OFF MARKET

2/88 Stanley Street
Prospect TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 220m2
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Property Details for 2/88 Stanley St, Prospect

2/88 Stanley St, Prospect is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2008. The property has a land size of 220m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
2008
Floor Size
85m2
Land Size
220m2
Local Government
Launceston
Lot/Plan
2/153781

Last Listing description (January 2023)

Introducing 2/88 Stanley Street, Prospect to the market. An immaculate brick-veneer unit with open plan living and dining area, lovely kitchen with generous storage and quality appliances, two great-sized bedrooms with built-in wardrobes, stylish bathroom with separate toilet and laundry, lock-up garage and off-street space and great under-cover back-yard entertaining space. Freshly painted interior throughout and professionally cleaned ready for sale. Perfect for downsizers or retirees, first and second home buyers, singles, couples and investors. Located in a fantastic position, a stroll to the Prospect shopping complex and supermarket and close to schools, shops, all amenities and public transport. There are four units in the complex with easy access to unit 2. Great rental return! Sure to be a popular opportunity!

Built: 2008
Building SIze: 112m2

Land Size: 220m2
Council Rates: Approx. $1300 per year
Water Rates: Approx. $1000 per year
Rental Estimate: $430-$450 per week
Zoning: General Residential
Body Corporate: 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 2/88 Stanley St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$445,000
17 Nov 2022
  • 17 Nov 2022
    Sold for $445,000
  • 10 Oct 2022
    Listed for Sale Offers over $439,000
  • 03 Apr 2008
    Sold for $248,500

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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 73.71% increase in median value, while Units have seen a 46.81% increase. As at 30 September 2024:

  • The median value for Houses in Prospect is $570,201 while the median value for Units is $403,289.
  • Houses have a median rent of $488 while Units have a median rent of $395.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Prospect.

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