36 Prospect Street, Prospect, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

36 Prospect Street
Prospect TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 157m2
Land area: 710m2
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Last updated 23 Mar 2026
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Property Details for 36 Prospect St, Prospect

36 Prospect St, Prospect is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 710m2 and floor size of 157m2.

Building Type
House
Floor Size
157m2
Land Size
710m2
Local Government
Launceston
Lot/Plan
5/198542

Last Listing description (March 2026)

Positioned in the popular suburb of Prospect, this well-presented home offers generous living spaces, practical features, and beautiful elevated views across Launceston. With a large rumpus room and a fantastic deck perfect for relaxing or entertaining, this property provides flexibility and comfort.

Conveniently located close to local schools, shopping centres, and only a short drive to the CBD, this home combines lifestyle and convenience in a sought-after location.

Features and Benefits:

Three bedrooms, all with built-in robes
Spacious main living area filled with natural light
Split system heating and cooling for year-round comfort
Well-appointed kitchen with good storage
Beautifully updated bathroom

Property Layout & Yard Features:

Large rumpus room downstairs, ideal as a second living area, home office, or teenage retreat
Expansive deck with stunning views overlooking Launceston
Low-maintenance yard
Garden shed for additional storage
Ample Off-street parking available

Lease Details:

$580 Per week
$2320 Bond
12-month lease preferred

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Property History for 36 Prospect St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$580/w
23 Feb 2026
  • 23 Feb 2026
    Listed for Rent $580 / week
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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 64.48% increase in median value, while Units have seen a 67.48% increase. As at 28 February 2026:

  • The median value for Houses in Prospect is $662,558 while the median value for Units is $505,104.
  • Houses have a median rent of $523 while Units have a median rent of $470.
There are currently 3 properties listed for sale, and 1 property listed for rent in Prospect on OnTheHouse. According to Cotality's data, 39 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.