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Sold on 08 Jan 2024 for $570,000

298 Westbury Road
Prospect Vale TAS 7250

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 240m2
Land area: 1413m2
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Property Details for 298 Westbury Rd, Prospect Vale

298 Westbury Rd, Prospect Vale is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1413m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 5 bedroom House sold in Prospect Vale in the last 12 months.

Building Type
House
Floor Size
240m2
Land Size
1413m2
Local Government
Meander Valley
Lot/Plan
10/74796

Last Listing description (January 2024)

This inviting 5-bedroom family home, with the potential to create a 6th bedroom, offers a range of exciting possibilities for its fortunate new owner. Situated in a prime location, this property is not only perfect for a large or growing family but also presents an excellent opportunity for potential rental income through the option to rent out rooms individually.

With five generously sized bedrooms, there's plenty of room for a growing family. Plus, the potential to convert a space into a 6th bedroom.

This home is an ideal investment for those looking to maximize their income. Rent out rooms individually to students, tenants, or guests and enjoy the financial benefits.

The great outdoor area, complete with a refreshing pool, is perfect for entertaining family and friends. Whether you're hosting a barbecue, enjoying a summer evening, or simply relaxing by the poolside, this space offers endless possibilities.

The main bedroom boasts a large ensuite, ensuring a private and comfortable retreat for the head of the household.

Nestled in a convenient location, you're just a stone's throw away from Prospect Shopping Mall. The property is also close to Launceston CBD, making your daily commute a breeze.

For families with school-age children, there are excellent schools in the vicinity, ensuring a quality education is always within reach.

This property provides an ideal blend of space, comfort, and affordability, making it an attractive option for a large or growing family.

Don't miss out on the opportunity to make this versatile and spacious family home your own. Embrace the potential, enjoy the convenience, and create a comfortable and welcoming space.

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Property History for 298 Westbury Rd, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$570,000
08 Jan 2024
  • 14 Dec 2023
    Sold for $570,000
  • 24 Oct 2023
    Listed for Sale Not Disclosed
  • 10 Mar 2006
    Sold for $230,000

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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 2,910 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.

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Michael Dearsley
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Siofra Egan
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