OFF MARKET

11 Gascoyne Street
Kings Meadows TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 622m2
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Last updated 16 Dec 2024
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Property Details for 11 Gascoyne St, Kings Meadows

11 Gascoyne St, Kings Meadows is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1946. The property has a land size of 622m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1946
Floor Size
110m2
Land Size
622m2
Local Government
Launceston
Lot/Plan
2/59725

Last Listing description (September 2023)

Every suburb has a patch that tends to be more sought after than others. We think the location of this home in Gascoyne Street sets it apart from many others in the neighbourhood. A seven minute walk to the Kings Meadows shopping precinct plus less than 100 meters away is a bus stop, butcher, florist, bakery, and organic grocery store.
Located at the end of a no through street is a great benefit that all the adjoining neighbours appreciate.
This is a comfortable 3 bedroom home very liveable now but ready for renovation and an update, in fact it lends itself really well for an extension of sorts into the private back yard.

If you are looking for an investment the property is currently let to a very reliable tenant on a no fixed term lease who would be very keen to stay on longer term.
This is a great opportunity to buy into the current market at an affordable price.

At a glance

Three bedrooms and garage under
Remodelled kitchen
Great back yard perfect to extend
Current tenant willing to continue on
Great location close to all amenities

Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements are approximate.

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Property History for 11 Gascoyne St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$410,000
05 Jul 2023
Listed for Rent
$290/w
16 Sep 2016
  • 05 Jul 2023
    Sold for $410,000
  • 20 Jun 2023
    Listed for Sale Offers Over $429,000
  • 08 Sep 2016
    Listed for Rent $290 / 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 2,326 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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