SOLD
RECENT ADVICE
Sold on 03 Jan 2024 for $250,000

4/7 Bruce Street
Prospect TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 41m2
Land area: 61m2
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Property Details for 4/7 Bruce St, Prospect

4/7 Bruce St, Prospect is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 61m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Prospect in the last 12 months.

Building Type
Unit
Floor Size
41m2
Land Size
61m2
Local Government
Launceston
Lot/Plan
4/136571

Last Listing description (January 2024)

Are you in the market for a low-maintenance investment property that's perfect for singles or couples? Look no further than U4/7 Bruce Street in Prospect. This cosy unit is tailor-made for those seeking an uncomplicated living space.

1 Bedroom, 1 Bathroom:
This unit is thoughtfully designed with one bedroom and a functional bathroom. It's the perfect size for singles or couples looking for an easy-to-maintain living space.

Updated Kitchen:
The kitchen has been tastefully updated, providing a modern space for your culinary endeavours. Whether you enjoy cooking or simply need a convenient meal prep area, this kitchen has you covered.

Year-Round Comfort:
Stay comfortable in all seasons with the reverse cycle split system, ensuring a cosy environment throughout the year.

Off-Street Parking:
Enjoy the convenience of off-street parking with a single car space at the rear of the unit providing a secure space for your vehicle.

Low Maintenance:
U4/7 Bruce Street is the epitome of low-maintenance living, allowing you to spend your free time on your terms, not on property upkeep.

Proximity to Amenities:
Located within walking distance to shops, this property offers the ultimate in convenience. Shopping for daily necessities is just moments away.

If you're in the market for an investment property that caters to singles and couples, U4/7 Bruce Street, Prospect, is the perfect fit. Don't let this opportunity pass you by. Contact us today to arrange a viewing and explore the appeal of this unit in the desirable Prospect location. Currently tenanted at $235 per week, this property won't be available for long, so act swiftly to secure your ideal investment.

Property History for 4/7 Bruce St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$250,000
03 Jan 2024
Listed for Rent
$199/w
11 Sep 2019
  • 20 Dec 2023
    Sold for $250,000
  • 01 Nov 2023
    Listed for Sale Not Disclosed
  • 06 Sep 2019
    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 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.

Suburb Insights for Prospect 7250

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Contact agent
Wayne Riethoff & Bec Gardner
Show contact details
The Agency Tasmania
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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.