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Sold on 22 Jul 2024 for $430,000

1/62 Chris Street
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 124m2
Land area: 459m2
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Property Details for 1/62 Chris St, Prospect Vale

1/62 Chris St, Prospect Vale is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 459m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Prospect Vale in the last 12 months.

Building Type
House
Floor Size
124m2
Land Size
459m2
Local Government
Meander Valley

Last Listing description (July 2024)

Nestled in the highly desirable suburb of Prospect Vale, 1/62 Chris Street presents a neat and low-maintenance living option perfect for first-time buyers, downsizers, or investors. This standalone two-bedroom unit offers both privacy and convenience.
Inside, the property boasts two generously sized bedrooms, each equipped with built-in robes for ample storage. The central bathroom is designed for functionality, featuring a separate shower, bath, and toilet.
The open-plan main living and kitchen area is heated by a reverse cycle air conditioner, ensuring year-round comfort. The kitchen itself is a practical and efficient space, offering plenty of bench and cupboard storage to meet all your culinary needs.

Adding to the home's convenience, there is a separate laundry, providing easy access to the rear yard.
Outside, you'll find a low-maintenance yard complemented by a workshop and storage shed, perfect for additional storage or hobbies. The property also includes a single carport and extra parking space suitable for a caravan or trailer.
Situated close to a variety of amenities, this unit is just a stone's throw from Prospect Vale Market Place, St Patrick's College, Prospect High School, and the Olde Tudor Complex. Enjoy the convenience of nearby parks, sporting grounds, and the picturesque Kate Reed Reserve, all within walking distance.
With its blend of comfort, practicality, and prime location, 1/62 Chris Street is a fantastic opportunity to secure a quality home in one of Prospect Vale's most sought-after areas.
This property is currently tenanted unit November 2024 paying $390 per week.
- Spacious 2-bedroom unit;
- Open plan kitchen and dining area;
- Low maintenance yard;
- Close to all amenities.

Year Built: 1995
House Size: 124sqm
Land Size: 459sqm
Council Rates: $1,266pa approx
Water Rates: $1,000pa approx
Municipality: Meanders Valley Council
School Catchments: Summerdale Primary & Prospect High School

Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 1/62 Chris St, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$430,000
22 Jul 2024
Listed for Rent
$390/w
13 Dec 2023
  • 22 Jul 2024
    Sold for $430,000
  • 04 Jun 2024
    Listed for Sale Best Offers Over $425,000
  • 01 Dec 2023
    Listed for Rent $390 / 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 20 properties listed for sale, and 2 properties listed for rent in Prospect vale on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Prospect vale.

Suburb Insights for Prospect Vale 7250

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Richard Sims
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Erin O'Grady
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Sims For Property - Launceston
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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.