1/8-10 Trotters Lane, Prospect, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1/8-10 Trotters Lane
Prospect TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 296m2
Land area: 296m2
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Property Details for 1/8-10 Trotters Lane, Prospect

Building Type
Commercial
Floor Size
296m2
Land Size
296m2
Local Government
Launceston

Last Listing description (August 2017)

An opportunity to acquire a commercial building for you to stamp your business name. With interest rates at attractively low levels, you do the numbers on the value of your business operating from these premises.
The property meets all the criteria of an astute purchase being location, profile, low maintenance building and versatility. Clearance height of 4.8 metres.
Site area: 296sqm

Building area approximately:
Warehouse 205sqm
Office amenities 75sqm
Mezzanine meeting 30sqm
Mezzanine storage 45sqm
Offers over $390,000 will be presented.

Property History for 1/8-10 Trotters Lane, Prospect, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
12 May 2017
  • 03 Aug 2017
    Listed for Sale Not Disclosed
  • 02 Mar 2017
    Listed for Rent - Price not available
  • 15 Dec 2016
    Listed for Rent - Price not available
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About 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 57.10% increase in median value, while Units have seen a 58.85% increase. As at 31 July 2026:

  • The median value for Houses in Prospect is $732,905 while the median value for Units is $540,931.
  • Houses have a median rent of $570 while Units have a median rent of $520.
There are currently 3 properties listed for sale, and 1 property listed for rent in Prospect on OnTheHouse. According to Cotality's data, 43 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.