OFF MARKET

4/11 Molecombe Drive
Prospect Vale TAS 7250

Bedrooms: 7
Bathrooms: 4
Car spaces: 6
Floor area: 178m2
Land area: 2272m2
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Property Details for 4/11 Molecombe Dr, Prospect Vale

4/11 Molecombe Dr, Prospect Vale is a 7 bedroom, 4 bathroom House with 6 parking spaces and was built in 1830. The property has a land size of 2272m2 and floor size of 178m2.

Building Type
House
Year Built
1830
Floor Size
178m2
Land Size
2272m2
Local Government
Meander Valley
Lot/Plan
4/145648

Last Listing description (November 2023)

The original 1830's "Molecombe Cottage" spacious and full of history would make an ideal residence for friends, family or as an added income.
The cottage is very large and consists of 4 bedrooms, 2 bathrooms and 3 living areas, all services have been updated to modern comforts, but still retaining that lovely 1830s feeling.

The Main residence adjacent, constructed around fifteen years ago, is connected by a lockable twenty-foot glass Atrium to the cottage. This family home consists of 3 bedrooms, study, 2 bathrooms and two large open plan living area, there are also two balcony's upstairs, one off the study the other off the main bedroom that has its own Daikin inverter for all round comfort. From the lounge there are Bi Folding doors leading onto an extremely large deck that overlooks a huge but very private rear yard, ideal for entertaining for the largest of gatherings in privacy.

The two homes and grounds, that we are offering are all on one huge title covering over half an acre 2,269m2 in size and boasts - low maintained gardens, two large lawned areas, well established trees, a babbling brook (situated between yourself and the Casino Golf Course), 6m x 6m C/Bond garage and loads of extra parking. This whole package is situated at the rear of this magnificent complex, which boosts total privacy, absolute quiet, and a very affordable Body Corp, and best of all knowing that when you travel your asset are totally secure behind coded steel entry gates.
This package is ready for you to move straight in and enjoy or rent one or both out for a great return. Rental appraisals on file.
Call Peter today.

Property History for 4/11 Molecombe Dr, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$500/w
08 Aug 2023
  • 22 Jun 2023
    Listed for Rent $500 / week
  • 07 Dec 2022
    Listed for Sale $799,000
  • 06 Nov 2015
    Listed for Rent $300 / 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 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.