7/183 Hobart Road, Kings Meadows, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

7/183 Hobart Road
Kings Meadows TAS 7249

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 82m2
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Property Details for 7/183 Hobart Rd, Kings Meadows

7/183 Hobart Rd, Kings Meadows is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 82m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
1983
Floor Size
64m2
Land Size
82m2
Local Government
Launceston
Lot/Plan
7/140696

Last Listing description (February 2021)

This unit in Kings Meadows is a great example of rock-solid real estate whether you are buying to live or buying to invest. As an addition to your investment portfolio, you will receive an excellent return. With the Launceston rental market experiencing all-time low vacancy rates this is a winner. Equally, for the buyer looking to break into the market with a view to being an owner/occupier, there is plenty of upsides. You will have an open-plan design, great presentation and your own personal balcony and car parking space. You are basically within walking distance of the Kings Meadows Shopping precinct with all the major infrastructures and the added bonus of popular eateries, the local gym, bowling alley, and education facilities. For those working in Launceston, you will be a ten-minute commute by car or public transport to the Central Business District of Launceston. An oldy but a goody! Opportunity knocks!!

Building Size: 64m2 approx.
Year Built: 1983

Local Council: Launceston

We have in preparing this document used our best endeavors to ensure the information is true & accurate. Prospective purchaser are advised to carry out their own investigations

Property History for 7/183 Hobart Rd, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$155,000
14 Dec 2020
  • 14 Dec 2020
    Sold for $155,000
  • 09 Dec 2020
    Listed for Sale $129,000 - $159,000
  • 12 Oct 2015
    Sold for $110,000
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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 2,325 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 3 properties listed for rent in Kings meadows on OnTheHouse. According to Cotality's data, 123 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.