OFF MARKET

178 Hobart Road
Kings Meadows TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 759m2
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Property Details for 178 Hobart Rd, Kings Meadows

178 Hobart Rd, Kings Meadows is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1949. The property has a land size of 759m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1949
Floor Size
106m2
Land Size
759m2
Local Government
Launceston
Lot/Plan
7/21571

Last Listing description (September 2022)

178 Hobart Road offers an outstanding opportunity to enter the Launceston real estate market.

The home has been well maintained and sits on a sizeable 759 m2 (approx) block. This home is certain to be of interest to families, investors or first home buyers.

Highlighted by its wide frontage leading out to a large rear yard, the new owners will have a wonderful chance to take advantage of the already approved Development Application to build another 2 bedroom dwelling behind the existing 3-bedroom home, possibly living in one house whilst building the 2nd knowing that you will reap the rewards of the future development.

Inside you will find 3 bedrooms, all carpeted, a spacious fully tiled family bathroom with a large freestanding bath, open plan living & dining and a light and bright modern kitchen - sliding glass doors provide access out to the westerly facing rear deck.

There is plenty of valuable off-street parking and a simple garden that has scope for further development as mentioned above or you may choose to enjoy the extra outdoor space and keep the property as is.

Positioned with quick and easy access to nearby schools (walk to Kings Meadows High School), Meadow Mews Shopping Centre, bus services and recreational facilities this home is too good to miss!

This unique proposition is sure to impress as an affordable first/family home for those looking to secure a large block of land or for those looking to take advantage of the development opportunity.

3 bedrooms
Fully tiled updated bathroom
Open plan living/kitchen & dining
Efficient reverse cycle heating/cooling
Westerly facing rear deck, perfect to capture afternoon sun
Garaging for 1 car
Fully fenced low maintenance back yard
Approved DA for another 2-bed dwelling
Public bus services close by
Kings Meadows shopping precinct within walking distance

Current lease in place until November 2022.

Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.

Property History for 178 Hobart Rd, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$451,000
31 Aug 2022
Listed for Rent
$390/w
05 Nov 2021
  • 31 Aug 2022
    Sold for $451,000
  • 10 Jul 2022
    Listed for Sale Best Offer Over $445,000
  • 26 Oct 2021
    Listed for Rent $390 / 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 2,309 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 25 properties listed for sale, and 4 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.

Suburb Insights for Kings Meadows 7249

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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.