OFF MARKET

54 Ernest Street
Kings Meadows TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 121m2
Land area: 669m2
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Property Details for 54 Ernest St, Kings Meadows

54 Ernest St, Kings Meadows is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 669m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
House
Year Built
1960
Floor Size
121m2
Land Size
669m2
Local Government
Launceston
Lot/Plan
7/72349

Last Listing description (September 2020)

Set within a short stroll to Meadow Mews and the Kings Meadows shopping hub is this three bedroom brick home that will make a great first home or a very solid investment.The home consists of three good size bedrooms that all feature built in storage. There is an updated kitchen which leads to the combined living dining room which is heated by a reverse cycle air conditioner and a cosy wood heater. This then leads to the undercover area that will make a wonderful place for entertaining. At the front of the home there is the second lounge that receives great sunlight and has its own reverse cycle air conditioner.Underneath the home there is the garage with a very handy workspace. The backyard features a well established garden, an assortment of fruit trees and several garden sheds for storage.The whole home has just been freshly painted, plus there is also a new hot water cylinderThis home is sure to tick all the boxes for first home buyers, investors or people looking to downsize. For your private inspection, please call Duncan Morrison at Ray White Launceston today

Property History for 54 Ernest St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$325,000
01 Aug 2020
  • 01 Aug 2020
    Sold for $325,000
  • 24 Apr 2020
    Listed for Sale $330,000
  • 27 Mar 2017
    Sold for $256,000
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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.

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.