3/18 Ormley Street, Kings Meadows, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

3/18 Ormley Street
Kings Meadows TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/18 Ormley St, Kings Meadows

3/18 Ormley St, Kings Meadows is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011.

Building Type
Unit
Year Built
2011
Local Government
Launceston
Lot/Plan
3/162669

Last Listing description (September 2025)

Charming Investment Opportunity

Delightfully situated in the ever-popular Kings Meadows, this charming two-bedroom unit at 3/18 Ormley Street presents a sterling opportunity for savvy investors. This low maintenance brick abode, tenanted until August 2025, promises a secure investment in a sought-after locale.

Nestled on a manageable plot of 267 square metres, the property boasts a well-conceived floor plan that maximises space and provides a pleasant outlook. The modern spacious kitchen, equipped with contemporary appliances, flows seamlessly into the open plan dining and living area, creating an ideal environment for comfortable living and entertaining. The adjoining entertainment deck offers an outdoor retreat perfect for relaxation or hosting friends and family.

Both bedrooms are generous in size and include built-in wardrobes, offering ample storage. The bathroom is well-appointed featuring both bath and shower to cater for all preferences. Convenience is key, with the property located a stone's throw from local shops and a plethora of other amenities, ensuring everything you need is within easy reach.

The low maintenance garden is perfect for those with busy lifestyles or seeking a 'lock-up and leave' property. With one dedicated parking space, residents have the ease of secure off-street parking.

3/18 Ormley Street, Kings Meadows, is not just a property, it's a wise investment in a vibrant community.

Land size : 267m
Building size : 97m
Rental Estimate: $460-$480 p/w approx.

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 3/18 Ormley St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
  • 29 Aug 2025
    Sold for $525,000
  • 10 Jun 2025
    Listed for Sale $499,000 - $529,000
  • 24 May 2023
    Listed for Rent $460
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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.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Kings meadows on OnTheHouse. According to Cotality's data, 125 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.