TAS · 7249

Kings Meadows

Suburb profile, market snapshot and recent listings for Kings Meadows, TAS 7249.

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 price ranks #3,107 of 3,797 suburbs · pricier than 18%
Bedrooms

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.

House74%
Land13%
Apartment / Unit8%
Townhouse5%

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

Kings Meadows High School

7-12CoEdGovernment
Visit school website →

Independent & Catholic schools

OneSchool Global - Launceston Campus

Private

Recent results

Recently sold in Kings Meadows

$865k

11 Opossum Road

house5 bd · 3 ba · 2 car

Sold ~July 2026

$915k

53 Lakeside Drive

house4 bd · 2 ba · 4 car

Sold ~July 2026

$549k

44 Quarantine Road

house3 bd · 1 ba · 2 car

Sold ~July 2026

$695k

35 Harold Street

house3 bd · 1 ba · 2 car

Sold ~July 2026

$465k

2/64 Ernest Street

house2 bd · 1 ba · 2 car

Sold ~July 2026

$610k

29 McDougall Street

house3 bd · 1 ba · 2 car

Sold ~July 2026

$545k

38 Nichols Street

house2 bd · 1 ba · 2 car

Sold ~July 2026

$490k

1/10 Reid Street

house2 ba · 2 car

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

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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.

CheaperPricier
Kings MeadowsNearby 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.

Available now

Properties in Kings Meadows

View all listings →
Image 1
For Sale
$395,000
apartment

Stylish Two-Bedroom Unit Offering Comfort, Convenience & Value

7/60 Ernest Street, Kings Meadows TAS 7249
211
Parry Property2 weeks ago
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For Sale
$645,000
house

Flexible Living with Income Potential

79 Guy Street, Kings Meadows TAS 7249
424655 m²
Harcourts Launceston1 month ago
Ask AI about this property
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For Sale
$239,000
land

Cul De Sac Position with Unit Potential (STCA)

15 Avenger Avenue, Kings Meadows TAS 7249
899 m²
Harcourts Launceston3 months ago
Ask AI about this property
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For Sale
$649,000
house

Ideal Investment, First Home, or Downsizer

1/8 Harold Street, Kings Meadows TAS 7249
322404 m²
The Agency Northern Tasmania2 weeks ago
Ask AI about this property
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For Sale
$799,000
house

Expansive Dual Living Residence With a Pool and Sauna

20 Jillian Street, Kings Meadows TAS 7249
4341782 m²
WOLF PROPERTY TASMANIA1 month ago
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For Sale
$499,000
house

THIS SPACE: Charm and Convienience.

1 Pyenna Avenue, Kings Meadows TAS 7249
21175 m²
This Space Real Estate1 month ago
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For Sale
$950k–$1.05m
house

Private Urban Sanctuary | Premium Contemporary Living

3/58 Gascoyne Street, Kings Meadows TAS 7249
4241221 m²
Belle Property Launceston1 month ago
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For Sale
$275k–$305k
land

Prime Development Opportunity in sought after location

9 Nichols Street, Kings Meadows TAS 7249
665 m²
Key2 Property3 months ago
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Image 1
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For Sale
$1.45m
house

Spacious, Sophisticated and Designed to Impress

2 Bevel Court, Kings Meadows TAS 7249
4281716 m²
Harrison Agents Launceston1 month ago
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For Sale
EOI
land
StMate est. ~$300k

Launceston Golf Club - High Density Development Site

27-29 Opossum Road, Kings Meadows TAS 7249
1.07 ha
Elders Real Estate Launceston3 months ago
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Image 1
For Sale
$679,000
apartment

Sunny, Low-Maintenance Living in Kings Meadows

5/16 Quarantine Road, Kings Meadows TAS 7249
323453 m²
Harcourts Launceston3 months ago
Ask AI about this property
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NewFor Sale
$749,000
house

Privacy & Character & Elevated Living

13 Munford Street, Kings Meadows TAS 7249
3221505 m²
Harrison Agents Launceston6 days ago
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