5/18 Ormley Street, Kings Meadows, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

5/18 Ormley Street
Kings Meadows TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 285m2
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Property Details for 5/18 Ormley St, Kings Meadows

5/18 Ormley St, Kings Meadows is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 285m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in July 2012.

Building Type
Unit
Year Built
2011
Floor Size
95m2
Land Size
285m2
Local Government
Launceston
Lot/Plan
5/162669

Last Listing description (October 2025)

Positioned in a well kept complex in Kings Meadows, this neat and practical unit at 5/18 Ormley Street is a great option if you're looking for a no fuss investment, a downsizer or a first home.

The home has been designed to make the most of the space. The open plan kitchen, dining and living area feels bright and welcoming, with the kitchen featuring modern appliances and plenty of storage. From here, glass doors lead out to a private enclosed courtyard - a great spot to enjoy a morning coffee, some afternoon sun, or an easy BBQ with friends.

Both bedrooms are a good size and fitted with built in wardrobes, while the bathroom includes a separate bath and shower, making it practical for all ages. The yard is compact and easy to look after, perfect for tenants or owners who don't want to spend weekends maintaining a big garden. There's also the convenience of a small garden shed, off street parking and a single garage with internal access.

Set on a 267m block, the unit is part of a small, tidy group of homes that are popular with both renters and owner occupiers. The location is a big plus - just a short stroll to Kings Meadows shopping precinct, cafes, schools and medical services. Everything you need is close by, and Launceston's CBD is only a short drive away.

Whether you're adding to your portfolio or securing your first investment, this property is an easy choice. It's low-maintenance, and positioned in one of Launceston's most convenient suburbs.

Disclaimer - We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.

Property History for 5/18 Ormley St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$300,000
09 Jul 2012
Listed for Rent
$232/w
31 Jan 2017
  • 08 Sep 2025
    Listed for Sale $499,000 - $539,000
  • 31 Jan 2017
    Listed for Rent - Price not available
  • 30 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 2,325 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, 122 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.