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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

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.

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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 1,009 properties. Over the last 5 years, Houses in Prospect have seen a 69.85% increase in median value, while Units have seen a 52.65% increase. As at 30 November 2024:

  • The median value for Houses in Prospect is $561,056 while the median value for Units is $424,669.
  • Houses have a median rent of $498 while Units have a median rent of $420.
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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