2/98 Stanley St, Prospect is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 298m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in Prospect in the last 12 months.
Positioned in the ever-popular suburb of Prospect, this immaculate two-bedroom, two-bathroom unit presents the perfect low-maintenance investment opportunity.
Currently leased on a secure 12-month agreement with quality tenants in place, this property offers immediate returns and peace of mind from day one.
Inside, the home is beautifully maintained and thoughtfully designed. Two generous bedrooms provide excellent accommodation, with the master featuring its own private ensuite and walk in robe. The second bathroom services guests or the second bedroom with ease, making the layout practical and appealing for professionals, downsizers, or shared living.
The living area is light-filled and welcoming, flowing seamlessly into a well-appointed kitchen designed for everyday convenience.
Location is a standout. You're just moments from the Summerdale Medical Centre, the Prospect Marketplace shopping precinct, local schools, and only minutes to Launceston's CBD. It's easy to see why Prospect remains one of the most tightly held and desirable suburbs in the area.
Whether you're expanding your portfolio or securing your first investment, this is a smart, set-and-forget opportunity in a blue-chip location.
Low maintenance. Strong location. Quality tenants.
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:
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