OFF MARKET

1 Caroline Street
Prospect TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 111m2
Land area: 673m2
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Property Details for 1 Caroline St, Prospect

1 Caroline St, Prospect is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1967. The property has a land size of 673m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1967
Floor Size
111m2
Land Size
673m2
Local Government
Launceston
Lot/Plan
3/61029

Last Listing description (March 2021)

Situated in a no through street and within a short drive to town, shops and a variety of schools, this sweet little brick home is well located in the popular suburb of Prospect but sits right on the border with South Launceston.
With open plan living, dining and kitchen areas you can move straight in without having to budget for major renovations; and for the investors the home is in great condition and is already leased (month to month) at $300.pw offering a great gross rental return.
Two out of the three bedrooms have built in wardrobes, the kitchen is spacious, the bathroom has a spa bath, separate shower and a new IXL-tastic light and heater was recently installed. A combination of polished timber floors and nice plush carpet all go towards making this a comfortable and stylish home in which to enjoy time with family and friends or even raise a family.

Although a terrific home upstairs this home offers far more than meets the eye down stairs. From the street it looks like a single garage but inside it opens up to a huge space, roughly the size of house above, with enough room to secure two cars off the street as well as loads of storage space which could easily double as a workshop. Whatever you choose to use it for, you will love having the extra space.
A big bonus here is the excellent 673m2 (approx) block which is perfect for kids and pets, but there is also room to add on or build a deck (STCA) to add to your outdoor entertaining space. However you look at it, this home is a great buy and is loaded with potential. Call me now to arrange a private viewing.

Property History for 1 Caroline St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$310,000
10 May 2020
Listed for Rent
$300/w
07 Jun 2016
  • 10 May 2020
    Sold for $310,000
  • 12 Feb 2020
    Listed for Sale $335,000
  • 25 Jan 2017
    Sold for $235,000
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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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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.