15-17 Caroline St, Prospect is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1965. The property has a land size of 1451m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Situated on a large 1400m2+ block of land is this appealing weatherboard home with huge potential for development!
The block is relatively flat with easy access and is positioned in a great spot in Prospect.Zoned General Residential with views towards Launceston.
The substantial title size is complementedby the suitability for a multiple unit development (STCA)The home itself is neat and offers a functional floor plan with two spacious bedrooms, a generous living space, neat kitchen and two bathrooms.
The property is conveniently located only minutes' drive to the Launceston General Hospital. The Launceston CBD is also within close proximity & located within the catchment area of many popular primary & secondary schools.
Opportunities with as much future scope to 15-17 Caroline Street are becoming increasingly rare.
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:
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