OFF MARKET

16 Kate Reed Drive
Prospect Vale TAS 7250

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 152m2
Land area: 808m2
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Property Details for 16 Kate Reed Dr, Prospect Vale

16 Kate Reed Dr, Prospect Vale is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 808m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
2015
Floor Size
152m2
Land Size
808m2
Local Government
Meander Valley
Lot/Plan
144/161889

Last Listing description (February 2023)

Designed in a manner that means its profile and proportions are defined by a modern timelessness, this inviting dual level home's elevated spaces are enhanced by an ideal setting close to Westbury Road shops, Prospect High School and Kate Reed Nature Reserve. It's a property that represents a brilliant combination of location, lifestyle and luxury.

The style starts with downstairs dimensions that deliver the first two bedrooms of a floor plan featuring five bedrooms in total. Excellent storage and a basement space with enticing 'man cave', work-shop or wine cellar possibilities add to the attraction.

A wide, welcoming solid timber staircase makes a style statement as it ascends to the upper level where the living/dining domain's polished floorboards flow to a substantial deck created with entertaining in mind. A second deck contributes further outdoor character while the open-plan kitchen's granite surfaces reflect a focus on enduring quality.

In a wing defined by the three further bedrooms, the main bedroom features a walk-in robe and a fabulous fully-tiled ensuite with a rainfall shower and a free-standing bath a beautiful space for beginning and ending each day.

A central family bathroom, an efficient Euro laundry and a study/office with a fitted desk complete an inside story that's complemented by ducted reverse cycle heating/cooling throughout.

Generous garden surroundings and easy off-street parking conclude a home of significant allure in a location that will remain in demand just as these spaces will retain their desirability.

Property History for 16 Kate Reed Dr, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$775,000
24 Jan 2023
Listed for Rent
$450/w
13 Sep 2016
  • 24 Jan 2023
    Sold for $775,000
  • 22 Dec 2022
    Listed for Sale Not Disclosed
  • 21 Mar 2017
    Listed for Sale $449,000 - $479,000
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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.