OFF MARKET

1/5 Merrington Lane
Kings Meadows TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 187m2
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Property Details for 1/5 Merrington Lane, Kings Meadows

1/5 Merrington Lane, Kings Meadows is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 187m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
2007
Floor Size
88m2
Land Size
187m2
Local Government
Launceston
Lot/Plan
1/153788

Last Listing description (May 2024)

Nestled in Merrington Lane, is this beautifully presented, stand-alone 2-bedroom unit.

Features and Benefits;
- Views over Kings Meadows

- Private, enclosed deck area
- Modern, low maintenance living
- Heat pump for all your heating/cooling needs

Property Layout & Yard Features;
- 2 bedrooms, both with built-ins
- Open plan kitchen, dining and living area
- Spacious bathroom with bath & separate shower
- Separate toilet & separate laundry
- Secure garage with additional storage & internal access
- One additional off-street parking spot

Located within walking distance to the bustling Kings Meadows shopping precinct & only a short drive to the CBD, this property is sure to have all that you require - what more could you want? Please contact us now to arrange your inspection.

Lease Details and Property Connections;
- $450.00 rent per week
- $1,800 bond
- 12 months
- Sorry, pets are not permitted
- NBN connected (internally & externally)

To arrange an inspection is very easy! To book a time to inspect the property, simply click on "book an inspection time" and select from the available times. By registering, you will be informed of any updates, changes, or cancellations for your appointment.

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Property History for 1/5 Merrington Lane, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$470,000
21 Dec 2023
Listed for Rent
$450/w
15 Nov 2022
  • 21 Dec 2023
    Sold for $470,000
  • 05 Sep 2023
    Listed for Sale Not Disclosed
  • 08 Nov 2022
    Listed for Rent $450 / week
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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 2,329 properties. Over the last 5 years, Houses in Kings Meadows have seen a 55.22% increase in median value, while Units have seen a 61.97% increase. As at 28 February 2025:

  • The median value for Houses in Kings Meadows is $531,947 while the median value for Units is $417,002.
  • Houses have a median rent of $473 while Units have a median rent of $450.
There are currently 20 properties listed for sale, and 1 property listed for rent in Kings meadows on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Kings meadows.

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