OFF MARKET

4/58 Ernest Street
Kings Meadows TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 92m2
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Property Details for 4/58 Ernest St, Kings Meadows

4/58 Ernest St, Kings Meadows is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 92m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
1981
Floor Size
64m2
Land Size
92m2
Local Government
Launceston
Lot/Plan
4/104159

Last Listing description (January 2024)

This second floor unit features two good size bedrooms, one with built ins.

The kitchen opens off a large living area and is compact with good storage.

The solid brick construction helps keep the unit cool in summer and warm in winter. Electric heating is provided.

From the living area, main bedroom and balcony you have great views out over Kings Meadows and surrounding areas.

Sitting at the top of Ernest Street in Kings Meadows, this apartment is close to Kings Meadows yet outside of the business of the CBD.

There is undercover parking for one car plus a visitor car park space.

An added bonus is the locked storage room for the unit off the undercover car park.

Rent is $375 per week
Bond in $1,500
Unfortunately this unit is not suitable for pets

Please contact Janine at rentals@moretasmania.com.au for further details.

Property History for 4/58 Ernest St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$300,000
10 Dec 2020
Listed for Rent
13 Oct 2023
  • 18 Apr 2023
    Listed for Rent $395 / week
  • 05 Jul 2021
    Listed for Rent $340 / week
  • 10 Dec 2020
    Sold for $300,000
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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 2,309 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 4 properties listed for rent in Kings meadows on OnTheHouse. According to CoreLogic's data, 90 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.