OFF MARKET

5 Prospect Street
Prospect TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 194m2
Land area: 829m2
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Last updated 4 Nov 2024
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Property Details for 5 Prospect St, Prospect

5 Prospect St, Prospect is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 829m2 and floor size of 194m2.

Building Type
House
Floor Size
194m2
Land Size
829m2
Local Government
Launceston
Lot/Plan
3/218080

Property History for 5 Prospect St, Prospect, TAS 7250

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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.

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