OFF MARKET

2/57 Gibson Street
Kings Meadows TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 237m2
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Property Details for 2/57 Gibson St, Kings Meadows

2/57 Gibson St, Kings Meadows is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 237m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
1989
Floor Size
73m2
Land Size
237m2
Local Government
Launceston
Lot/Plan
2/56951

Last Listing description (November 2016)

Set upon a hill at the end of a quiet street, soaking in gorgeous views of the mountains and hills beyond, is this comfortable brick unit in convenient Kings Meadows.
Featuring large, perfectly positioned windows which capture oodles of natural light and frame the lovely outlook, the home offers well-lit rooms and a space-efficient layout. Each of the 2 bedrooms benefit from built-in robes, and the generous living and dining area houses a newly installed heatpump which ensures the home remains a comfortable temperature year round.
Externally, the home features a low maintenance, leafy yard offering privacy and security, and oodles of storage space is provided in the large area beneath the home.

Ideally located within close proximity of the conveniences of Kings Meadows, including shops, schools and cafes, the property provides a great investment opportunity or comfortable, low maintenance home.
Rental estimate: $220 per week approx. Currently leased until November 2016.

Property History for 2/57 Gibson St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$190,000
20 Aug 2016
Listed for Rent
$215/w
18 May 2013
  • 20 Aug 2016
    Sold for $190,000
  • 07 Apr 2016
    Listed for Sale Best Offer Over $195,000
  • 04 Apr 2013
    Listed for Rent - Price not available
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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 2,310 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 24 properties listed for sale, and 4 properties listed for rent in Kings meadows on OnTheHouse. According to CoreLogic's data, 91 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.