5/98 Stanley Street, Prospect, TAS 7250 sold on 25 March 2026 | OnTheHouse
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Sold on 25 Mar 2026 for $655,000

5/98 Stanley Street
Prospect TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 156m2
Land area: 510m2
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Property Details for 5/98 Stanley St, Prospect

5/98 Stanley St, Prospect is a 3 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 2016. The property has a land size of 510m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom Unit sold in Prospect in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
156m2
Land Size
510m2

Last Listing description (March 2026)

Set in sought-after Prospect, this low maintenance three bedroom unit delivers space, comfort and effortless everyday living. Light filled open plan interiors create a central living zone, complemented by a modern kitchen with island bench and breakfast bar, while seamless flow to the outdoor entertaining area makes hosting simple and relaxed. Reverse cycle air conditioning ensures year round comfort.

The generous main bedroom features a walk in robe and ensuite, with built in robes to the remaining bedrooms and a central bathroom with bath and separate shower. A remote controlled double garage with internal access provides secure parking and everyday ease, with additional space for caravans, boats or extra vehicles and ample off street parking. Positioned just 600m from Olde Tudor Shopping Centre and only minutes to Launceston CBD and Launceston Airport, this is a smart choice for families, downsizers or investors seeking convenience and lifestyle in one.

Key Features:

• Low maintenance three bedroom unit in Prospect
• Family home designed for relaxed everyday living
• Spacious light bright interiors with an open plan kitchen, living and dining
• Modern kitchen featuring island bench, breakfast bar, dishwasher, pantry and double sink
• Generous main bedroom with walk in robe and ensuite
• Other two bedrooms containing built in robes
• Main bathroom featuring bath and separate shower
• Separate toilet for convenience
• Spacious internal laundry with plenty of storage and external access
• Remote controlled double garage with internal access and ample off-street parking
• Space for caravans, boats or extra parking
• Reverse cycle air conditioning perfect for maintaining temperature all year round
• Outdoor entertaining area ideal for guests or relaxing with sliding door access to the living room
• Easy walk to shops and services at Olde Tudor Shopping Centre (600m)
• Close to public and private schools, medical practices, transport & all city conveniences
• 9 Minutes to Launceston's CBD and just 14 minutes to Launceston Airport

Quality family living in a prime position - offering generous space beautiful natural light and a lifestyle to match. Talk to Jeremy Wilkinson for professional guidance every step of the way.

Rental estimate: Up to $620 per week
House size: 118 sqm
Garage size: 38sqm
Land size: 510 sqm
Built: 2016
Council: Launceston
Council rates: $ 2,173 pa
Strata Insurance: $690 pa
Council Zoning: General Residential

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

Property History for 5/98 Stanley St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$655,000
25 Mar 2026
Listed for Rent
$365/w
16 Jan 2019
  • 25 Mar 2026
    Sold for $655,000
  • 02 Mar 2026
    Listed for Sale Best Offer Over $589,000
  • 08 Jan 2019
    Listed for Rent - Price not available
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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 66.81% increase in median value, while Units have seen a 75.14% increase. As at 31 March 2026:

  • The median value for Houses in Prospect is $703,172 while the median value for Units is $538,541.
  • Houses have a median rent of $530 while Units have a median rent of $480.
There are currently 4 properties listed for sale, and no properties listed for rent in Prospect on OnTheHouse. According to Cotality's data, 46 properties were sold in the past 12 months in Prospect.

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Jeremy Wilkinson
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Neil Hawkins
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Harcourts Launceston
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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.