2/49 Ernest Street, Kings Meadows, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

2/49 Ernest Street
Kings Meadows TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 156m2
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Property Details for 2/49 Ernest St, Kings Meadows

2/49 Ernest St, Kings Meadows is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 156m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
Unit
Year Built
1972
Floor Size
76m2
Land Size
156m2
Local Government
Launceston
Lot/Plan
2/58806

Last Listing description (January 2017)

Are you looking for a solid investment in a great location, well I think I might have found it for you!
With only 2 on the block and lots on offer, 2 bedrooms, sunny lounge, private garden, single lock up garage and good storage. Backing on to a reserve with lovely mountain views.
Short stroll to the Kings Meadows Shopping Precinct, a bus stop and schools all close by.

With over a 7% Gross return this is a good one to add to your portfolio, or to start you on the way.
Recently rented @ $210 p.w. A perfect opportunity for an investment or great starter, allowing you to possibly enter or exit the rental market.
Inspections require a minimum of 48 hours notice.

Property History for 2/49 Ernest St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$147,000
16 Dec 2016
Listed for Rent
$210/w
26 Nov 2015
  • 16 Dec 2016
    Sold for $147,000
  • 01 Mar 2016
    Listed for Sale Offers Over $145,000
  • 19 Oct 2015
    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 2,328 properties. Over the last 5 years, Houses in Kings Meadows have seen a 57.61% increase in median value, while Units have seen a 61.93% increase. As at 28 February 2026:

  • The median value for Houses in Kings Meadows is $614,808 while the median value for Units is $478,585.
  • 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, 106 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.