OFF MARKET

5 Carr Street
Kings Meadows TAS 7249

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 145m2
Land area: 1110m2
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Property Details for 5 Carr St, Kings Meadows

5 Carr St, Kings Meadows is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1953. The property has a land size of 1110m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1953
Floor Size
145m2
Land Size
1110m2
Local Government
Launceston
Lot/Plan
2/83267

Last Listing description (March 2023)

5 Carr Street in Kings Meadows has "development" written all over it! On a massive 1100 (approx) square meter block you already have a very comfortable and well maintained three bedroom home plus a completely self contained, one bedroom "granny flat", freshly painted and with new carpet and separately metered AND the opportunity for ongoing development. All up, you have a potential $670 per week income stream while you plan the next stage. Both have their own driveway with the house, rewired in 2013, offering an updated kitchen, bathroom and laundry, reverse cycle heating and cooling, ensuring round year comfort. They have their separate entrances so privacy isn't an issue for all occupants. This block can potentially (STCA) house four dwellings. This isn't to discard the family with the teenager looking for his/her own retreat or the parents looking for the security of being close but without encroaching on their loved ones. Position is always a vital consideration. You will be a comfortable five minute walk from the Meadow Mews shopping complex and even less for your public transport. Lots to take in but plenty of value in this one.

Land Size: 1100m2 approx
Building Size: 105m2 approx

Year Built: 1953
Local Council: Launceston
NBN; Yes

We have in preparing this document used our best endeavours to ensure the information is true & accurate. Prospective purchaser are advised to carry out their own investigations

Property History for 5 Carr St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$550,000
04 Nov 2022
Listed for Rent
$385/w
25 May 2022
  • 28 Feb 2023
    Listed for Sale Offers Over $529,000
  • 04 Nov 2022
    Sold for $550,000
  • 29 Sep 2022
    Listed for Sale Offers Over $529,000
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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 2,326 properties. Over the last 5 years, Houses in Kings Meadows have seen a 62.24% increase in median value, while Units have seen a 65.72% increase. As at 30 November 2024:

  • The median value for Houses in Kings Meadows is $524,035 while the median value for Units is $419,944.
  • Houses have a median rent of $473 while Units have a median rent of $448.
There are currently 23 properties listed for sale, and 3 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.