Back 3/18 Ormley St
Off Market

3/18 Ormley St

Kings Meadows TAS 7249

2
1
1
267 m²
Unit
Last sold for $525,000
Ananda CairnsAnanda Cairns, last sold this property on 28 August 2025 after 79 days on market.

Overview

Charming Investment Opportunity

Delightfully situated in the ever-popular Kings Meadows, this charming two-bedroom unit at 3/18 Ormley Street presents a sterling opportunity for savvy investors. This low maintenance brick abode, tenanted until August 2025, promises a secure investment in a sought-after locale. Nestled on a manageable plot of 267 square metres, the property boasts a well-conceived floor plan that maximises space and provides a pleasant outlook. The modern spacious kitchen, equipped with contemporary appliances, flows seamlessly into the open plan dining and living area, creating an ideal environment for comfortable living and entertaining. The adjoining entertainment deck offers an outdoor retreat perfect for relaxation or hosting friends and family. Both bedrooms are generous in size and include built-in wardrobes, offering ample storage. The bathroom is well-appointed featuring both bath and shower to cater for all preferences. Convenience is key, with the property located a stone's throw from local shops and a plethora of other amenities, ensuring everything you need is within easy reach. The low maintenance garden is perfect for those with busy lifestyles or seeking a 'lock-up and leave' property. With one dedicated parking space, residents have the ease of secure off-street parking. 3/18 Ormley Street, Kings Meadows, is not just a property, it's a wise investment in a vibrant community. Land size : 267m² Building size : 97m² Rental Estimate: $460-$480 p/w approx. Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
267 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Kings Meadows over the last 12 months, the estimated median property value of 3/18 Ormley St is $515.5k.

Median value
$515.5k
Estimated value range
$340k - $555k
Median days on market
13
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kings Meadows. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/18 Ormley St

2025
Sold
$525,000
28 Aug 2025 by Ananda Cairns, of Key2 Property
2023
Rented
Undisclosed
Leased on 03 Aug 2023 by Living Here Launceston
2021
Sold
Undisclosed
Private Sale/Treaty on 10 Aug 2021 by Justin Goebel, of LJ Hooker Launceston

Happy sellers in Kings Meadows

95%
95% of sellers in Kings Meadows reported that their sale price either exceeded or met their price expectations.

Kings Meadows stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Kings Meadows over the last 12 months.

Local market activity for 2 bedroom units in Kings Meadows

In the last 12 months, 7 two-bedroom units similar to 3/18 Ormley St, have been sold.

This represents a 55% increase in two-bedroom units sales when compared to the previous 12 months.

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