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Sold on 11 Dec 2023 for $680,000

3 Opossum Road
Kings Meadows TAS 7249

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Floor area: 191m2
Land area: 1001m2
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Property Details for 3 Opossum Rd, Kings Meadows

3 Opossum Rd, Kings Meadows is a 5 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 1001m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 5 bedroom House sold in Kings Meadows in the last 12 months.

Building Type
House
Floor Size
191m2
Land Size
1001m2
Local Government
Launceston
Lot/Plan
16/67364

Last Listing description (December 2023)

Welcome to 3 Opossum Road, Kings Meadows - a property that defines rarity and potential. Spanning over 1000m2 of land, it's a true gem within the Kings Meadows suburb, offering unique opportunities, including subdivision (subject to council approval).

This property features five spacious bedrooms, with the master bedroom boasting an ensuite. Each bedroom is generously sized, ensuring that everyone has their own comfortable space. The modern open-plan kitchen seamlessly flows into the lounge and dining areas, creating a welcoming and versatile living space for you and your loved ones.

As an added bonus, there's a granny flat in the backyard equipped with a kitchenette, bathroom, and a separate bedroom, offering the potential for extra income or accommodating extended family members (STCA)

Great updates have been thoughtfully made throughout the property, ensuring a blend of modern comfort with character. This makes it a perfect choice for growing families seeking space and convenience, as well as savvy investors looking to generate a second income stream.

The sizeable, over-height shed in the rear yard offers a wide range of uses with a reinforced concrete slab ready for a car hoist to be installed. Its ample space and increased height make it perfect for storage, workshops, or even sheltering larger vehicles, boats or motor home. Its versatility makes it a valuable addition to any property, ready to meet various needs.

The location is a standout feature, being in close proximity to the Kings Meadows Shopping Centre, Golf course, and schools, ensuring all your daily needs are just a stone's throw away.

Property Details:
- House Size: 191m2
- Garage: 64m2
- Granny flat: TBA
- Land Size: 1001m2
- Year Built: 1930
- Council: Launceston
- Council Rates: $2100 p/a
- Rental estimate: $650 per week

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Property History for 3 Opossum Rd, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$680,000
11 Dec 2023
  • 23 Nov 2023
    Sold for $680,000
  • 07 Nov 2023
    Listed for Sale Not Disclosed
  • 27 Feb 2013
    Sold for $287,000
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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 2,322 properties. Over the last 5 years, Houses in Kings Meadows have seen a 68.79% increase in median value, while Units have seen a 53.40% increase. As at 31 August 2024:

  • The median value for Houses in Kings Meadows is $531,492 while the median value for Units is $384,076.
  • Houses have a median rent of $475 while Units have a median rent of $420.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Kings meadows on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Kings meadows.

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Michael Dearsley
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Siofra Egan
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