OFF MARKET

2/5 Palmerston Avenue
Prospect TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 110m2
Land area: 428m2
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Property Details for 2/5 Palmerston Ave, Prospect

2/5 Palmerston Ave, Prospect is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 2014. The property has a land size of 428m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2014
Floor Size
110m2
Land Size
428m2
Local Government
Launceston
Lot/Plan
2/167083

Last Listing description (August 2022)

Tucked away in a peaceful and private pocket of Prospect, this simple yet stylish townhouse is cleverly positioned to feel private yet protected. Built in 2014 and immaculately maintained, if you are looking to downsize in comfort, why settle for anything less?

Featuring everything you would expect from a modern unit, it is ready to move into, just unpack and enjoy - 2 well sized bedrooms with built in robes, large central bathroom, generous open plan lounge, dining and kitchen, reverse cycle heat pump for heating and cooling, ample storage cupboards and internal access to a double garage with laundrette.

Perfectly positioned just a short walk to Olde Tudor shopping complex, Summerhill Medical Centre, schools, bus stops and service not to mention only minutes from all the Launceston has to offer.


2/5 Palmerston Ave at a glance:
Modern unit built in 2014
Double garage with internal access
Open plan living, dining & kitchen
Private patio area and secure yard for pets
Only one of two dwellings on the block
Walking distance to shops and services

Additional Information:
Council: Launceston City
Rates: Approx. $1,900
Water: Approx. $1,000 plus usage
Body Corporate: Not active, no fee
Mains gas connection

Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements are approximate.

Property History for 2/5 Palmerston Ave, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$521,000
30 Jun 2022
  • 30 Jun 2022
    Sold for $521,000
  • 21 Jun 2022
    Listed for Sale Offers Over $515,000
  • 27 Jul 2018
    Sold for $339,000
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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.