12 Riseley Street, Kings Meadows, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

12 Riseley Street
Kings Meadows TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 111m2
Land area: 465m2
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Property Details for 12 Riseley St, Kings Meadows

12 Riseley St, Kings Meadows is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1952. The property has a land size of 465m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1952
Floor Size
111m2
Land Size
465m2
Local Government
Launceston
Lot/Plan
12/12617

Last Listing description (May 2022)

Here lies a great opportunity to take an affordable step onto the property ladder in hugely popular King Meadows.
Currently tenanted at $350 per week, till March 2023, long term tenant of some 11 years.

Built in 1952, this home is in fairly original condition, and whilst it is comfortable as is, it is calling out for someone to bring their vision board and renovation tools to give it a modern transformation.

Offering a functional floorplan with a combined kitchen and dining area, separate loungeroom, three bedrooms all with built-ins. bathroom with shower over bath.
Sitting on a nice flat block of 465m2 there is plenty of room to start a garden and make the most of the outdoor space.
Conveniently located within easy access to Meadow Mews and Kings Meadows Shopping strip, with groceries, medical services, public transport, and amenities at your fingertips.
Whether you are looking for a first home or a great property to add to your investment portfolio, 12 Riseley Steet is a must-see.

Property History for 12 Riseley St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$441,000
06 Apr 2022
  • 06 Apr 2022
    Sold for $441,000
  • 24 Mar 2022
    Listed for Sale Offers Over $399,000
  • 31 Jul 2020
    Sold for $278,000
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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 2,325 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.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Kings meadows on OnTheHouse. According to Cotality's data, 124 properties were sold in the past 12 months in Kings meadows.

Suburb Insights for Kings Meadows 7249

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Cotality Copyright and Legal Disclaimers about Property Data
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.