OFF MARKET

4 Ingamells Street
Prospect TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 174m2
Land area: 613m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 14 Oct 2024
Low

High
Save

Property Details for 4 Ingamells St, Prospect

4 Ingamells St, Prospect is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1985. The property has a land size of 613m2 and floor size of 174m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1985
Floor Size
174m2
Land Size
613m2
Local Government
Launceston
Lot/Plan
1/56977

Last Listing description (August 2023)

Introducing a potential investment opportunity that boasts two co-joined units in a sought-after location.

Tucked away behind privacy hedges, each of the units offers 2 bedrooms, both with built-ins, and its own carport. The street itself is flat, providing ease for walking in the area, making it an ideal location for anyone to live.

This solid brick property is low maintenance and leaves further opportunities for updates and growth. Currently occupied and with a potential return of up to 6% gross yield, this property offers an excellent opportunity to generate significant rental income.

Prospect is known for its conveniences with an array of shops, eateries, doctors, schools and playgrounds, you don't need to go far to find what you need.

An opportunity not to be missed, call today for your private inspection.

*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.

Boundary lines are indicative only.

Property History for 4 Ingamells St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$641,000
31 Jul 2023
  • 31 Jul 2023
    Sold for $641,000
  • 09 May 2023
    Listed for Sale $640,000
  • 17 Jul 2015
    Sold for $307,000
Sign in to see more transactions

Commute Calculator

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 73.71% increase in median value, while Units have seen a 46.81% increase. As at 30 September 2024:

  • The median value for Houses in Prospect is $570,201 while the median value for Units is $403,289.
  • Houses have a median rent of $488 while Units have a median rent of $395.
There are currently 4 properties listed for sale, and 3 properties 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

Market Insights
Prospect Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Prospect Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.