OFF MARKET

58A Ernest Street
Kings Meadows TAS 7249

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 143m2
Land area: 7543m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 28 Oct 2024
Low

High
Save

Property Details for 58a Ernest St, Kings Meadows

58a Ernest St, Kings Meadows is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 7543m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Townhouse
Floor Size
143m2
Land Size
7543m2
Local Government
Launceston
Lot/Plan
3/27107

Last Listing description (December 2020)

With full Planning Approval for three premium townhouses, this is an opportunity any astute developer cannot go past.

The land has a wonderful elevated aspect, with commanding views over surrounding areas to the eastern mountains. The setting is outstanding, combining panoramic views with a low density bushland setting. This is all located in suburban Launceston on a site of over 7,500 square metres adjoining Mount Pleasant Estate!


Connection of services has also been undertaken, including power supply and water connections. Civil works associated with the internal driveways and site benching for the townhouses has also been developed to make this site dig ready.

Included in the sale are the approved plans and relevant documentation.

For more information call Doug Marshall.

Property History for 58a Ernest St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$850,000
01 Jul 2022
Listed for Rent
$800/w
03 Apr 2024
  • 01 Jul 2022
    Sold for $850,000
  • 13 Jan 2021
    Sold for $220,000
  • 16 Apr 2020
    Sold for $275,000
Sign in to see more transactions

Commute Calculator

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 2,311 properties. Over the last 5 years, Houses in Kings Meadows have seen a 64.67% increase in median value, while Units have seen a 59.48% increase. As at 30 September 2024:

  • The median value for Houses in Kings Meadows is $518,420 while the median value for Units is $379,986.
  • Houses have a median rent of $478 while Units have a median rent of $445.
There are currently 21 properties listed for sale, and 2 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

Market Insights
Kings Meadows Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Kings Meadows Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.