Kings Meadows
Detached housing, modest incomes and service-sector work shape Kings Meadows more than apartment density. The suburb has 4,359 residents in 4.88 sq km, with 84.0% separate houses compared with 10.5% apartments. Its median age of 38 sits 2.0 years below the national benchmark, while household income is in the 31.2 percentile, below the middle nationally. Compared with central Launceston or South Launceston, Kings Meadows reads as a compact residential pocket where affordability and car access matter because density is 893.8 people per sq km.
Population
4,359
Median Age
38.0
Household IncomeiMedian weekly household income (ABS Census)
$1,306/wk
DAs (12 months)iDevelopment Applications lodged in the past year
0
Homebuyers are mainly choosing a conventional house layout: 84.0% of dwellings are separate houses, and 48.1% have 3 bedrooms. A current median house price is not available, so the clearest cost signals are the $1,365 median monthly mortgage and $312 median weekly rent. Mortgage costs take 24.1% of income, slightly higher than the 23.9% rent-to-income figure but still not flagged as stress. This suits buyers wanting space below inner-city density, though 33.8% of homes still carry a mortgage.
For Buyers
Homebuyers are mainly choosing a conventional house layout: 84.0% of dwellings are separate houses, and 48.1% have 3 bedrooms. A current median house price is not available, so the clearest cost signals are the $1,365 median monthly mortgage and $312 median weekly rent. Mortgage costs take 24.1% of income, slightly higher than the 23.9% rent-to-income figure but still not flagged as stress. This suits buyers wanting space below inner-city density, though 33.8% of homes still carry a mortgage.
For Investors
Rental demand is meaningful but not undersupplied. Renters make up 33.5% of households, close to the 33.8% with mortgages, and median rent is $312 a week. The 6.2% vacancy rate is higher than tight rental markets, so investors need pricing discipline rather than assuming scarcity. With 0 development applications over 12 months and growth driven by overseas migration, supply pressure looks moderate because new dwelling momentum is limited while renter depth remains tied to local jobs and affordability.
Demographics
Kings Meadows is younger and less migrant-heavy than the national pattern. The median age is 38, which is 2.0 years below national, while 15.2% of residents were born overseas, 6.4 percentage points below the national share. University attainment is 31.8%, 1.7 points above national, creating a slightly skilled but still broadly middle-income profile. English ancestry is the largest group at 1,967 people, with Irish at 423 and Scottish at 383, and the average household size is 2.3, below the national household norm by 0.2.
Age Distribution
Bedrooms
Dwelling Structure
84.0%
Houses
5.3%
Townhouse
10.5%
Apartment
Tenure
The housing stock is strongly detached and family-sized, with 84.0% separate houses compared with only 10.5% apartments and 5.3% semi-detached dwellings. Ownership is evenly spread: 29.8% owned outright, 33.8% mortgaged and 33.5% renting. Bedrooms point to practical affordability, because 48.1% of homes have 3 bedrooms and 25.5% have 2. Cost pressure is contained relative to income, with mortgage-to-income at 24.1% only slightly above rent-to-income at 23.9%, supporting stable turnover rather than forced churn.
Mortgage / mo
$1,365
Rent / wkiABS Census 2021 median across all dwelling types. Current market rents are typically higher.
$312
Census 2021
HH Size
2.3
Personal Income / wk
$729
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
6.2%
Unoccupied
118
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
23.9%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
24.1%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
37.1%
Couples with children
39.5%
Couples, no children
21.7%
Single parent
1,166
Total families
Economy & Employment
The local workforce leans heavily into public and service roles. Healthcare accounts for 25.2% of employed residents, well above any other listed industry, followed by Education at 11.1%, Construction at 10.2%, Retail at 6.9% and Other Services at 6.3%. Professionals are the largest occupation group at 398 people, ahead of Community and Personal Service at 296 and Trades at 294. SEIFA is mixed: IEO decile 4 sits above IER decile 2, suggesting education and occupation are stronger than household resources because unemployment is 5.7% and participation is 61.1%.
Unemployment
5.7%
Labour Force
2,174
Unemployed
123
Source: ABS Census 2021
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
58.8%
Part-time
36.2%
Participation
61.1%
Employed
2,051
Full-time and part-time are shares of the employed. Source: ABS Census 2021
Occupations
Top Industries
University
31.8%
Postgraduate
7.7%
Born Overseas
15.2%
Dwellings
1,771
Transport to Work
Daily life is car-oriented because 81.9% of commuters drive, far higher than the 1.6% using public transport and the 3.7% walking or cycling. Working from home is 6.0%, so most households still depend on physical access to Launceston jobs and services. The suburb's 4.88 sq km footprint and 893.8 people per sq km make trips relatively short, but convenience is strongest for households with reliable car access. IRSAD decile 3 sits below the state middle, so affordability is a bigger livability factor than prestige.
Drive
81.9%
Public Transport
1.6%
Walk / Cycle
3.7%
Work from Home
6.0%
Population Forecast
+1.32%/yr
(+66 people/yr)
EstablishedGrowth is steady rather than speculative. The annual trend is 1.32%, and the 10-year population change is 26.2%, with the primary driver listed as overseas migration. The shift trajectory is Mixed, which fits a suburb gaining working-age share by 2.3 points while affordability improves from 48.6 in 2011 to 42.6 in 2021. Gentrification signals are modest compared with faster inner-market change: the suburb has a gentrification score of 23 and stage of Early signs, while broader shift scoring reaches 60 and Active.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+20
Net Internal / yr
-31
Gentrification Signal
Early signs
Population +23% since 2011, Accelerating: 6% → 16%
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Kings Meadows compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Kings Meadows a good suburb to live in?
Kings Meadows can suit buyers who want a house-dominant suburb with practical access to Launceston. It has 84.0% separate houses, a median age of 38 and mortgage-to-income of 24.1%, which is only slightly higher than rent-to-income at 23.9%.
What is the median house price in Kings Meadows?
A current median house price is not available for Kings Meadows. The usable cost anchors are the $1,365 median monthly mortgage and $312 median weekly rent, with household income in the 31.2 percentile nationally.
What schools are in Kings Meadows?
There are 0 schools listed within the Kings Meadows suburb boundary. Families should compare nearby Launceston catchments and transport options, because 81.9% of commuters drive while only 1.6% use public transport.
Is Kings Meadows safe?
A suburb-level crime rate is not available for Kings Meadows, so safety should be checked through current local sources before buying. The residential profile includes 4,359 residents and 74.1% of people stayed at the same address over the mobility period.
Is Kings Meadows good for property investment?
Kings Meadows has investor depth, with 33.5% of households renting and median rent at $312 a week. The 6.2% vacancy rate is higher than tight markets, so returns depend on buying well rather than relying on scarcity alone.
How is Kings Meadows's population changing?
Kings Meadows is growing at a steady 1.32% annual trend, with 10-year population change of 26.2%. Growth is driven mainly by overseas migration, while gentrification remains at Early signs with a score of 23.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state education open registers (school locations), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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