SOLD
Sold on 28 Mar 2024 for $581,000

51 Riseley Street
Kings Meadows TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 143m2
Land area: 554m2
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Property Details for 51 Riseley St, Kings Meadows

51 Riseley St, Kings Meadows is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1968. The property has a land size of 554m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Kings Meadows in the last 12 months.

Building Type
House
Year Built
1968
Floor Size
143m2
Land Size
554m2
Local Government
Launceston
Lot/Plan
70/17812

Last Listing description (August 2024)

Nestled within the popular suburb of Kings Meadows is this well-maintained home. The spacious living room, multiple dining spaces, and three bedrooms with built-in wardrobes provide comfort and practicality. The large kitchen is perfect for those who like to entertain. Additionally, the ground floor features a studio/rumpus/workshop area offering you plenty of space, while the fully enclosed backyard and single garage space complete the picture.

- Three bedrooms with built-in robes
- Studio/ rumpus room

- Kitchen has electric cooking
- Open plan lounge and dining
- Shower and separate bath
- Fully enclosed yard
- Single garage
- Pets considered

Lease details
$495.00 per week rent
$1,980 Bond

Property History for 51 Riseley St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$581,000
28 Mar 2024
  • 25 Jul 2024
    Listed for Rent $495 / week
  • 28 Mar 2024
    Sold for $581,000
  • 19 Mar 2024
    Listed for Sale Offers Over $570,000
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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 2,322 properties. Over the last 5 years, Houses in Kings Meadows have seen a 68.79% increase in median value, while Units have seen a 53.40% increase. As at 31 August 2024:

  • The median value for Houses in Kings Meadows is $531,492 while the median value for Units is $384,076.
  • Houses have a median rent of $475 while Units have a median rent of $420.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Kings meadows on OnTheHouse. According to CoreLogic's data, 94 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.