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.
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
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:
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