TAS/
Kings meadows

Suburb Profile

Kings Meadows - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7249

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Property investors enjoyed capital gains of 15.31% over the last 12 months in KINGS MEADOWS, translating to lower returns compared with its peers in TAS.

Figures from the previous quarter show that capital gains for real estate buyers in KINGS MEADOWS are high, as opposed to average gains per annum over the past five years.

The suburb posted a 20.21% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.

On average, rents on listings have reached the $300 mark, reflecting a 5.52% increase in returns based on the current median price in KINGS MEADOWS.

KINGS MEADOWS, 7249 ranks 53rd in TAS in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 53rd on the list of best yielding suburbs for rental properties in TAS, posting a 5.52% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $282,500 $265,000
GROWTH REPORT
Median Quarterly 6.6% N/A
Median 12 month 15.31% 27.1%
Median 3 years 20.21% 16.23%
Median 5 years 16.74% 13.98%
10 years average annual 2.66% 4.16%
Weekly media advert. rent $300 $270
Time on Market 33.5 days 109.0 days
Gross Rental Yield Percent 5.52% 5.3%
demographics (median values)
Total Population
3429
Weekly Household Income
672.4
Household Size
2.20
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Kings Meadows, TAS
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