81 Prospect Road, Prospect is prominently situated on the corner of Prospect Road and Labrina Avenue with excellent and convenient access. Comprising both retail and office tenancies, the center has recently undergone a complete refurbishment including the installation of natural anodized aluminium shop fronts, the external columns tiled with a 600mm x 300mm porcelain glazed (Charcoal colored) tile, all internal walls and ceilings lined with plasterboard and painted paper white, appropriate floorings installed, new kitchenette, unisex / disabled toilet and recessed T5 lighting throughout, serviced by reverse cycle split air conditioners.
The available retail shop is currently utilised as an established beauty salon and there is the opportunity to purchase the existing infrastructure / business as the current owner is leaving to start up a family. Other retail and office uses will also be considered.
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 7,120 properties. Over the last 5 years, Houses in Prospect have seen a 95.15% increase in median value, while Units have seen a 80.18% increase. As at 31 December 2025:
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