OFF MARKET

8 Prospect Street
Prospect TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 558m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 8 Prospect St, Prospect

8 Prospect St, Prospect is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1966. The property has a land size of 558m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1966
Floor Size
110m2
Land Size
558m2
Local Government
Launceston
Lot/Plan
2/78855

Last Listing description (December 2023)

This neatly presented home is a rare find in the current market, offering comfort and convenience in the popular suburb of Prospect. Buyers will be impressed by this property which still has original 1960s interior timberwork and a lovely low maintenance garden. Although appearing relatively compact from the street, this home is actually set over two levels with a second toilet, laundry and a good size multi-purpose space located downstairs.

On the upstairs level the floorplan allows occupants plenty of options, with fantastic mountain views from all back windows. The room configuration here includes three bedrooms (all with built-ins), a sunroom and a lovely comfortable lounge. The sunlit open plan kitchen and dining area has been nicely updated and the home is efficiently heated and cooled by both electric and gas heating. The bathroom has a corner shower and bath, while there is the added convenience of a separate toilet.

An abundance of storage solutions are on offer here, including extra space under the house and a garden shed. Parking is also taken care of, with a single remote garage (internal access) and a carport, allowing for up to three vehicles to be parked off street.

This property is one not to be missed so call Rae today on 0455 445 300 to find out more.

Launceston City Council Rates: $1,698.87 per annum

TasWater Rates: $970.00 + usage per annum

Rental Appraisal (Property Wise Launceston): $490.00-$520.00 per week

Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided.

Property Code: 515

Property History for 8 Prospect St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$512,000
21 Nov 2023
  • 21 Nov 2023
    Sold for $512,000
  • 19 Oct 2023
    Listed for Sale Not Disclosed
  • 11 Jun 2010
    Sold for $262,000
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 69.85% increase in median value, while Units have seen a 52.65% increase. As at 30 November 2024:

  • The median value for Houses in Prospect is $561,056 while the median value for Units is $424,669.
  • Houses have a median rent of $498 while Units have a median rent of $420.
There are currently 6 properties listed for sale, and 2 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

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.