OFF MARKET

3/7 Bruce Street
Prospect TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 42m2
Land area: 75m2
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Property Details for 3/7 Bruce St, Prospect

3/7 Bruce St, Prospect is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 75m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
Unit
Year Built
1985
Floor Size
42m2
Land Size
75m2
Local Government
Launceston
Lot/Plan
3/136571

Last Listing description (October 2018)

* Neat one bedroom brick unit with over 6% yield
* A great tenant in place with a lease until March 2019
* Located in popular Prospect within walking distance to shops and supermarket

* Convenience on air conditioning
* End unit with a private courtyard
* Great investment opportunity with nothing to do
* Off street parking
* Close to quality public and private schools, shops & supermarket
* NBN connected

Contact Jeremy Wilkinson for your inspection.
Rental return: $190 per week (leased until 8/3/19)
Inspections: At least 48 hours' notice required
Unit size: 42m
Land size: 75m
Built: 1985
Rates: $931 pa approx
Body Corporate: $724 pa appro
Council Zoning: 10.0 General Residential
Council: Launceston City
Heritage listed: No
*All measurements are approximate

Property History for 3/7 Bruce St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$142,500
05 Sep 2018
Listed for Rent
$190/w
02 Mar 2018
  • 05 Sep 2018
    Sold for $142,500
  • 04 Jul 2018
    Listed for Sale Best Offer Over $139,000
  • 20 Feb 2018
    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 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 9 properties listed for sale, and 3 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 39 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.