OFF MARKET

4/59 Morris Street
Prospect TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 236m2
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Property Details for 4/59 Morris St, Prospect

4/59 Morris St, Prospect is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 236m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
1993
Floor Size
80m2
Land Size
236m2
Local Government
Launceston
Lot/Plan
4/103577

Last Listing description (February 2020)

This outstanding unit is situated in a central pocket of Prospect and is ideal for those seeking a low maintenance life with all the benefits of convenience and comfort. Built in 1993, it offers everything you could ask for in a unit, all within close proximity to the shopping hub of Prospect, quality schools and Launceston's Country Club and golf course.Private and sunny with just 4 units on the block, this standalone dwelling is positioned to capture all-day sun. Featuring open plan living areas, a practical kitchen, 2 double bedrooms with built-in robes, and a tidy bathroom/laundry. The package is completed with a lovely paved entertaining area with pergola and decking.This unit will also appeal as a safe investment proposition with a current tenant in place until January 2020 at $475 per fortnight. Ideal for those thinking of investing now to retire later.4/59 Morris St at a glance:• Stylish stand-alone 2 bedroom unit• Built-in robes in both bedrooms• Single carport plus additional parking space for guests• Excellent outdoor entertaining areaDetails:• House size: 80m2• Land size: 236m2• Currently rented at: $475 per fortnight Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property History for 4/59 Morris St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$240,000
08 Oct 2019
  • 08 Oct 2019
    Sold for $240,000
  • 10 Sep 2019
    Listed for Sale Offers Over $239,000
  • 19 Dec 2007
    Sold for $189,000
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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 1,008 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 5 properties listed for sale, and 4 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 44 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.