OFF MARKET

5/58 Ernest Street
Kings Meadows TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 268m2
Land area: 368m2
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Last updated 11 Nov 2024
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Property Details for 5/58 Ernest St, Kings Meadows

5/58 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 368m2 and floor size of 268m2. 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
268m2
Land Size
368m2
Local Government
Launceston
Lot/Plan
5/104159

Last Listing description (January 2016)

2 bedrooms - main with built-ins, combined laundry and bathroom, single carport underneath. Close to Meadow Mews Shopping Complex.
LEASE BREAK, 12 MONTHS LEASE AVAILABLE, AVAILABLE: 22/12/2015, SORRY NO PETS.

Property History for 5/58 Ernest St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$600,000
10 Dec 2020
Listed for Rent
$145/w
20 Dec 2015
  • 10 Dec 2020
    Sold for $600,000
  • 03 Dec 2015
    Listed for Rent - Price not available
  • 27 Aug 2013
    Listed for Rent - Price not available
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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 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.

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