OFF MARKET

5 Southgate Drive
Kings Meadows TAS 7249

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 209m2
Land area: 1225m2
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Property Details for 5 Southgate Dr, Kings Meadows

5 Southgate Dr, Kings Meadows is a 4 bedroom, 2 bathroom House and was built in 2024. The property has a land size of 1225m2 and floor size of 209m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
2024
Floor Size
209m2
Land Size
1225m2
Local Government
Launceston
Lot/Plan
2/143046

Last Listing description (July 2023)

One of the last vacant blocks available on Southgate Drive, Mt Pleasant Estate, King Meadows.

With very few building opportunities left in the area, this large block (1225m2) provides the chance to build your dream home in a convenient, sought-after location.

With close proximity to the Kings Meadows Shopping Precinct, local schools, and just 10 minutes to Launceston and the Launceston Airport, this location offers something for everyone.

Amazing eastern views, overlooking the suburb of Kings Meadows and as far as Mt Barrow. Well established trees provide both privacy and an element of green space.

Don't miss out on this rare opportunity!

Property History for 5 Southgate Dr, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$240,000
01 Jul 2023
  • 01 Jul 2023
    Sold for $240,000
  • 09 Aug 2021
    Sold for $225,000
  • 05 Jun 2019
    Listed for Sale Best offer over $199,000
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About Kings Meadows 7249

The size of Kings Meadows is approximately 5 square kilometres. It has 8 parks covering nearly 20.2% of total area. The population of Kings Meadows in 2011 was 3,371 people. By 2016 the population was 3,684 showing a population growth of 9.3% in the area during that time. The predominant age group in Kings Meadows is 20-29 years. Households in Kings Meadows are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kings Meadows work in a professional occupation. In 2011, 63.9% of the homes in Kings Meadows were owner-occupied compared with 64.6% in 2016.

Kings Meadows has 2,311 properties. Over the last 5 years, Houses in Kings Meadows have seen a 59.52% increase in median value, while Units have seen a 56.27% increase. As at 31 October 2024:

  • The median value for Houses in Kings Meadows is $513,988 while the median value for Units is $396,208.
  • Houses have a median rent of $470 while Units have a median rent of $450.
There are currently 25 properties listed for sale, and 2 properties listed for rent in Kings meadows on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Kings meadows.

Suburb Insights for Kings Meadows 7249

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.