OFF MARKET

11 Prospect Street
Prospect TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 115m2
Land area: 868m2
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Last updated 11 Nov 2024
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Property Details for 11 Prospect St, Prospect

11 Prospect St, Prospect is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1958. The property has a land size of 868m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1958
Floor Size
115m2
Land Size
868m2
Local Government
Launceston
Lot/Plan
6/61007

Last Listing description (June 2024)

Experience expansive views and prime residential living at 11A Prospect Street, where panoramic vistas stretch across Launceston and towards Mount Barrow. Nestled in a coveted elevated position, this 504 sqm* parcel of land offers an exceptional opportunity to build your dream home in a desirable location.

Situated conveniently close to both the CBD and the essential services of Prospect, this property ensures effortless access to everything you need. Zoned General Residential, it provides flexibility for various housing designs, making it ideal for those seeking to capitalise on Launceston's thriving property market.

Imagine waking up to stunning easterly views every morning, with the promise of a build-ready site that awaits your architectural vision. Whether you envision a contemporary masterpiece or a charming family residence, this site caters to all aspirations with its ready-to-build status and strategic location.

Seize this rare opportunity to secure your slice of elevated living in Launceston. Your dream home starts here.

(*approx.)

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Property History for 11 Prospect St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$435,000
20 Apr 2021
Listed for Rent
$450/w
03 May 2021
  • 28 Jun 2024
    Listed for Sale Offers over $250,000
  • 20 Apr 2021
    Sold for $435,000
  • 20 Apr 2021
    Listed for Rent $472 / week
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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 2 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Prospect.

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