2/12 Prospect Street, Prospect, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

2/12 Prospect Street
Prospect TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 187m2
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Property Details for 2/12 Prospect St, Prospect

2/12 Prospect St, Prospect is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 187m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
1995
Floor Size
89m2
Land Size
187m2
Local Government
Launceston
Lot/Plan
2/119575

Last Listing description (October 2024)

Welcome to 2/12 Prospect Street, a beautifully presented two-bedroom unit nestled perfectly between the vibrant areas of Prospect and Kings Meadows.

This delightful property boasts a well appointed kitchen which seamlessly flows into the open-plan living area, creating a spacious and inviting environment. The unit features lovely neutral finishes that provides a clean and contemporary feel. Along with efficient electric heating, ensuring a cozy atmosphere during the cooler months.

Both bedrooms are generously sized and come with built-in wardrobes, offering ample storage space. The bathroom is equipped with both a shower and a bath, providing convenience and versatility, while a separate laundry room adds to the functionality of the home.

Step outside to discover a deck area, perfect for hosting gatherings or simply indulging in a quiet afternoon outdoors. With a secure courtyard area, you can enjoy peace of mind knowing that your outdoor space is safe and private, ideal for relaxing, entertaining or simply just providing a secure play area for children and pets.

Additionally, this property offers an excellent investment opportunity for those seeking rental income due to its prime location and appealing amenities, making it a highly desirable option for both tenants and investors alike.

Situated just 5 kilometers from the Launceston CBD, this tidy property offers easy access to local amenities, schools, and public transport. With its prime location and impressive features, 2/12 Prospect Street is sure to be a popular choice for those seeking comfort and convenience. Don't miss the opportunity to make this wonderful unit your new home.

*Currently tenanted until the 5th of January 2025 for a rental income of $400 per week.

The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.

Property History for 2/12 Prospect St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$403,400
01 Aug 2024
Listed for Rent
$400/w
04 Jan 2023
  • 06 Sep 2024
    Listed for Sale $385,000 - $425,000
  • 01 Aug 2024
    Sold for $403,400
  • 26 Dec 2022
    Listed for Rent $400 / week
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About Prospect 7250

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 62.17% increase in median value, while Units have seen a 62.81% increase. As at 31 May 2026:

  • The median value for Houses in Prospect is $732,853 while the median value for Units is $540,619.
  • Houses have a median rent of $540 while Units have a median rent of $490.
There are currently 2 properties listed for sale, and no properties listed for rent in Prospect on OnTheHouse. According to Cotality's data, 50 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.