Kings Meadows vs Prospect

Kings Meadows is the younger of the two, with a median age of 38 against 43 in Prospect. In both, most households own their home and most homes are detached houses. In Prospect, about half of households are people living alone.

Which one suits you?

There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.

Families with school-age kids

Kings Meadows

ahead on 2 of the 5 things we measure here

  • has more parks and reserves (8 vs 2)
  • has more separate houses rather than flats (84% vs 72%)
  • But Prospect has more schools inside the suburb (3 vs 1)

Weighs schools, house stock, parks, childcare, and who already lives there.

First-home buyers

Too close to call

Nothing among the 3 things we measure here separates them by enough to be worth acting on.

Weighs house prices, unit prices, and mortgage stress.

Renters

Too close to call

Nothing among the 3 things we measure here separates them by enough to be worth acting on.

Weighs rent, rental stress, and how much is for rent.

Commuting to the city

Kings Meadows

ahead on 3 of the 3 things we measure here

  • is more walkable (83/100 vs 30/100)
  • has a shorter drive in (137 min vs 150 min)
  • sits closer to the CBD (197.2 km vs 203.2 km)

Weighs distance, drive time, and walkability.

Downsizers and retirees

They split

one each way, out of the 4 things we measure here

  • Kings Meadows is more walkable (83/100 vs 30/100)
  • Prospect has more units and townhouses to downsize into (28% vs 16%)

Weighs smaller dwellings, who already lives there, GPs, and walkability.

Investors

Kings Meadows

ahead on 2 of the 2 things we measure here

  • is growing faster (18.8% vs 10.8%)
  • returns a higher gross yield on houses (4.7% vs 4.2%)

Weighs house yield and population growth.

Where they sit

Kings Meadows and Prospect drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.

Kings Meadows Prospect
Hides rows where both suburbs match

Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.

Side by side, out of 100

Risks are inverted — shown as safety and low exposure — so a longer bar always means better.

Kings Meadows Prospect
Walkability 83 / 30
Kings Meadows — Walkability: 83/100 Prospect — Walkability: 30/100
Low fire risk 75 / 80
Kings Meadows — Low fire risk: 75/100 Prospect — Low fire risk: 80/100

Demographics

Kings Meadows has more residents (4,359 vs 1,908); Prospect skews older (43 vs 38).

Kings Meadows Prospect
Population 4,359
+56% vs other
 1,908
Population trend (2016 → 2021) +18.8% +10.8%
Median age 38 43
Median household income $67,912/yr
+6% vs other
 $64,116/yr
Median weekly rent $312/wk
+7% vs other
 $290/wk

Age profile

Share of residents in each band, 2021 Census.

Kings Meadows Prospect
0-4 5.5% / 5.6%
Kings Meadows — 0-4: 5.5% Prospect — 0-4: 5.6%
5-14 13.0% / 9.5%
Kings Meadows — 5-14: 13.0% Prospect — 5-14: 9.5%
15-19 5.0% / 6.2%
Kings Meadows — 15-19: 5.0% Prospect — 15-19: 6.2%
20-24 6.5% / 5.6%
Kings Meadows — 20-24: 6.5% Prospect — 20-24: 5.6%
25-34 15.6% / 14.2%
Kings Meadows — 25-34: 15.6% Prospect — 25-34: 14.2%
35-44 12.9% / 11.5%
Kings Meadows — 35-44: 12.9% Prospect — 35-44: 11.5%
45-54 11.1% / 12.8%
Kings Meadows — 45-54: 11.1% Prospect — 45-54: 12.8%
55-64 10.3% / 12.0%
Kings Meadows — 55-64: 10.3% Prospect — 55-64: 12.0%
65-74 8.9% / 12.8%
Kings Meadows — 65-74: 8.9% Prospect — 65-74: 12.8%
75-84 6.9% / 7.1%
Kings Meadows — 75-84: 6.9% Prospect — 75-84: 7.1%
85+ 4.3% / 3.0%
Kings Meadows — 85+: 4.3% Prospect — 85+: 3.0%

Bars are drawn against the largest share shown (15.6%).

Who lives together

Household composition, 2021 Census.

Kings Meadows 42.1% lone person
Kings Meadows — Lone Person: 42.1% Kings Meadows — Couple Families: 32.6% Kings Meadows — One Parent Families: 19.1% Kings Meadows — Group Household: 4.7% Kings Meadows — Other Families: 1.5%
Prospect 49.2% lone person
Prospect — Lone Person: 49.2% Prospect — Couple Families: 30.4% Prospect — One Parent Families: 16.5% Prospect — Group Household: 3.9% Prospect — Other Families: 0.0%
Lone Person Couple Families One Parent Families Group Household Other Families

Who owns and who rents

Occupied private dwellings by tenure, 2021 Census.

Kings Meadows 34.5% renting
Kings Meadows — Owned Outright: 30.7% Kings Meadows — Mortgage: 34.8% Kings Meadows — Renting: 34.5%
Prospect 31.2% renting
Prospect — Owned Outright: 34.3% Prospect — Mortgage: 34.5% Prospect — Renting: 31.2%
Owned outright Mortgage Renting

Qualifications

Highest non-school qualification, residents 15+, 2021 Census.

Kings Meadows Prospect
Certificate III & IV 16.2% / 17.3%
Kings Meadows — Certificate III & IV: 16.2% Prospect — Certificate III & IV: 17.3%
Bachelor Degree 11.2% / 9.7%
Kings Meadows — Bachelor Degree: 11.2% Prospect — Bachelor Degree: 9.7%
Advanced Diploma / Diploma 6.4% / 6.4%
Kings Meadows — Advanced Diploma / Diploma: 6.4% Prospect — Advanced Diploma / Diploma: 6.4%
Postgraduate Degree 3.6% / 2.9%
Kings Meadows — Postgraduate Degree: 3.6% Prospect — Postgraduate Degree: 2.9%
Graduate Diploma / Certificate 1.3% / 1.4%
Kings Meadows — Graduate Diploma / Certificate: 1.3% Prospect — Graduate Diploma / Certificate: 1.4%

Bars are drawn against the largest share shown (17.3%).

Where residents were born

Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.

Kings Meadows Prospect
England 2.6% / 2.0%
Kings Meadows — England: 2.6% Prospect — England: 2.0%
India 1.8% / 1.9%
Kings Meadows — India: 1.8% Prospect — India: 1.9%
Nepal 1.4% / 1.4%
Kings Meadows — Nepal: 1.4% Prospect — Nepal: 1.4%
China 0.7% / 1.2%
Kings Meadows — China: 0.7% Prospect — China: 1.2%
New Zealand 0.8% / 0.5%
Kings Meadows — New Zealand: 0.8% Prospect — New Zealand: 0.5%
Philippines — / 1.0%
Kings Meadows — Philippines: not among its largest Prospect — Philippines: 1.0%
Iran 0.8% / —
Kings Meadows — Iran: 0.8% Prospect — Iran: not among its largest

Bars are drawn against the largest share shown (2.6%).

What people live in

Occupied private dwellings by structure, 2021 Census.

Kings Meadows 83.8% houses
Kings Meadows — Houses: 83.8% Kings Meadows — Flats / Apartments: 10.9% Kings Meadows — Townhouses: 5.2%
Prospect 72.0% houses
Prospect — Houses: 72.0% Prospect — Flats / Apartments: 23.3% Prospect — Townhouses: 4.7%
Houses Flats / Apartments Townhouses

Property market

Kings Meadows Prospect
Median house price $620,000 $642,500
Median unit price $506,000 $550,000
Median land price —
same for both
Typical days to sell (houses) 14 days
from 37 sales
 22 days
from 17 sales

House price by bedroom count

Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.

Kings Meadows Prospect
2 bed $520K / $514K
Kings Meadows — 2 bed: $520K (23 sales) Prospect — 2 bed: $514K (8 sales)

23 vs 8 sales

3 bed $618K / $615K
Kings Meadows — 3 bed: $618K (60 sales) Prospect — 3 bed: $615K (31 sales)

60 vs 31 sales

4 bed $745K / $765K
Kings Meadows — 4 bed: $745K (20 sales) Prospect — 4 bed: $765K (17 sales)

20 vs 17 sales

Zoning mix

Prospect has more rural and farming land (51% vs 1%); Prospect has more land zoned for conservation (15% vs 0%).

Kings Meadows Prospect
Rural and farming 1% 51%
Residential 45% 15%
Infrastructure and transport 18% 12%
Parks and recreation 17% 5%
Environmental 0% 15%
Industrial 11% 0%
Commercial 4% 2%
Other and special use 4% 1%
Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it. Zones as at 2026-09.

Development activity

Kings Meadows Prospect
New dwellings approved 208
across Launceston
same for both
Approvals change year on year -29%
same for both

Gross rental yield

Gross — before strata, rates, management, insurance and vacancy. From median advertised rents and median asking prices over the last 6 months. How we calculate.

Kings Meadows Prospect
Houses 4.7%
$585/wk on $645K
 4.2%
$600/wk on $745K
Units —
same for both

Ranking within TAS

Kings Meadows Prospect
House price —
same for both
Income Higher than 49% of TAS Higher than 43% of TAS
Schools — Higher than 92% of TAS
Walkability Higher than 99% of TAS Higher than 88% of TAS
Affordability —
same for both
EV adoption Higher than 66% of TAS Higher than 72% of TAS
NBN connectivity Higher than 93% of TAS Higher than 96% of TAS
Rental yield (houses) Higher than 79% of TAS Higher than 50% of TAS

Liveability

Kings Meadows is more walkable (83 vs 30); Prospect scores higher overall (67 vs 59).

Kings Meadows Prospect
Grade B A
Score 59/100 67/100
Socio-economic band below-average income
decile 3/10
 mid-range socio-economic
decile 4/10

Risk profile

Kings Meadows Prospect
Bushfire Low
25/100
 Low
20/100
Crime Not mapped
no mapped data here
same for both
Flood Not mapped
no mapped data here
same for both
Coastal erosion None
0/100
same for both
Aircraft noise None
0/100
same for both
Industrial facilities nearby 4
within 5 km
 3
within 5 km

Schools

Kings Meadows Prospect
Inside the suburb 1 3
Rated above peers 1 2
Rated at peers 0
same for both
Rated below peers 0
same for both
Universities within 10 km 1
Launceston, 4.4 km
 1
Launceston, 5.7 km
Full-time students aged 15–24 1.0% 1.2%

Schools in Kings Meadows

  • Kings Meadows High School Government · Secondary above peers

Schools in Prospect

  • Prospect High School Government · Secondary above peers
  • St Patrick's College Catholic · Secondary above peers
  • St Patrick’s College - Croagh Patrick Centre Catholic · Secondary

Amenities in the suburb

Kings Meadows Prospect
Supermarkets 2
same for both
Cafes & restaurants 6 2
Parks & reserves 8 2
GPs 2 1
Pharmacies 3 1
Banks & Bank@Post 5 1
Fuel stations 3 0
EV chargers 1 0
Waterways 5 1

Mobility

Prospect sits further from the CBD (203.2 km vs 197.2 km).

Kings Meadows Prospect
Walkability score 83/100 30/100
Distance to Hobart 197.2 km 203.2 km
+3% vs other
Drive time (normal traffic) 137 min 150 min
Public transport score 92/100
Bus
 76/100
Bus
Peak arrivals per hour 62.0
7-9am + 5-7pm
 40.0
7-9am + 5-7pm
Median peak wait 1 min
scheduled, not actual
same for both
Electric vehicle share 0.6%
postcode 7249
 0.8%
postcode 7250
Rooftop solar per 100 dwellings 21
postcode 7249
 25
postcode 7250

How people get to work

Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.

Kings Meadows Prospect
Car (driver) 81.7% / 82.1%
Kings Meadows — Car (driver): 81.7% Prospect — Car (driver): 82.1%
Worked from Home 6.0% / 8.7%
Kings Meadows — Worked from Home: 6.0% Prospect — Worked from Home: 8.7%
Car (passenger) 6.7% / 6.0%
Kings Meadows — Car (passenger): 6.7% Prospect — Car (passenger): 6.0%
Walked Only 3.3% / 0.9%
Kings Meadows — Walked Only: 3.3% Prospect — Walked Only: 0.9%
Bus 1.9% / 1.4%
Kings Meadows — Bus: 1.9% Prospect — Bus: 1.4%

Bars are drawn against the largest share shown (82.1%).

Setting

Kings Meadows Prospect
Elevation 67 m
above sea level, at the suburb centre
 116 m
above sea level, at the suburb centre
Distance to the ocean 48.0 km
5.0 km to a named beach
 48.4 km

NBN connectivity

Kings Meadows Prospect
Connectivity score 98/100 100/100
Most common technology Fibre to the premises
same for both
Full-fibre (FTTP) share 96%
2,516 premises
 100%
1,024 premises

Climate

Kings Meadows Prospect
Annual rainfall 676 mm
same for both
Summer max (Jan) 24.5°C
same for both
Winter min (Jul) 3.1°C
same for both

Council rates

Kings Meadows Prospect
Average residential rate $2,075/yr
same for both
Council Launceston
same for both

Federal electorate

Kings Meadows Prospect
Division Bass
same for both
Member Jess Teesdale
same for both
Party Australian Labor Party
same for both

First Home Owner Grant

Kings Meadows Prospect
Grant amount $20,000
same for both
Property price cap —
same for both
Eligibility New
same for both

Tags

Kings Meadows

Easy Commute Parks River Transport Hub

Prospect

Quiet

More comparisons

Other comparisons with Kings Meadows

Kings Meadows vs South Launceston Kings Meadows vs Youngtown Kings Meadows vs Norwood Kings Meadows vs Punchbowl

Other comparisons with Prospect

Prospect vs Prospect Vale Prospect vs South Launceston Prospect vs West Launceston Prospect vs Youngtown Prospect vs Longford Prospect vs Summerhill
Full data on Kings Meadows Full data on Prospect
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Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.

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