OFF MARKET

18 Ormley Street
Kings Meadows TAS 7249

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Land area: 2747m2
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Last updated 16 Dec 2024
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Property Details for 18 Ormley St, Kings Meadows

18 Ormley St, Kings Meadows is a bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 2747m2. While the property is not currently for sale or for rent, it was last sold in March 2010.

Building Type
Unit
Land Size
2747m2
Local Government
Launceston

Last Listing description (December 2009)

WANTED : Builders & Developers
Offered to the market for the very first time in over 67 years it's not often that an opportunity like this comes along offering a neat and spacious home on 3470m2 with real development potential in the heart of Kings Meadows and offering magnificent views across Kings Meadows; whether a unit development, estate or gated community the possibilities are truly endless (STCA). Situated in quiet and peaceful area the house is in immaculate condition with 3 bedrooms, 2 living areas, 3 out buildings and a carport. Whether you quietly sit on the land for the time being or develop further, whatever decision you choose its going to increase in value! With the ability to link in with the sale of 73 Hobart Road, Kings Meadows (738m2), and adjoining vacant residential block with direct access off Hobart road this is an opportunity knocking. For more information please contact Tasmania's no.1 Agent Jeremy Wilkinson or Josh Hart today, Expressions close Monday 14th of December 2009 @ 5.00pm.
Additional feature - Partially Fenced; City.

Property History for 18 Ormley St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$240,000
10 Mar 2010
  • 10 Mar 2010
    Sold for $240,000
  • 15 Nov 2009
    Listed for Sale PRICE ON APP.

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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 4 properties listed for rent in Kings meadows on OnTheHouse. According to CoreLogic's data, 93 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.