53 Gascoyne Street, Kings Meadows TAS 7249
53 Gascoyne Street, Kings Meadows TAS 7249
53 Gascoyne Street is a single-level 1950-built house with three bedrooms, one bathroom, and three parking spaces on a 931 m² lot. It features air conditioning, built-in wardrobes, internal laundry, dishwasher, vaulted ceilings, and modern finishes with an elevated aspect offering sweeping views.
This property is competitively strong due to its elevated position and sweeping views, which are rare in Kings Meadows and elevate it above typical 1950s stock. The three parking spaces and fully fenced, pet-friendly layout with indoor-outdoor flow are premium features that attract families and lifestyle buyers seeking a turnkey home on a large lot. The modern finishes, including vaulted ceilings and air conditioning, set it apart from many older homes in the suburb, making it best suited for those wanting a comfortable, move-in-ready property with character and space.
The 1950 build may require ongoing maintenance despite modern updates, and the single bathroom could limit appeal for larger families. The elevated aspect might affect heating costs in winter, though air conditioning helps. The large land size offers potential for future extensions or landscaping, but zoning or development constraints could influence long-term value. Buyers should weigh the premium for views and parking against the age of the structure and consider inspection results for any hidden issues.
Detailed Independent Property Report prepared by PropCred Analyst team for 53 Gascoyne Street, Kings Meadows TAS 7249
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Kings Meadows is a stable, professional suburb within the Launceston hub, attracting buyers seeking lifestyle and affordability. Demand is driven by investors and owner-occupiers, supported by steady rental growth and a balanced market where properties transact efficiently. Recent price trends have been measured, reflecting a period of consolidation. Future growth is underpinned by its regional centre appeal, though the market remains sensitive to broader economic conditions and constrained housing supply.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
3
Land
928m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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