2/118 Hobart Road, Kings Meadows, TAS 7249 sold on 30 October 2025 | OnTheHouse
SOLD
Sold on 30 Oct 2025 for $412,000

2/118 Hobart Road
Kings Meadows TAS 7249

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 2/118 Hobart Rd, Kings Meadows

Building Type
Commercial
Year Built
1978
Local Government
Launceston
Lot/Plan
2/154869

Last Listing description (August 2023)

Premium Salon/Retail Space In Popular Kings Meadows

Occupying a high profile position in one of Launceston's pre-eminent retail strips, this rare vacancy is located amongst major tenants such as Noodle Box, CBA, ANZ, Bendigo Bank, Liv-Eat and Coles.

Previously home to a hair salon this tenancy would very well suit similar uses such as beauty or alternatively other retail operations or even business and professional services stca.


Highlights include:
- backs onto expansive Meadow Mews car park; home to Coles
- reverse cycle air-conditioning
- NBN connection
- incredibly rare location
- common parking at rear

For further details contact Blake Shepherd.

Property History for 2/118 Hobart Rd, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$412,000
30 Oct 2025
  • 11 Jul 2023
    Listed for Rent - Price not available
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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 2,327 properties. Over the last 5 years, Houses in Kings Meadows have seen a 58.31% increase in median value, while Units have seen a 49.03% increase. As at 31 January 2026:

  • The median value for Houses in Kings Meadows is $600,866 while the median value for Units is $449,921.
  • Houses have a median rent of $500 while Units have a median rent of $455.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Kings meadows on OnTheHouse. According to Cotality's data, 116 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.