SOLD
RECENT ADVICE
Sold on 07 Oct 2024 for $387,700

1/2 Ingamells Street
Prospect TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 77m2
Land area: 422m2
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Property Details for 1/2 Ingamells St, Prospect

1/2 Ingamells St, Prospect is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 422m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Prospect in the last 12 months.

Building Type
Unit
Floor Size
77m2
Land Size
422m2
Local Government
Launceston
Lot/Plan
1/57732

Last Listing description (October 2024)

Hoping to find something quiet & flat within an easy stroll of shops, schools & services? Perfectly positioned in the heart of Summerhill, this lovely unit is ideal for those seeking carefree living in a family friendly area.

Featuring a sunny & spacious lounge room with Panasonic split system, a practical kitchen, 2 double bedrooms with robes, bathroom with shower and bath, internal laundry and single garage with internal access. The package is completed with a fully fenced courtyard and garden, making it feel more like a small house than a unit.

Ideally located opposite Summerdale Primary school, near public transport, local shops and Summerdale Medical centre. Currently rented to an excellent long-term tenant, this unit will also appeal as a safe investment proposition with an estimated market rental return of $360-$370 per week, or even more with some upgrades. Ideal for those thinking of investing now to retire later.

Unit 1 of 2 Ingamells St at a glance:
• Low maintenance living in a premium location
• Ideal stand-alone 2 bedroom unit
• Single garage with internal access
• Secure yard for pets with only 2 units on block
• Convenient, quality neighbourhood
• Easy stroll to schools, shops and medical centre

Additional information:
• Land size: 422sqm
• Floor size: 77sqm
• Year built: 1982
• Current lease: $310 per week until Feb 2025
• Rates: Approx. $1,550 per annum
• Water: Approx. $1,100 per annum
• Body Corporate fees: None
• Council: City of Launceston

"Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Please note, photos are indicative of the property only."

Property History for 1/2 Ingamells St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$387,700
07 Oct 2024
  • 07 Oct 2024
    Sold for $387,700
  • 03 Sep 2024
    Listed for Sale $369,000 - $399,000
  • 19 Oct 1993
    Sold for $77,750
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About Prospect 7250

The size of Prospect is approximately 6.6 square kilometres. It has 9 parks covering nearly 19.4% of total area. The population of Prospect in 2011 was 1,438 people. By 2016 the population was 1,710 showing a population growth of 18.9% in the area during that time. The predominant age group in Prospect is 20-29 years. Households in Prospect are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Prospect work in a professional occupation. In 2011, 66.7% of the homes in Prospect were owner-occupied compared with 63.7% in 2016.

Prospect has 1,007 properties. Over the last 5 years, Houses in Prospect have seen a 71.68% increase in median value, while Units have seen a 45.97% increase. As at 31 October 2024:

  • The median value for Houses in Prospect is $564,311 while the median value for Units is $408,957.
  • Houses have a median rent of $495 while Units have a median rent of $393.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Prospect.

Suburb Insights for Prospect 7250

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Jess Christmas and Michael Walsh
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Roberts Real Estate Launceston
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.