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

50 Morris Street
Prospect TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 127m2
Land area: 714m2
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Property Details for 50 Morris St, Prospect

50 Morris St, Prospect is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1993. The property has a land size of 714m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in February 2015.

Building Type
House
Year Built
1993
Floor Size
127m2
Land Size
714m2
Local Government
Launceston
Lot/Plan
76/53634

Last Listing description (May 2015)

Boasting great street appeal this spacious 3 bedroom brick veneer home will comfortably accommodate families young or old.
Conveniently positioned with an easy flat walk to St Patrick's College, Summerdale Primary, Prospect Market Place and Summerdale Medical Centre.
Offering a spacious floor plan with a large living area; casual dining open to the generous kitchen with loads of storage; all bedrooms are a double size and include built-ins; the bathroom has a separate bath and shower and the laundry includes extra storage and access to the rear yard.

There is a large carport that could accommodate a couple of vehicles and a single garage and garden shed offering extra storage. The yard is easy care with an established garden front and back requiring little maintenance.
This well presented family home would be ideal for those looking for great value and a home you can simply move in and enjoy today. It offers plenty of scope to modernize and add great future value down the track.

Property History for 50 Morris St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$270,000
19 Feb 2015
  • 19 Feb 2015
    Sold for $270,000
  • 25 Nov 2014
    Listed for Sale NEG. OVER $269,000
  • 09 Sep 1993
    Sold for $96,000
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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 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

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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.