OFF MARKET

50 Gascoyne Street
Kings Meadows TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 135m2
Land area: 1758m2
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Property Details for 50 Gascoyne St, Kings Meadows

50 Gascoyne St, Kings Meadows is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 1758m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in May 1990.

Building Type
House
Year Built
1950
Floor Size
135m2
Land Size
1758m2
Local Government
Launceston
Lot/Plan
1/104767

Last Listing description (May 2021)

For Sale by Expressions of Interest Closing 5th March 2021

Calling all tradies and developers we have the opportunity to purchase this home for the first time. Ready and waiting for a makeover this property is sitting on a 894m2 block.

Currently the home comprises 3 bedrooms (master with built in robes), separate central bathroom, large separate lounge and formal dining space with separate office/rumpus room at the rear of the home.

Downstairs includes single garage, laundry and second bathroom plus extra storage and multi-use space.

- 3 bedroom, 2 bathroom home;
- Separate lounge at front of the home;
- Elevated position;
- Loads of under house storage;
- Wide entrance hallways;

This home can be purchased alone or the neighbouring property at 48 Gascoyne Street is also for sale and can be purchased together.

Expressions of Interest to be presented to Sims for Property office by 4pm 5th March 2021.

Built: 1950's approx.
Municipality: Launceston
School Catchments: Youngtown Primary & Kings Meadows High

Water Rates: $1,000.00 pa approx
Council Rates: $1,500.00 pa approx.

House: 171m2 approx.
Land: 894m2 approx.

Zoning: Low Density residential

Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 50 Gascoyne St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$80,000
31 May 1990
  • 12 Feb 2021
    Listed for Sale Expressions of Interest
  • 31 May 1990
    Sold for $80,000

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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 2,312 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 21 properties listed for sale, and 4 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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