1/98 Gibson StreetKings Meadows TAS 7249
Property Details for 1/98 Gibson St, Kings Meadows
1/98 Gibson St, Kings Meadows is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 297m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
Last Listing description (June 2020)
Positioned well above the fog line with views across to the mountains, this well presented low maintenance unit is ready to move into or add tenants to enhance your investment portfolio with a potential rental return over 6%. Features include:* A 1990 brick home on a flat block* Two spacious bedrooms with built in wardrobes* Open plan kitchen with adjacent dining space* Generous size lounge* Large modern bathroom with bath and separate shower* Convenience of separate toilet* Ease of reverse cycle air conditioning* Remote controlled garage with internal access to the unit* Lots of storage internally plus a garden shed * Fully fenced yard - safe for kids & pets* Within 10 minutes to Launceston's CBD & 3 minutes to Kings Meadows shopping precinct* Close to schools, shops, supermarkets and all city conveniences* NBN connectedClick on the 'External Link' below for the virtual furnishing floorplan and video tour. Contact Jeremy Wilkinson for your inspection.Rental Estimate: $300-320pwUnit size: 90m²Land size: 297m²Built: 1990Rates: $1380Council Zoning: 10.0 General ResidentialCouncil: Launceston CityHeritage listed: No**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.
Property History for 1/98 Gibson St, Kings Meadows, TAS 7249
- 13 Jun 2020Sold for $282,000
- 12 Jun 2020Listed for Sale Best Offer Over $260,000
- 02 Sep 1998Sold for $86,000
Recent sales nearby
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About Kings Meadows 7249
The size of Kings Meadows is approximately 5.0 square kilometres. It has 8 parks covering nearly 20.2% of total area. The population of Kings Meadows in 2016 was 3670 people. By 2021 the population was 4359 showing a population growth of 18.8% 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 2021, 63.00% of the homes in Kings Meadows were owner-occupied compared with 64.60% in 2016.
Kings Meadows has 2,324 properties. Over the last 5 years, Houses in Kings Meadows have seen a 61.68% increase in median value, while Units have seen a 57.47% increase. As at 30 November 2025:
- The median value for Houses in Kings Meadows is $585,225 while the median value for Units is $434,632.
- Houses have a median rent of $500 while Units have a median rent of $450.
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