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Sold on 26 Aug 2024 for $550,000

8 Braeside Street
Prospect TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 125m2
Land area: 587m2
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Property Details for 8 Braeside St, Prospect

8 Braeside St, Prospect is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1962. The property has a land size of 587m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Prospect in the last 12 months.

Building Type
House
Year Built
1962
Floor Size
125m2
Land Size
587m2
Local Government
Launceston
Lot/Plan
15/54867

Last Listing description (August 2024)

This charming 1960s red brick home boasts the timeless architectural features of its era, offering large, well-proportioned rooms filled with natural light. With its classic design and solid construction, this property provides a perfect blend of charm and spacious living.

Key Features:
- Well-designed spacious kitchen with oodles of cupboards and bench space.

- All three bedrooms are of great size and offer built in robes
- Updated bathroom with separate toilet
- North-facing and flooded with all day sunlight
- Low maintenance grassy backyard
- Remote garage with room for two vehicles
- Electric reverse-cycle heatpump
- Views to Launceston and to Mount Barrow

House: 125m2
Land: 587m2
Year: 1962

Jenkins & Co Property Tasmania have obtained all information in this 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 8 Braeside St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$550,000
26 Aug 2024
  • 26 Aug 2024
    Sold for $550,000
  • 13 Aug 2024
    Listed for Sale Offers over $570,000
  • 26 Oct 2021
    Sold for $532,000
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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 NaN 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 no properties listed for sale, and no properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Prospect.

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Phillipa Jenkins
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