OFF MARKET

3/99 Chris Street
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 336m2
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Property Details for 3/99 Chris St, Prospect Vale

3/99 Chris St, Prospect Vale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 336m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
Unit
Year Built
1994
Floor Size
74m2
Land Size
336m2
Local Government
Meander Valley
Lot/Plan
3/109485

Last Listing description (October 2016)

3/99 Chris Street, Prospect Vale is an excellent unit located in the sought after suburb of Prospect Vale. A neat and tidy home ideal for those who are looking to enter the market, invest or downsize. Offering a quality kitchen, open living and a decent sized bedroom with tidy bathroom.
This 2 bedroom brick unit has had many features which have been updated in recent times. Freshly painted throughout, new floor coverings, new rear fence and the list goes on. The unit is heated by an electric wall heater to keep you warm in winter and the fly screens have been replaced so open up the windows and let in the breeze on the warmer days.
The unit is one of four in the complex and is set back from the road by an internal driveway. The surrounding grounds are low maintenance with minimal up keep required, great for those who don't have a lot of time on their hands or those seeking a low maintenance investment. On these grounds is a decent sized garden shed which provides additional storage for the unit.

With an excellent tenant paying $215 per week this is an excellent investment opportunity.
This property is situated close to all essential conveniences of the Prospect Vale Marketplace where you have a range of all the essential conveniences including; a medical centre, a butcher, take away options, Woolworths Supermarket, Reject Shop, the Florist, Newsagency, Post Office, Bottle shop and Petrol Station. Adding to this is the bonus of schools nearby and public transport. With all of which this property includes you have an absolute winner, whether you are looking to invest, downsize or looking for your first home.
Rates $900per annum approx
Land Size: 336m2 (approx)
Year Built: 1994
Local council: Meander Valley
Building Size: 74m2 (approx)
Rental Receiving: $215pw
Lease Exp: 19/12/16

Property History for 3/99 Chris St, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$181,000
15 Sep 2016
Listed for Rent
$210/w
18 Jun 2015
  • 15 Sep 2016
    Sold for $181,000
  • 27 Aug 2016
    Listed for Sale $169,000 - $209,000
  • 19 Oct 2015
    Listed for Sale $185,000
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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.