SOLD
RECENT ADVICE
Sold on 12 Jan 2024 for $470,000

1/5 Merrington Lane
Kings Meadows TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 94m2
Land area: 186m2
Save

Property Details for 1/5 Merrington Lane, Kings Meadows

1/5 Merrington Lane, Kings Meadows is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 186m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Kings Meadows in the last 12 months.

Building Type
Unit
Floor Size
94m2
Land Size
186m2
Local Government
Launceston
Lot/Plan
1/153788

Last Listing description (January 2024)

Nestled in a peaceful enclave, this remarkable residence presents an idyllic low-maintenance lifestyle, boasting unparalleled convenience with its proximity to Kings Meadows shopping centre, schools, parks, and just a short 5km journey to the vibrant heart of Launceston's CBD.

Step into the galley kitchen and be captivated by the picturesque outlook, while two generously sized bedrooms with built-in robes provide ample space for comfortable living. Indulge in relaxation within the bathroom, complete with a shower and bath, and enjoy the convenience of a separate laundry.

The open plan living area creates an inviting ambiance, complemented by air conditioning for year-round comfort. Impeccable craftsmanship is evident throughout, with high-quality fixtures and fittings adding a touch of sophistication to every corner of this elegant abode.

A single lockup garage offers secure parking for your vehicle, along with the convenience of additional storage and internal access into the home. The private decking provide a tranquil retreat whilst outdoor enjoyment.

Don't miss out on this exceptional opportunity, as it is attractively priced to sell swiftly. With the added convenience of a single garage and off-street parking, this residence ensures both security and accessibility for your everyday needs.

- No body corporate
- Currently rented - $450 per week

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
12 Jan 2024
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
Sign in to see more transactions

Commute Calculator

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 2,313 properties. Over the last 5 years, Houses in Kings Meadows have seen a 59.52% increase in median value, while Units have seen a 56.27% increase. As at 31 October 2024:

  • The median value for Houses in Kings Meadows is $513,988 while the median value for Units is $396,208.
  • Houses have a median rent of $470 while Units have a median rent of $450.
There are currently 23 properties listed for sale, and 4 properties listed for rent in Kings meadows on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Kings meadows.

Suburb Insights for Kings Meadows 7249

Market Insights
Kings Meadows Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Kings Meadows Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Michael Dearsley
Show contact details
Jessie Bates
Show contact details
Harrison Agents Launceston
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.