OFF MARKET

3 Morris Street
Prospect TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 577m2
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Property Details for 3 Morris St, Prospect

3 Morris St, Prospect is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1968. The property has a land size of 577m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1968
Floor Size
116m2
Land Size
577m2
Local Government
Launceston

Last Listing description (October 2021)

This three-bedroom home is located within walking distance of St Patrick's College, Prospect High School and Prospect Vale Marketplace. The home is situated on a generous sized block and offers excellent renovation potential. A great opportunity for families, investors and renovators alike!

Low maintenance home in a convenient and sought-after location
Generous layout with four bedrooms or three plus a study

Large kitchen with ample storage space
Sheltered double carport
Generous block with plenty of space for children and pets or great landscaping potential
Good natural light throughout
Ideally located in a family-friendly neighbourhood within walking distance of schools, shops, public transport and services
Excellent renovation or development potential (STCA)

Council rates: $1,140 p/a approx.
Water rates: $250 p/q approx.
Building size: 95m2 approx.
Land size: 577m2 approx.
Year built: 1968
Rental estimate: $400 per week

Key2 Property have obtained all information in the 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 3 Morris St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$465,000
07 Oct 2021
  • 07 Oct 2021
    Sold for $465,000
  • 27 Sep 2021
    Listed for Sale Best Offer Over $375,000
  • 27 Aug 2008
    Listed for Sale $242,000

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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 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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