194 Westbury Rd, Prospect is a 2 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 668m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom House sold in Prospect in the last 12 months.
Brimming with potential, this original circa 1950 two-bedroom home offers the perfect canvas for renovators ready to make their mark. Held by the same family for 44 years, it's full of character and waiting for a fresh vision. Positioned directly opposite the Olde Tudor Shopping Centre, convenience is just across the road. The layout includes a serviceable open plan kitchen and dining area, a separate lounge, a sunroom capturing northern light and two bedrooms with built-in storage. Reverse cycle air conditioning adds year-round comfort.
Outside you'll find a lock-up garage, off-street parking, space for a caravan, plus a garden shed and workshop on a manageable 668 sqm block. Surrounded by eateries, a chemist, doctors and the IGA supermarket and just minutes to the Prospect shopping area and only 11 minutes to Launceston's CBD. A rare opportunity to renovate, update and add serious value in a sought-after location.
Key Features:
Contact Jeremy Wilkinson for further information.
Rental estimate: Up to 410 pw
House size: 92 sqm
Garage size: sqm
Land size: 688 sqm
Built: 1950
Council: Launceston
Zoning: General Residential
Council Rates: $TBA pa
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
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 1,002 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:
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