31 Elizabeth St, Prospect is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1926. The property has a land size of 559m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
Auction Sunday 7 February at 1PM
What a great offering, a fantastically well located circa 1926 Bungalow home in Prospect bordering exciting urban renewal projects and only a hop skip and a jump to the Cane Reserve. What an exciting opportunity to do your own thing on this substantial 50 by 120 . The property features two large bedrooms plus a sleep-out, a galley style kitchen adjacent a separate dine, formal living and a bathroom with shower over bath. There are good size gardens with shedding and of course that valuable rear access.
Renovate and reap the rewards do the hard work and own a 1920 s character home in great near city location or redevelop the existing site into the family home of your dreams (STCC).
The size of Prospect is approximately 5.0 square kilometres. It has 18 parks covering nearly 3.1% of total area. The population of Prospect in 2016 was 13280 people. By 2021 the population was 14584 showing a population growth of 9.8% in the area during that time. The predominant age group in Prospect is 20-29 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, 62.80% of the homes in Prospect were owner-occupied compared with 65.10% in 2016.
Prospect has 7,139 properties. Over the last 5 years, Houses in Prospect have seen a 92.15% increase in median value, while Units have seen a 81.96% increase. As at 31 March 2026:
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