SOLD
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Sold on 05 Jul 2024 for $440,000

267 Westbury Road
Prospect TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 81m2
Land area: 771m2
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Property Details for 267 Westbury Rd, Prospect

267 Westbury Rd, Prospect is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 771m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Prospect in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
81m2
Land Size
771m2
Local Government
Launceston
Lot/Plan
1/148681

Last Listing description (July 2024)

This cute 3-bedroom home enjoys a desirable north-facing position, bathing the interior in plenty of natural sunlight. Well maintained by a long-term tenant, the property features modern updates in the kitchen and bathroom. Perfect for the astute investor, or entry for first home buyers.

Key Features:
- Upon entry, you are greeted by the warm living area, serviced by central reverse-cycle heatpump

- Three bedrooms, two with built-in-robes
- Well-appointed kitchen with modern appliances, including a dishwasher for added convenience
- Renovated bathroom with free-standing bath and separate shower
- Private and secure back yard, with plenty of grassy space
- Polished timber flooring throughout
- Covered parking for one car, plus additional storage space
- Bus stop just 50 meters from the front door

Situated in a popular Prospect, this property is just a short stroll from Prospect Vale Marketplace, St Patrick's College and Prospect High School, and only a 7-minute drive to Launceston CBD, offering convenience and accessibility.

The property is currently tenanted at $440 per week with a fixed lease until January 2025, providing a reliable and attractive rental return, with a gross rental yield above 5%.

Year: 1950
Build Size: 81m2
Land Size: 771m2

Jenkins & Co Property Tasmania have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 267 Westbury Rd, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$440,000
05 Jul 2024
Listed for Rent
$440/w
18 Aug 2023
  • 05 Jul 2024
    Sold for $440,000
  • 30 Jan 2024
    Listed for Sale $465,000
  • 22 Jun 2023
    Listed for Rent $440 / 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 1,008 properties. Over the last 5 years, Houses in Prospect have seen a 72.87% increase in median value, while Units have seen a 62.52% increase. As at 31 July 2024:

  • The median value for Houses in Prospect is $559,123 while the median value for Units is $427,772.
  • Houses have a median rent of $488 while Units have a median rent of $408.
There are currently 7 properties listed for sale, and 1 property listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Prospect.

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Claire Coleman
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Phillipa Jenkins
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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.