SOLD
Sold on 20 May 2024 for $380,000

2/1 Kerby Court
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 356m2
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Key 2 Property
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Property Details for 2/1 Kerby Ct, Prospect Vale

2/1 Kerby Ct, Prospect Vale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 356m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Prospect Vale in the last 12 months.

Building Type
Unit
Year Built
1996
Floor Size
87m2
Land Size
356m2
Local Government
Meander Valley
Lot/Plan
2/122436

Last Listing description (May 2024)

Is 2/1 Kerby Court the next property in your investment portfolio?

Key2 Property would be delighted to show you through this low maintenance, 2-bedroom, 1 bathroom property in a quiet cul-de-sac in the heart of Prospect Vale.

Accepting offers over $399,000, and with a potential rental return of $380-$420 p/w, a gross rental yield of almost 5% could be easily achieved in the current market.

With a single car garage with internal access to the property, and with both bedrooms offering built in wardrobes- this property is bound to suit a range of potential tenants.
Open plan living and dining area, reverse cycle heating and cool and an easy to maintain flat rear yard and just some of the highlights that Kerby Court offers.
Reach out to the team to book an inspection and we would love to get the keys to your next investment into your hands.

Water rates: $200 p/q approx.
Land size: 356m2 approx.
Building size: 109m2 approx.
Year built: 1996

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 2/1 Kerby Ct, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$380,000
20 May 2024
  • 20 May 2024
    Sold for $380,000
  • 20 Mar 2024
    Listed for Sale Offers Over $399,000
  • 10 Aug 2001
    Sold for $93,500
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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.