SOLD
Sold on 18 Apr 2024 for $890,000

50 Riseley Street
Kings Meadows TAS 7249

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 325m2
Land area: 1222m2
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Property Details for 50 Riseley St, Kings Meadows

50 Riseley St, Kings Meadows is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1956. The property has a land size of 1222m2 and floor size of 325m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Kings Meadows in the last 12 months.

Building Type
House
Year Built
1956
Floor Size
325m2
Land Size
1222m2
Local Government
Launceston
Lot/Plan
1/149900

Last Listing description (June 2024)

Perched on the hillside, this iconic mid-century property is a local landmark, significant family home and currently utilised as a highly successful short term accommodation. Built in the early 1950s 50 Riseley Street has been lovingly renovated and restored to accentuate its Art Deco influences and to integrate the best of contemporary living practices.

The principal suite is complete with walk-in-robe, modern ensuite and ample room for a sitting area - all enjoying outlooks to the mountains or garden. The secondary bedrooms are also focused around the views.

The best successes of the property are in the masterful use of light and the welcoming-in of the panoramic vistas beyond. The timeless kitchen, dining and various living rooms are all oriented to capture sight-lines across the surrounding area, accentuating the elegant palette of timber, glass and clean white lines.

Beyond the obvious qualities of space and light, this home is unique in its provision of functional ancillary amenities. The generosity of the laundry, study, workshop and garaging is second to none, each providing spaces fit-for-purpose and that allow the shared spaces of the home to remain purely for enjoyment.

Whilst your eye will be drawn outward to the vista, this property is also grounded in mature and developing gardens. Complete with a swimming pool and pool pavilion, positioned to also capture the aspect, 50 Riseley Street is a lifestyle property suited to families and individuals who appreciate design, comfort and flexibility.

Prominent features of this property include:
- 1219m2 of land set across two titles
- panoramic views of the surrounding suburbs and hillsides
- striking architectural landmark property
- generous and flexible entertaining spaces
- large hybrid in-ground swimming pool and pavilion
- two separate powder room WCs
- original features including etched glass, custom mantel mirrors and surrounds
- extensive storage, workshop and garaging.

Please contact Thomas today to schedule an appointment to view today.

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

A timeline of how this property has performed in the market
Last Sold
$890,000
18 Apr 2024
  • 18 Apr 2024
    Sold for $890,000
  • 26 Dec 2023
    Listed for Sale Expressions of Interest
  • 25 Feb 2022
    Sold for $900,000
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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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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.