SOLD
Sold on 27 May 2024 for $395,000

2 Reid Street
Kings Meadows TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 610m2
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Property Details for 2 Reid St, Kings Meadows

2 Reid St, Kings Meadows is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1952. The property has a land size of 610m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Kings Meadows in the last 12 months.

Building Type
House
Year Built
1952
Floor Size
110m2
Land Size
610m2
Local Government
Launceston
Lot/Plan
5/59164

Last Listing description (July 2024)

Perfect for first-time homebuyers or savvy renovators looking for a property with boundless potential. This charming two-bedroom, one-bathroom home is a true gem, situated on a generous 574 square metre plot.

Sturdy low maintenance brick construction and large windows that invite an abundance of natural light into every corner, creating an inviting atmosphere that is simply waiting to be enhanced. The separate dining room provides an intimate space for family meals, offering the potential to create an open-plan living area to suit modern tastes.

The property boasts a large block that allows for an easy care garden, ready for those with green fingers to sculpt their private oasis. Additionally, the off-street parking with a remote control garage door ensures that your vehicles are kept secure and sheltered.

While already comfortable and habitable, this home could become a renovator's delight, with room for creative improvements and personal touches to add value and character. Its location is incredibly convenient, being close to local amenities such as shops, schools. Yet it resides on a peaceful and quiet street, offering the best of both worlds.

For those ready to embark on their homeownership journey or seeking a project to revitalise, 2 Reid Street offers an unparalleled canvas in Kings Meadows – a place to create, enhance and ultimately call home.

Land size: 574m2 approx.
Building size: 111m2 approx.
Council rates: $1,600 yearly approx.
Waters rates: $290 yearly approx.
Year built: 1952
Rental estimate - $420 - $480 Per Week.

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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

A timeline of how this property has performed in the market
Last Sold
$395,000
27 May 2024
  • 27 May 2024
    Sold for $395,000
  • 05 Mar 2024
    Listed for Sale $390,000-$425,000
  • 19 Oct 2000
    Sold for $67,000
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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 2,313 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, 88 properties were sold in the past 12 months in Kings meadows.

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