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.
PROPERTY FEATURES:
- Recently constructed unit
- Master bedroom with walk in robe and en suite
ABOUT THE AREA:
This unit is conveniently located with just a short walk to the Olde Tudor shopping complex with access to a supermarket, take away, chemist and medical center. Launceston CBD is a short drive away with many schools nearby.
TERMS OF TENANCY:
Rent: $520 per week
Available: 6th October 2023
Lease Length: 12 month lease preferred
Pet Policy: Pets are not considered
Inspection: Please register upon enquiry Appointments by inspection only
Apply: Online via realestate.com
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 66.57% increase in median value, while Units have seen a 59.83% increase. As at 30 November 2025:
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