OFF MARKET

1/16 Bimbimbi Avenue
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 224m2
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Property Details for 1/16 Bimbimbi Ave, Prospect Vale

1/16 Bimbimbi Ave, Prospect Vale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 224m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1982
Floor Size
88m2
Land Size
224m2
Local Government
Meander Valley
Lot/Plan
1/57743

Last Listing description (November 2020)

The heading says it all with this ultra neat unit, a mere "hop, step and a jump" from the Prospect Valle Market Place shopping complex. Tucked away in a no through road you will have a simple 100 meter walk to the bus stop for a direct 7-minute commute into Launceston CBD. The unit has an open plan design with a "near new" bathroom being a highlight and both bedrooms with built-in robes while you may want to invest in new carpet to give it a more modern feel. A large laundry greets you on the way out to a spacious and very private courtyard you can turn into your own private oasis. Another highlight is a direct internal entry from your remote control garage, making it a safety bonus as well as a convenience. Outside you have an array of colorful plant life in a low maintenance garden and only minutes away from the Launceston Country Club with all its amenities including an 18 hole golf course. Convenience is a word that raises its head when considering this property.

Land Size: 224 sq meters
Building Size: 88sq meters

Year Built: 1982
Local Council: Meander
NBN: Yes

We have in preparing this document used our best endeavors to ensure the information is true & accurate. Prospective purchaser are advised to carry out their own investigations

Property History for 1/16 Bimbimbi Ave, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$285,000
21 Nov 2020
  • 21 Nov 2020
    Sold for $285,000
  • 03 Nov 2020
    Listed for Sale $285,000-$310,000
  • 17 Jul 2019
    Sold for $275,000
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About Prospect Vale 7250

The size of Prospect Vale is approximately 10 square kilometres. It has 16 parks covering nearly 10.6% of total area. The population of Prospect Vale in 2011 was 5,020 people. By 2016 the population was 5,067 showing a population growth of 0.9% in the area during that time. The predominant age group in Prospect Vale is 50-59 years. Households in Prospect Vale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Prospect Vale work in a clerical occupation. In 2011, 72.9% of the homes in Prospect Vale were owner-occupied compared with 70.9% in 2016.

Prospect Vale has 2,909 properties. Over the last 5 years, Houses in Prospect Vale have seen a 60.26% increase in median value, while Units have seen a 46.07% increase. As at 31 October 2024:

  • The median value for Houses in Prospect Vale is $636,755 while the median value for Units is $401,654.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Prospect vale on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Prospect vale.

Suburb Insights for Prospect Vale 7250

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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.