OFF MARKET

3/122 Hobart Road
Kings Meadows TAS 7249

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 49m2
Land area: 101m2
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Property Details for 3/122 Hobart Rd, Kings Meadows

Building Type
Commercial
Year Built
1945
Floor Size
49m2
Land Size
101m2
Local Government
Launceston
Lot/Plan
3/129139

Last Listing description (March 2021)

Retail premises in Kings Meadows. Good street frontage with 2 car parks at the rear. Approximately 56m2. A great chance to secure a site in a sought after location with a great profile in this busy shopping district.
Outgoings for the property are approximately $2,800.00.

Property History for 3/122 Hobart Rd, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$174,000
15 Jun 2020
Listed for Rent
09 Aug 2017
  • 15 Jun 2020
    Sold for $174,000
  • 26 Jul 2018
    Listed for Rent $12,000 / year
  • 09 May 2017
    Listed for Rent $12,000 / year
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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 25 properties listed for sale, and 2 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.