5/3 Trotters Lane, Prospect, TAS 7250 sold on 16 December 2025 | OnTheHouse
SOLD
Sold on 16 Dec 2025 for $415,000

5/3 Trotters Lane
Prospect TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 140m2
Land area: 184m2
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Property Details for 5/3 Trotters Lane, Prospect

Building Type
Commercial
Year Built
1984
Floor Size
140m2
Land Size
184m2
Local Government
Launceston
Lot/Plan
5/58180

Last Listing description (May 2023)

Well located close to the city on the western side of town this desirable offering is certain to lease up quickly.

- Secure complex with ample parking

- Generous transitional space and set down area
- 4.5m high roller door
- 3 phase power to board
- Small front office / reception area plus additional rear office

Only $400 per week + Outgoings

For further details please call Blake Shepherd

Property History for 5/3 Trotters Lane, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$415,000
16 Dec 2025
Listed for Rent
$21k/w
26 May 2023
  • 16 Dec 2025
    Sold for $415,000
  • 06 Mar 2023
    Listed for Rent $20,800 / week
  • 27 Jun 2018
    Sold for $145,000
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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 68.18% increase in median value, while Units have seen a 69.97% increase. As at 30 April 2026:

  • The median value for Houses in Prospect is $724,093 while the median value for Units is $530,716.
  • Houses have a median rent of $528 while Units have a median rent of $480.
There are currently 3 properties listed for sale, and 1 property listed for rent in Prospect on OnTheHouse. According to Cotality's data, 46 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.