6 Reid St, Kings Meadows is a 3 bedroom, 1 bathroom House and was built in 1954. The property has a land size of 899m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
Positioned in a quiet street in popular Kings Meadows this updated three bedroom home presents an opportunity not to be missed. Conveniently located within short walking distance to Meadow Mews Shopping Centre, Kings Meadows High and only 5 minutes drive to the Launceston CBD this property would suit busy families, investors or even first or second home buyers.
The home has an open, relaxed feel with a spacious lounge featuring a Daikin heat pump and new AustWood wood heater. The large kitchen offers excellent storage and leads out to the rear deck which captures all day sun. The three bedrooms are spacious, two with storage, and ideal for a young family. Underneath you'll find the laundry, 2nd toilet and a rumpus or fourth bedroom great for older kids, guests or the home office.
On a large block of almost 900m2, the home sits towards the front leaving lots of room for further development. Currently containing a powered and plumbed bungalow/workshop to the rear of the block, along with garden beds and secure fencing for pets and children, there is ample scope to expand the current home or perhaps build a large garage or workshop (STCA). The possibilities are endless.
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 59.52% increase in median value, while Units have seen a 56.27% increase. As at 31 October 2024:
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