4/7 Bruce Street, Prospect, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

4/7 Bruce Street
Prospect TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 41m2
Land area: 61m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 4/7 Bruce St, Prospect

4/7 Bruce St, Prospect is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 61m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
1985
Floor Size
41m2
Land Size
61m2
Local Government
Launceston
Lot/Plan
4/136571

Last Listing description (September 2024)

Are you in the market for a low-maintenance investment property that's perfect for singles or couples? Look no further than U4/7 Bruce Street in Prospect. This cosy unit is tailor-made for those seeking an uncomplicated living space.

1 Bedroom, 1 Bathroom:
This unit is thoughtfully designed with one bedroom and a functional bathroom. It's the perfect size for singles or couples looking for an easy-to-maintain living space.

Updated Kitchen:
The kitchen has been tastefully updated, providing a modern space for your culinary endeavours. Whether you enjoy cooking or simply need a convenient meal prep area, this kitchen has you covered.

Year-Round Comfort:
Stay comfortable in all seasons with the reverse cycle split system, ensuring a cosy environment throughout the year.

Off-Street Parking:
Enjoy the convenience of off-street parking with a single car space at the rear of the unit providing a secure space for your vehicle.

Low Maintenance:
U4/7 Bruce Street is the epitome of low-maintenance living, allowing you to spend your free time on your terms, not on property upkeep.

Proximity to Amenities:
Located within walking distance to shops, this property offers the ultimate in convenience. Shopping for daily necessities is just moments away.

If you're in the market for an investment property that caters to singles and couples, U4/7 Bruce Street, Prospect, is the perfect fit. Don't let this opportunity pass you by. Contact us today to arrange a viewing and explore the appeal of this unit in the desirable Prospect location. Currently tenanted at $235 per week, this property won't be available for long, so act swiftly to secure your ideal investment.

Property History for 4/7 Bruce St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$250,000
20 Dec 2023
Listed for Rent
$199/w
11 Sep 2019
  • 20 Dec 2023
    Sold for $250,000
  • 01 Nov 2023
    Listed for Sale Not Disclosed
  • 06 Sep 2019
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 1,002 properties. Over the last 5 years, Houses in Prospect have seen a 66.57% increase in median value, while Units have seen a 59.83% increase. As at 30 November 2025:

  • The median value for Houses in Prospect is $625,266 while the median value for Units is $454,747.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 1 property listed for sale, and no properties listed for rent in Prospect on OnTheHouse. According to Cotality's data, 41 properties were sold in the past 12 months in Prospect.

Suburb Insights for Prospect 7250

Market Insights
Prospect Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Prospect Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.