1 Bruce Street, Prospect, TAS 7250 sold on 17 October 2025 | OnTheHouse
SOLD
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Sold on 17 Oct 2025 for $400,000

1 Bruce Street
Prospect TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 120m2
Land area: 576m2
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Property Details for 1 Bruce St, Prospect

1 Bruce St, Prospect is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 576m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 4 bedroom House sold in Prospect in the last 12 months.

Building Type
House
Floor Size
120m2
Land Size
576m2

Last Listing description (October 2025)

Calling all experienced builders and seasoned tradies – this is the opportunity you've been waiting for!

This 4 bedroom, 2 bathroom brick and tile home sits on a large corner block in a sought-after location, offering serious potential for those with the skills to bring it back to life.

Features:

· 4-5 spacious bedrooms

· 2 bathrooms with accessibility features

· Front ramp allowing for wheelchair access

· Fantastic corner block – room to expand, rebuild, or reimagine

· Excellent location – close to transport, shops, and schools

This is a rare chance to add real value, so if you've got the know-how, this could be your next great project. Serious buyers only – no time-wasters please.

A detailed Pre-Sale Building Report has already been completed for buyer convenience so contact Rae today to find out more.

Annual Launceston City Council Rates $2,123.91
Annual Taswater $1,578.36 + usage

Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided.

Property Code: 597

Property History for 1 Bruce St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$400,000
17 Oct 2025
  • 17 Oct 2025
    Sold for $400,000
  • 03 Sep 2025
    Listed for Sale Offers Over $395,000
  • 02 Sep 2008
    Sold for $210,000
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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 1,003 properties. Over the last 5 years, Houses in Prospect have seen a 64.70% increase in median value, while Units have seen a 59.73% increase. As at 31 October 2025:

  • The median value for Houses in Prospect is $620,028 while the median value for Units is $443,137.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 1 property listed for sale, and 1 property listed for rent in Prospect on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Prospect.

Suburb Insights for Prospect 7250

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Contact agent
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Rae Smith
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Flanagan Residential Pty Ltd - LAUNCESTON
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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.