2/5 King Street, Perth, TAS 7300 | Unit for sale | OnTheHouse
FOR SALE
Offers Over $459,000.00

2/5 King Street
Perth TAS 7300

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 78m2
Land area: 247m2
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Smart, Simple and Well Positioned in the Heart of Perth

Positioned in one of Northern Tasmania's most convenient satellite townships, 2/5 King Street, Perth presents an excellent opportunity for investors, first-home buyers and downsizers seeking a low-maintenance property with strong everyday appeal.
Set on approximately 247m², the unit offers 2 bedrooms, 1 bathroom and secure off-street parking. The layout is practical, easy to live in and well suited to tenants, owner-occupiers or buyers looking to simplify without sacrificing location.
Perth continues to grow in popularity thanks to its central position between Launceston, Longford, Evandale and the Launceston Airport precinct. Residents enjoy the feel of a quieter township while remaining well connected to employment, schools, shops, medical services, public transport and major arterial routes.
For investors, the property offers an affordable entry point into a tightly held and increasingly practical market. With 2-bedroom rental demand supported by local workers, downsizers, singles and small households, this is the type of property that should remain broadly appealing over time.
For first-home buyers, it represents a realistic pathway into the market without compromising on convenience. For downsizers, it provides a manageable home base with less upkeep and easy access to the services that matter.
Key details:
• 2 bedrooms
• 1 bathroom
• 1 car space
• Approx. 247m² land size
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Property Details for 2/5 King St, Perth

2/5 King St, Perth is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 247m2 and floor size of 78m2. The place is currently for sale with The Agency Northern Tasmania.

Building Type
Unit
Floor Size
78m2
Land Size
247m2
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About Perth 7300

The size of Perth is approximately 72.4 square kilometres. There are 7 parks, covering nearly 0.9% of the total area. The population of Perth in 2016 was 2965 people. By 2021 the population was 3472 showing a population growth of 17.1% in the area during that time. The predominant age group in Perth is 0-9 years. Households in Perth are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Perth work in a trades occupation.In 2021, 79.90% of the homes in Perth were owner-occupied compared with 78.40% in 2016.

Perth has 1,946 properties. Over the last 5 years, Houses in Perth have seen a 52.08% increase in median value, while Units have seen a 65.79% increase. As at 30 April 2026:

  • The median value for Houses in Perth is $731,551 while the median value for Units is $499,342.
  • Houses have a median rent of $520 while Units have a median rent of $495.
There are currently 14 properties listed for sale, and 3 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 106 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 7300

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Katrina Garwood
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Bradley Philbrick
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The Agency Northern Tasmania
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.