FOR SALE
Best Offer Over $259k

7/60 Ernest Street
Kings Meadows TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 96m2
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Low-Maintenance Living or Investment

Welcome to Unit 7 of 60 Ernest Street, Kings Meadows - a perfect opportunity for investors, first-time buyers, or anyone seeking low-maintenance living. This well-presented two-bedroom unit features a combined living and dining area, flowing seamlessly into the open-plan kitchen. The main bedroom offers the convenience of a built-in robe, while the second bedroom - with sliding door access to the rear - can easily double as a home office.
The bathroom combines practicality with a laundry area, offering a shower over the bath, a toilet, a vanity, and a laundry wash tub. Located in a neat and tidy co-joined unit complex, this property boasts updated flooring throughout, neutral paint tones, and offers sweeping views over the Kings Meadows and Launceston region towards the mountains. Additional features include linen storage, a single allocated carport with extra storage at the front, and easy access to the Kings Meadows shopping precinct and public transport. Don't miss out on this great investment or hassle-free living option!
Rental Appraisal approx: $370 - $400 p/wk.
Disclaimer - We have in preparing this document used our best endeavours to ensure the information is true & accurate.

Property Details for 7/60 Ernest St, Kings Meadows

7/60 Ernest St, Kings Meadows is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 96m2 and floor size of 67m2. The place is currently for sale with Parry Real Estate Pty Ltd - PROSPECT.

Building Type
Unit
Floor Size
67m2
Land Size
96m2

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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 2,326 properties. Over the last 5 years, Houses in Kings Meadows have seen a 62.24% increase in median value, while Units have seen a 65.72% increase. As at 30 November 2024:

  • The median value for Houses in Kings Meadows is $524,035 while the median value for Units is $419,944.
  • Houses have a median rent of $473 while Units have a median rent of $448.
There are currently 23 properties listed for sale, and 3 properties listed for rent in Kings meadows on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Kings meadows.

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Riley Turner
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Amber Cirkel
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Parry Real Estate Pty Ltd - PROSPECT
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