1/18 Palmerston AvenueProspect TAS 7250
Property Details for 1/18 Palmerston Ave, Prospect
1/18 Palmerston Ave, Prospect is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 311m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (June 2026)
Positioned within a quiet and well-maintained pocket of Prospect, this modern two-bedroom, two-bathroom home offers a stylish and low-maintenance lifestyle in a highly convenient location. Designed with functionality in mind, the home features a light-filled open-plan living, dining and kitchen area that forms the central hub of the property.Perfectly suited to professionals, couples or small families, this residence is ideally located close to local schools, shopping centres including Olde Tudor Complex, public transport and the Launceston CBD, providing exceptional convenience while still maintaining a peaceful residential setting.TERMS OF TENANCY:Rent: $560 per weekAvailable: 7th August 2026Lease Length: 12 month lease preferredPet Policy: At any stage before or throughout this tenancy, the tenant will be required to seek the owner's consent using the approved form to keep a pet at the premises.Inspection: Please register for inspections onlineApply: Online Realestate.com.auHOW TO APPLY:Submit your application via the "APPLY" button here on Realestate.com.auPROPERTY FEATURES:- Built in 2018- Master bedroom featuring walk-in robe and private ensuite- Additional bedroom fitted with built-in wardrobes- Light-filled open-plan kitchen, living and dining area- Modern kitchen with stone bench tops, quality appliances and ample storage- Main bathroom servicing upper level with modern fittings- Single garage with internal access into the home- Additional off-street parking space (total 2 car spaces)- Low-maintenance courtyard designed for easy care living- Reverse-cycle heating and cooling for year-round comfort- Easy-care grounds designed for low-maintenance lifestyle- Positioned within walking distance to Olde Tudor Shopping Complex- Close to Summerdale Primary, Prospect High School and St Patricks CollegeABOUT THE AREA:Prospect is one of Launcestons most established and convenient suburbs, known for its strong community feel, quality schools and easy access to everyday amenities. The area offers excellent proximity to the Olde Tudor shopping precinct, supermarkets, cafs and medical services, making daily living highly convenient.Located just minutes from the Launceston CBD and Launceston General Hospital, Prospect remains a highly sought-after location for families, professionals and investors seeking a balance of lifestyle, accessibility and modern suburban living.
Property History for 1/18 Palmerston Ave, Prospect, TAS 7250
- 26 Jun 2026Listed for Rent $560 / week
- 18 Aug 2023Listed for Rent $520 / week
- 12 Aug 2022Listed for Rent $520 / week
Recent sales nearby
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0About 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 1,002 properties. Over the last 5 years, Houses in Prospect have seen a 62.17% increase in median value, while Units have seen a 62.81% increase. As at 31 May 2026:
- The median value for Houses in Prospect is $732,853 while the median value for Units is $540,619.
- Houses have a median rent of $540 while Units have a median rent of $490.
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