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Sold on 24 Apr 2024 for $450,000

1/23 Molecombe Drive
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 1/23 Molecombe Dr, Prospect Vale

1/23 Molecombe Dr, Prospect Vale is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Prospect Vale in the last 12 months.

Building Type
Unit
Local Government
Meander Valley
Lot/Plan
1/138923

Last Listing description (April 2024)

Introducing this charming 2-bedroom residence in a serene locale, just a brief 10-minute drive from Launceston. This inviting home features a master bedroom complete with a built-in robe, an open-plan kitchen and dining area, and a generously sized living room. Enjoy the convenience of a bathroom equipped with both a bath and shower, along with separate toilet and laundry space.

Set in a peaceful neighbourhood, this property offers low-maintenance grounds for effortless upkeep. Situated close to schools, Prospect Vale Marketplace, and Country Club Golf Course, this home harmoniously blends convenience with leisure, promising a lifestyle of ease and enjoyment.

An outstanding investment opportunity awaits, with current tenancy in place until April 2025, yielding $390 per week.

Year Built: 2003
Building size: 93m2
Land size: 437m2
Council rates: $355 p/q approx
Water rates: $287 p/q approx

The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.

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Property History for 1/23 Molecombe Dr, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$450,000
24 Apr 2024
Listed for Rent
$330/w
09 Apr 2021
  • 16 Apr 2024
    Sold for $450,000
  • 27 Mar 2024
    Listed for Sale $445,000 - $485,000
  • 31 Mar 2021
    Listed for Rent $330 / week
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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.

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Jessie Bates
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