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

4 Prospect Street
Prospect TAS 7250

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
Land area: 665m2
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Last updated 12 Jan 2026
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Property Details for 4 Prospect St, Prospect

4 Prospect St, Prospect is a 3 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 665m2. While the property is not currently for sale or for rent, it was last sold in February 1987.

Building Type
House
Land Size
665m2
Local Government
Launceston
Lot/Plan
6/81483

Last Listing description (November 2018)

How long have you been looking for the perfect investment opportunity?Good news.........Look no further than these brilliantly located units! You have the choice of unit 2, unit 3 or unit 4, or the savvy investor should want them all! The three units are well equipped with unit 2 and 3 being one bedroom and unit 4 is two bedroom. They are bright and sunny with good undercover off street parking and are solidly built with low maintenance in mind. All three are currently tenanted with great returns on all. There is immense potential to increase returns with some cosmetic updates too.Situated a short walk to the services of the Old Tudor Shopping Centre and a 2 minute drive to the Prospect Vale Market Place or 5 minutes to the City Centre.Don't wait, call us for more information now! If you are looking for a convenient first home or a smart investment then you have found it.Call the Spouses Selling Houses team at Nest property for your private inspection.We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 4 Prospect St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$65,000
12 Feb 1987
  • 17 Sep 2018
    Listed for Sale Starting from $149,990
  • 12 Feb 1987
    Sold for $65,000
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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 1,002 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:

  • The median value for Houses in Prospect is $636,053 while the median value for Units is $458,769.
  • Houses have a median rent of $505 while Units have a median rent of $450.
There are currently no 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.