OFF MARKET

115 Stanley Street
Prospect TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 102m2
Land area: 669m2
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Property Details for 115 Stanley St, Prospect

115 Stanley St, Prospect is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 669m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1960
Floor Size
102m2
Land Size
669m2
Local Government
Launceston
Lot/Plan
26/19929

Last Listing description (March 2022)

In a coveted suburb of Launceston, this property is perfect for both the astute investor or those looking to enter the market. Enjoying a northern facing backyard, with the potential for further alterations to make this property your own.

Recently renovated, with two good sized bedrooms, the master with built-ins. Updated kitchen, living and laundry. A large colour-bond fence at the front of the property for privacy and a fully fenced backyard suitable for pets.

Prominent features of this property include:

- Two good sized bedrooms, one with built-ins
- 6x6 meter shed, with power connected
- Daikin reverse cycle heat pump
- Recently updated throughout
- Fully fenced yard
- Separate study

An affordable entry into the market or prospect for continued capital growth and strong rental returns. Situated a short walk to the Summerdale Primary School, the Olde Tudor Shopping Complex, St Patrick's College, doctors, supermarkets, cafe's and more.

Rental Estimate: $420 per week

Contact Lochie today to arrange your private inspection.

Living Here Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 115 Stanley St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$505,000
05 Feb 2022
  • 18 Mar 2022
    Listed for Sale Offers over $399,000
  • 05 Feb 2022
    Sold for $505,000
  • 01 Feb 2022
    Listed for Sale Offers over $399,000
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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 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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