58A Ernest Street, Kings Meadows, TAS 7249 | Property Value & History | OnTheHouse
 
OFF MARKET

58A Ernest Street
Kings Meadows TAS 7249

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 143m2
Land area: 7543m2
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Property Details for 58a Ernest St, Kings Meadows

Building Type
Land
Floor Size
143m2
Land Size
7543m2
Local Government
Launceston
Lot/Plan
0/187292

Last Listing description (December 2020)

With full Planning Approval for three premium townhouses, this is an opportunity any astute developer cannot go past.

The land has a wonderful elevated aspect, with commanding views over surrounding areas to the eastern mountains. The setting is outstanding, combining panoramic views with a low density bushland setting. This is all located in suburban Launceston on a site of over 7,500 square metres adjoining Mount Pleasant Estate!


Connection of services has also been undertaken, including power supply and water connections. Civil works associated with the internal driveways and site benching for the townhouses has also been developed to make this site dig ready.

Included in the sale are the approved plans and relevant documentation.

For more information call Doug Marshall.

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Property History for 58a Ernest St, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$850,000
01 Jul 2022
Listed for Rent
$700/w
03 Jun 2024
  • 01 Jul 2022
    Sold for $850,000
  • 13 Jan 2021
    Sold for $220,000
  • 16 Apr 2020
    Sold for $275,000
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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 5 properties listed for sale, and 3 properties listed for rent in Kings meadows on OnTheHouse. According to Cotality's data, 118 properties were sold in the past 12 months in Kings meadows.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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