1/183 Hobart RoadKings Meadows TAS 7249
Property Details for 1/183 Hobart Rd, Kings Meadows
1/183 Hobart Rd, Kings Meadows is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 74m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (March 2022)
Set and forget with this great opportunity to step into the property market or a smart addition to a portfolio.
Situated on the ground floor of a complex of 10 apartments this low maintenance property is in excellent condition and has been a secure investment for the current owner.
Comprising of open plan living, one bedroom with builtins and an updated bathroom/laundry each apartment has an allocated off street parking space with easy access to and from the street.
Conveniently located within an easy stroll of the Kings Meadows shopping precinct, this property represents good value in the current strong Launceston market.
INSPECTION BY APPOINTMENT
Leased until October 2022
$240 per week
Body Corporate Fee (Includes building insurance)
$550 per annum
Investment opportunity
Low maintenance
Convenient location
$240 per week rent
Lease end October 2022
Property History for 1/183 Hobart Rd, Kings Meadows, TAS 7249
- 14 Feb 2022Sold for $263,000
- 19 Jan 2022Listed for Sale SOLD - $263,000
- 01 Oct 2020Listed for Rent $220 / week
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0About 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 2,328 properties. Over the last 5 years, Houses in Kings Meadows have seen a 60.86% increase in median value, while Units have seen a 69.65% increase. As at 31 January 2025:
- The median value for Houses in Kings Meadows is $532,903 while the median value for Units is $431,283.
- Houses have a median rent of $480 while Units have a median rent of $450.
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