10/183 Hobart RoadKings Meadows TAS 7249
Property Details for 10/183 Hobart Rd, Kings Meadows
10/183 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 84m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (July 2023)
This unit in Kings Meadows is in the price bracket for the single or the young couple to cross that bridge to "owning your own home". The key and all important feature is, our owner has spent the money with a renovation of the big ticket items, kitchen & bathroom. It is an open plan design of kitchen dining and living area. The bedroom is spacious and the bathroom with its new shower and hand basin complements the unit perfectly. For the fly in/fly out worker it's only 10 minutes to the airport.
For the investor, the unit is expected to return a very healthy $300 per week. I'll let you do the math but it represents an excellent return. The position, once again, is very attractive. You can walk to the Meadow Mews shopping complex. For those looking to head into Launceston, public transport runs right past the door and you are within a 10 minute drive if you have your own vehicle. This is a rare opportunity in the price range.
Building Size: 66m2 approx
Local Council: Launceston
*We have in preparing this document used our best endeavors to ensure the information is true & accurate. Prospective purchaser are advised to carry out their own investigations
Property History for 10/183 Hobart Rd, Kings Meadows, TAS 7249
- 08 Jun 2023Sold for $280,000
- 05 May 2023Listed for Sale Offers Over $285,000
- 26 Aug 2019Sold for $141,500
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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 2,312 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.
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