SOLD
Sold on 04 Jul 2024 for $270,000

3/60 Ernest Street
Kings Meadows TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 95m2
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Property Details for 3/60 Ernest St, Kings Meadows

3/60 Ernest St, Kings Meadows is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 95m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Kings Meadows in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
64m2
Land Size
95m2
Local Government
Launceston
Lot/Plan
3/57571

Last Listing description (November 2017)

Solid two bedroom unit in Kings Meadows close to shopping centre and services. Recently remodelled bathroom and kitchen. One carport underneath plus lock up room for storage plus deck with great views. Will rent for $165 per week as an investment.

Property History for 3/60 Ernest St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$270,000
04 Jul 2024
Listed for Rent
$160/w
09 Apr 2014
  • 04 Jul 2024
    Sold for $270,000
  • 03 Jul 2017
    Sold for $122,000
  • 11 Jul 2016
    Listed for Sale $128,000
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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 2,311 properties. Over the last 5 years, Houses in Kings Meadows have seen a 64.67% increase in median value, while Units have seen a 59.48% increase. As at 30 September 2024:

  • The median value for Houses in Kings Meadows is $518,420 while the median value for Units is $379,986.
  • Houses have a median rent of $478 while Units have a median rent of $445.
There are currently 21 properties listed for sale, and 2 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.

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