40 Hobart Road, Kings Meadows, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

40 Hobart Road
Kings Meadows TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 106m2
Land area: 505m2
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Property Details for 40 Hobart Rd, Kings Meadows

40 Hobart Rd, Kings Meadows is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1914. The property has a land size of 505m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1914
Floor Size
106m2
Land Size
505m2
Local Government
Launceston
Lot/Plan
1/54295

Last Listing description (January 2021)

This unique home in Kings Meadows is full of character and features beautiful cathedral style timber ceilings in the kitchen and dining area with reverse cycle heating. Two large bedrooms - master with walk-in robe and a versatile third bedroom or study space. The spacious bathroom features a claw foot bath and separate shower. The garden is neat and tidy with a lovely gazebo. Entry is off Munford Street and there is good off-street parking, including a double carport. The home is spacious and comfortable and is situated within close proximity to all conveniences. Currently rented at $320 a week until the 30th of April 2021, this makes for a great investment or for the first home buyer looking to get into the property market.

Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.

Property History for 40 Hobart Rd, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$300,000
14 Nov 2020
Listed for Rent
$255/w
16 May 2016
  • 14 Nov 2020
    Sold for $300,000
  • 02 Sep 2020
    Listed for Sale $310,000
  • 14 Apr 2020
    Listed for Rent $320 / week
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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 58.31% increase in median value, while Units have seen a 45.77% increase. As at 31 December 2025:

  • The median value for Houses in Kings Meadows is $590,377 while the median value for Units is $429,910.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Kings meadows on OnTheHouse. According to Cotality's data, 117 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.