SOLD
Sold on 20 Jun 2024 for $400,000

48/12 Casino Rise
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 268m2
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Property Details for 48/12 Casino Rise, Prospect Vale

48/12 Casino Rise, Prospect Vale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 268m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Prospect Vale in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
86m2
Land Size
268m2
Local Government
Meander Valley
Lot/Plan
48/57099

Last Listing description (August 2018)

Situated in a private cul-de-sac of the complex, this lovely unit will ensure you have your own space, yet there is someone on hand for assistance should you need it, along with a 24/7 Medic Alert System for peace of mind. Featuring 2 generous bedrooms with built in robes, updated kitchen with dishwasher, reverse cycle heating/cooling, floating floor throughout the living areas, and a single garage. Purchasing a unit in the Launceston Residential Retirement Village will give you the opportunity to enjoy retirement your way. All Residents are entitled to use the clubroom and facilities, as an extension of their units, which offers a wide range of regular functions and social activities. There's a lovely in ground heated pool, outdoor BBQ facilities and entertainment area which also can be used by resident for private functions with their family and friends. Adjacent to the golf course and just a 3 minute drive to the Prospect Vale Market Place for all your shopping and conveniences, it's certainly the perfect place to retire.

Property History for 48/12 Casino Rise, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$400,000
20 Jun 2024
  • 20 Jun 2024
    Sold for $400,000
  • 26 Feb 2018
    Sold for $215,000
  • 25 Oct 2017
    Listed for Sale $220,000 - $235,000
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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 2,908 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.