5 Grace Place, Prospect, TAS 7250 sold on 13 June 2025 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 13 Jun 2025 - Price Unavailable

5 Grace Place
Prospect TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 890m2
Sold By
agent headshot
Morrison Real Estate
Save

Property Details for 5 Grace Pl, Prospect

5 Grace Pl, Prospect is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1976. The property has a land size of 890m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 3 bedroom House sold in Prospect in the last 12 months.

Building Type
House
Year Built
1976
Floor Size
108m2
Land Size
890m2
Local Government
Launceston
Lot/Plan
31/6675

Last Listing description (July 2025)

Tucked away on a peaceful, quiet street, this beautifully renovated home is ready for you to move in and enjoy.

As you step inside, you'll be greeted by a fresh, contemporary space featuring warm timber floorboards that add character throughout. The striking white kitchen is a highlight, equipped with sleek countertops and quality appliances ideal for anyone who loves to cook.

The spacious bathroom offers a luxurious retreat, designed for relaxation. Each of the three bedrooms features built-in wardrobes, providing generous storage space.

Enjoy comfort year-round with the heat pump, ensuring perfect temperatures no matter the season. The open-plan living area is designed for both entertaining guests and enjoying family nights.

With flexible layout options, the home allows you to easily envision your ideal living space. Outside, the low-maintenance grounds and private rear deck create the perfect setting for outdoor living.

Compact yet practical, this home offers a wonderful blend of comfort and convenience. Located in a serene neighbourhood, youll find all amenities and a selection of schools just a short distance away.

Estimated rental income of $520 per week, representing an approximate 5% return.

Features include:

Nestled in a serene and quiet street
Meticulously renovated space with timber floorboards
Stunning white kitchen with sleek countertops and quality appliances
Spacious bathroom designed for indulgence and tranquility
Three bedrooms featuring built-ins for ample storage
Year-round comfort with a heat pump
Open plan living area for entertaining or family nights
Low maintenance grounds and private rear deck
Peaceful neighbourhood close to all amenities and schools
Estimated rental income of $520 per week, representing an approximate 5% return

Morrison Real Estate has no reason to doubt the accuracy of the information in this document that is sourced from means considered reliable.
We cannot, however, guarantee accuracy.
Prospective purchasers are advised to carry out their own investigations.

Property History for 5 Grace Pl, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
13 Jun 2025
Listed for Rent
$500/w
29 Apr 2022
  • 13 Jun 2025
    Sold
  • 20 Mar 2025
    Listed for Sale Not Disclosed
  • 15 May 2024
    Listed for Sale Offers over $549,000
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, 43 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.