OFF MARKET

2/8 Reid Street
Kings Meadows TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 163m2
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Property Details for 2/8 Reid St, Kings Meadows

2/8 Reid St, Kings Meadows is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 163m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
Unit
Year Built
1994
Floor Size
69m2
Land Size
163m2
Local Government
Launceston
Lot/Plan
2/154853

Last Listing description (September 2017)

This 2 bedroom unit is conveniently located close to schools, shops & public transport, and is a comfortable stroll to the Kings Meadows shopping precinct. It features off street parking, a paved courtyard and small lawn area with veggie patch, which is all fenced to provide privacy. Internally the unit is in excellent condition, both bedrooms feature built ins, the bathroom is a good size, and the kitchen, meals & lounge area are comfortable and homely. The entire unit is easily heated by the Fujitsu inverter which is still under manufacturers warranty and assists in creating a wonderful ambience. All in all, this unit is in excellent condition, and will provide it's new owner with nothing to do but move in & relax, or provide a rental return of $230 - $250 per week if it is an addition to your portfolio.
*all measurements are approximate

Property History for 2/8 Reid St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$180,000
25 Jun 2017
  • 25 Jun 2017
    Sold for $180,000
  • 02 May 2017
    Listed for Sale Best offer over $179,000
  • 15 Apr 2008
    Sold for $149,000

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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.
There are currently 21 properties listed for sale, and 4 properties listed for rent in Kings meadows on OnTheHouse. According to CoreLogic's data, 89 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.