62 Cowley Cres, Prospect is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 558m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
This corner property should be at the front of every investor's mind. A 558 square meter corner block has the potential to be a great investment property as is, or developed for greater value STCA.
With great rental return in the areas surrounding this would be perfect to build your portfolio as is, or to build a granny flat STCA with an already separate access gate to the corner-most side. All of your investment plans culminate here.
The existing home is very spacious giving great opportunity for any family to move in. There are three spacious bedrooms and a fourth in the form of the front living room which could be transformed into a fantastic master bedroom.
The kitchen and living space are a modern addition with great access out into the yard letting plenty of light into the spaces you use most. The plus sized laundry and ample storage spaces will be a great setting for a family of every and any size.
Both the back and side yards are connected currently but would be easily separated if improvements were wanted to the property while still allowing great yard space for both.
Don't miss out on this great opportunity, enquire now at ResponseRE!
The size of Prospect is approximately 13.9 square kilometres. It has 18 parks covering nearly 116.0% of total area. The population of Prospect in 2016 was 4716 people. By 2021 the population was 5187 showing a population growth of 10.0% in the area during that time. The predominant age group in Prospect is 30-39 years. Households in Prospect are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prospect work in a professional occupation.In 2021, 77.00% of the homes in Prospect were owner-occupied compared with 80.90% in 2016.
Prospect has 2,296 properties. Over the last 5 years, Houses in Prospect have seen a 54.26% increase in median value, while Units have seen a 21.82% increase. As at 30 April 2026:
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