1 Grace Place, Prospect, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1 Grace Place
Prospect TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 551m2
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Property Details for 1 Grace Pl, Prospect

1 Grace Pl, Prospect is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 551m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
House
Year Built
1975
Floor Size
112m2
Land Size
551m2
Local Government
Launceston
Lot/Plan
29/6675

Last Listing description (February 2018)

1 Grace Place is a neat and spacious three bedroom home filled with sunlight and situated on a flat secure block. The spacious living area welcomes you with the choice of a reverse cycle heat pump & a wood heater, ensuring this home stays warm and cosy all winter long. Lots of windows ensure that natural light is a big feature particularly morning and late afternoon, the functional kitchen and sunny dining area are combined and overlooking the secure & private backyard, perfect for pet lovers.
Offering a generous master bedroom with a large built-in robe & dressing table, 2 additional bedrooms, bathroom with separate shower & bath, separate toilet & laundry. The property also offers a long end driveway to fit off street parking for 3 vehicles.
The current tenants are immaculate and would love to negotiate a much longer lease past April 2018, currently paying $305 per week.

Located in the heart of Prospect, well known for its great proximity to the Olde Tudor Shopping Centre, Prospect Vale Market place, St Patrick's College, Prospect High School, Summerdale Primary School & the Summer Medical Centre - it really is the definition of convenience and remains top of the list for rental demand!
Property Features:
- Spacious living with loads of natural light
- Wood heater & heat pump
- Flat leafy yard with good fencing
- 3 Off street parking spots & 2 garden sheds
- Close to schools, shops & transport
- Currently rented at $305 per week until April 2018

Property History for 1 Grace Pl, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$255,000
22 Jan 2018
Listed for Rent
$300/w
13 Apr 2013
  • 22 Jan 2018
    Sold for $255,000
  • 10 Jul 2017
    Listed for Sale Offers over $259,000
  • 04 Apr 2013
    Listed for Rent - Price not available
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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 62.76% increase in median value, while Units have seen a 62.04% increase. As at 31 December 2025:

  • The median value for Houses in Prospect is $636,053 while the median value for Units is $458,769.
  • Houses have a median rent of $505 while Units have a median rent of $450.
There are currently 1 property listed for sale, and 1 property listed for rent in Prospect on OnTheHouse. According to Cotality's data, 40 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.