OFF MARKET

2/18 Palmerston Avenue
Prospect TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
Land area: 334m2
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Property Details for 2/18 Palmerston Ave, Prospect

2/18 Palmerston Ave, Prospect is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 334m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2012
Floor Size
102m2
Land Size
334m2
Local Government
Launceston
Lot/Plan
2/164155

Last Listing description (February 2022)

*Click External Link to view the video walkthrough*

An absolute standout property in this price range. Where can you find an immaculate 2 bed, detached villa style unit with two bathrooms? They are extremely rare in our market right now, however we have found one for you!
Offering privacy and peace, located in an established new homes area with no construction going on. Set at the rear of the site and yet, still bathed in all day sun from its thoughtful design. Plenty of storage throughout, and super comfortable year-round due to the modern insulation, double glazing, and reverse cycle air conditioning.

A beautiful courtyard to enjoy gatherings with friends and family, as well as super low maintenance grounds surrounding the home. Single garage and internal access for yet more convenience.
Currently rented this home could be ready to occupy the first week of May 2022 if you wanted to move in. Alternatively, a great investment property with this stable lease in place and able to be renegotiated early next year.

Rental Appraisal: $460-$490pw
House size: 127m2
Land size: 334m2
Built: 2012
Rates: $1718 pa
Council Zoning: Residential
Council: City of Launceston
Heritage listed: No

**Harcourts 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. All measurements are approximate.

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Property History for 2/18 Palmerston Ave, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$570,000
31 Dec 2021
Listed for Rent
$270/w
19 Jun 2014
  • 31 Dec 2021
    Sold for $570,000
  • 13 Dec 2021
    Listed for Sale Best Offer Over $559,000
  • 17 Jun 2014
    Listed for Rent - Price not available
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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 1,008 properties. Over the last 5 years, Houses in Prospect have seen a 76.39% increase in median value, while Units have seen a 55.51% increase. As at 31 August 2024:

  • The median value for Houses in Prospect is $571,555 while the median value for Units is $414,600.
  • Houses have a median rent of $480 while Units have a median rent of $395.
There are currently 8 properties listed for sale, and 1 property listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Prospect.

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