1/43 Morris Street, Prospect, TAS 7250 | Unit for sale | OnTheHouse
 
FOR SALE
Offers Over $495,000 each

1/43 Morris Street
Prospect TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 81m2
Land area: 131m2
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Freshly Updated, Comfortable & Convenient

Whether you're looking for a smart investment, downsizing opportunity or an easy-care home, this freshly updated 2 bedroom unit offers an appealing combination of comfort, privacy and convenience.
Set on a block of just two units, Unit 1 has been freshly painted throughout and features brand-new carpet, giving the home a bright and refreshed feel from the moment you step inside. The practical floorplan offers 2 comfortable bedrooms with built-in robes, a well-appointed bathroom and the added convenience of a separate toilet. The living area provides a welcoming space to relax, while outside there is a private courtyard and a single carport for off-street parking, plus an additional parking space for visitors. Adding to the sense of space and privacy, the property backs directly onto a sporting field, creating a pleasant open outlook and a feeling of extra room without the maintenance.
For investors, the property presents an excellent opportunity, with Unit 2 also currently available for purchase. Unit 2 is currently leased until February 2027 at $540 per week, providing an attractive income stream for the new owner.
Located in popular Prospect, you're close to local shops, schools, services and public transport, while being just a short drive from Launceston's CBD.
Unit 1/43 Morris St at a glance:
• Freshly updated 2 bedroom unit in a quiet complex of just 2 units
• Single carport, private courtyard and backs onto sporting field
• Conveniently located close to schools, shopping and transport
• Ideal for downsizers, first-home buyers or investors
• Opportunity to secure both units and maximise your investment potential
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Property Details for 1/43 Morris St, Prospect

1/43 Morris St, Prospect is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1992. The property has a land size of 131m2 and floor size of 81m2. The place is currently for sale with Roberts Real Estate Launceston.

Building Type
Unit
Year Built
1992
Floor Size
81m2
Land Size
131m2
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About Prospect 7250

The size of Prospect is approximately 6.6 square kilometres. There are 9 parks, covering nearly 19.4% of the total area. The population of Prospect in 2016 was 1722 people. By 2021 the population was 1908 showing a population growth of 10.8% in the area during that time. The predominant age group in Prospect is 20-29 years. Households in Prospect are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Prospect work in a professional occupation.In 2021, 65.10% of the homes in Prospect were owner-occupied compared with 63.70% in 2016.

Prospect has 1,003 properties. Over the last 5 years, Houses in Prospect have seen a 57.10% increase in median value, while Units have seen a 58.85% increase. As at 31 July 2026:

  • The median value for Houses in Prospect is $732,905 while the median value for Units is $540,931.
  • Houses have a median rent of $570 while Units have a median rent of $520.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Prospect on OnTheHouse. According to Cotality's data, 45 properties were sold in the past 12 months in Prospect.

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Jess Christmas
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Roberts Real Estate Launceston
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