Prospect, South Launceston and Punchbowl, making car commutes short and straightforward. Bus services link the suburb to central Launceston and surrounding areas, giving residents without a car reasonable access to work, shopping and schools.
Schools & families
Families are well catered for locally, with Kings Meadows High School serving secondary students within the suburb itself, and OneSchool Global's Launceston Campus also based in the area. Combined with the broader spread of schools across neighbouring Prospect, South Launceston and Newstead, families have a solid range of options without needing to travel far, which helps explain the suburb's appeal to households putting down roots.
The property market
Kings Meadows offers relatively accessible entry into the Launceston property market, with a median house price of $603,000 following strong recent growth of 14.0%. That kind of movement points to solid buyer demand for a suburb that offers space and value close to the city. Renters can expect a median asking rent of $540 per week, reflecting steady interest from tenants wanting proximity to Launceston without inner-suburb pricing.
Current listings show the market is dominated by houses, which make up 74% of stock, with land making up a further 13% — a sign there's still room for new builds and subdivision in parts of the suburb. Apartments and units account for 8% of listings and townhouses 5%, giving buyers and investors a small but useful spread of options beyond the standard house-and-land package.
Market snapshot
Kings Meadows property market
Median sale price
$603k
House · 3 bed
Median rent
$540
per week
Gross rental yield
4.7%
annual rent ÷ sale price
Typical price range
Entry
$471k
Median
$603k
Premium
$863k
Days on market
10
Auction clearance
0%
Sold this year
52
Median sold price trend · House 3 bed
Compound growth +2.6% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Kings Meadows by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Kings Meadows, TAS 7249.
Population
4,359
residents (2021)
Median age
38
years
Household income
$1,306
median, per week
Median rent
$312
per week
Median mortgage
$1,365
per month
Mortgage / income
24%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Kings Meadows
Government school catchment
Independent & Catholic schools
OneSchool Global - Launceston Campus
Recent results
Recently sold in Kings Meadows
$865k
11 Opossum Road
Sold ~July 2026
$915k
53 Lakeside Drive
Sold ~July 2026
$549k
44 Quarantine Road
Sold ~July 2026
$695k
35 Harold Street
Sold ~July 2026
$465k
2/64 Ernest Street
Sold ~July 2026
$610k
29 McDougall Street
Sold ~July 2026
$545k
38 Nichols Street
Sold ~July 2026
$490k
1/10 Reid Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Kings Meadows
Compare the area
Price map around Kings Meadows
Every listing for sale near Kings Meadows, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Kings Meadows suburb FAQ
What is the median property price in Kings Meadows?
The median house price in Kings Meadows, TAS is $603k for a 3-bedroom home. Over the past year, median sold prices have risen about 14.0%.
How much is rent in Kings Meadows?
The median weekly rent in Kings Meadows is around $540 per week.
Is Kings Meadows a good place to live?
Kings Meadows is a residential locality in the local government area (LGA) of Launceston in the Launceston LGA region of Tasmania. Kings Meadows is an established residential suburb in TAS, with a population of around 4,359 and 2 schools in the area.
What is the population of Kings Meadows?
Kings Meadows has a population of 4,359 (ABS 2021 Census), with a median age of 38.
What schools are in Kings Meadows?
There are 2 schools in or near Kings Meadows, including OneSchool Global - Launceston Campus and Kings Meadows High School.
How long do homes take to sell in Kings Meadows?
Properties in Kings Meadows take around 10 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Kings Meadows?
Entry-level properties in Kings Meadows start around $471k, while premium homes reach $863k.
What suburbs are near Kings Meadows?
Suburbs near Kings Meadows include Prospect, West Launceston, South Launceston, Punchbowl and Newstead.
Fresh to market
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