1/15 Palmerston Avenue, Prospect, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1/15 Palmerston Avenue
Prospect TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 91m2
Land area: 292m2
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Property Details for 1/15 Palmerston Ave, Prospect

1/15 Palmerston Ave, Prospect is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 292m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2014
Floor Size
91m2
Land Size
292m2
Local Government
Launceston
Lot/Plan
1/169299

Last Listing description (September 2022)

Positioned in a quality street amongst other near new dwellings is this near new unit. Built in 2014, this is one of two units on the block, with no active body corporate.

On entrance to the unit, you will be impressed with the immaculate condition of the home and its practical floor plan. To the left is the sunny main bedroom, complete with built-ins and ensuite. The hall leads you to the open plan living area, which has a quality kitchen and sliding door leading to the outdoor area.

The second bedroom which overlooks the garden also has built ins, and the main bathroom has a large bath, separate shower and separate toilet. The home also has a large linen closet and a broom closet. The rear yard is fully fenced, and low maintenance.

In summary, the features of this quality unit are:
- One of two units, in a desirable neighbourhood;
- No active body corporate (no body corporate fees);
- Open plan living with quality-built kitchen, complete with dishwasher;
- Both bedrooms with built-ins, master with ensuite;
- Double garage;
- Outside area with small garden, and is fully fenced.

Only a few minutes from the CBD, this unit is close to all services and shops in both Summerhill and Prospect.

Year Built: 2014
House Size: 130m2
Land Size: 292m2
Municipality: Launceston City
School Catchments: Summerdale Primary, Prospect High
Zoning: General Residential

Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 1/15 Palmerston Ave, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$540,000
07 Jul 2022
Listed for Rent
$350/w
24 Jul 2015
  • 07 Jul 2022
    Sold for $540,000
  • 27 Jun 2022
    Listed for Sale Offers Over $545,000
  • 14 Oct 2015
    Sold for $329,000
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About Prospect 7250

The size of Prospect is approximately 6.6 square kilometres. It has 9 parks covering nearly 19.4% of 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 1,002 properties. Over the last 5 years, Houses in Prospect have seen a 63.89% increase in median value, while Units have seen a 65.64% increase. As at 31 January 2026:

  • The median value for Houses in Prospect is $650,587 while the median value for Units is $472,267.
  • Houses have a median rent of $520 while Units have a median rent of $470.
There are currently 5 properties listed for sale, and no properties listed for rent in Prospect on OnTheHouse. According to Cotality's data, 35 properties were sold in the past 12 months in Prospect.

Suburb Insights for Prospect 7250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.