OFF MARKET

8 Kate Reed Drive
Prospect Vale TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 213m2
Land area: 820m2
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Property Details for 8 Kate Reed Dr, Prospect Vale

8 Kate Reed Dr, Prospect Vale is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 820m2 and floor size of 213m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
House
Year Built
2018
Floor Size
213m2
Land Size
820m2
Local Government
Meander Valley
Lot/Plan
126/161889

Last Listing description (February 2019)

Situated on an elevated block is this recently built family home which is definitely a 'Must See' for any new home buyers.
The large entrance, over-sized door and polished concrete floor makes for a grand first impression and sets the tone for this quality home.
The home comprises of 4 bedrooms, with the master having a walk in robe and a superb en-suite. The beautifully refined open plan kitchen/dining/lounge area receives great natural light plus there is the added benefit of a formal living area. There is also a useful study or home office.

The downstairs 4th bedroom or rumpus room has been set up as a home bar which adds to the functionality of the home.
Outside is a modernly designed and functional undercover entertainment area which would make for a great place to relax with friends or family.
There is also a large 2 car garage with internal access to the home.
With a trendy colour scheme, ducted heating and quality appliances throughout, 8 Kate Reed Drive, Prospect Vale is nothing short of impressive and will tick boxes for a lot of buyers. For your very own private inspection, please call Duncan Morrison at Ray White Launceston today.

Property History for 8 Kate Reed Dr, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$492,000
21 Dec 2018
  • 21 Dec 2018
    Sold for $492,000
  • 14 Dec 2018
    Listed for Sale Not Disclosed
  • 13 Dec 2012
    Sold for $84,000

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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.