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

7 Prospect Street
Prospect TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Floor area: 99m2
Land area: 843m2
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Property Details for 7 Prospect St, Prospect

7 Prospect St, Prospect is a 4 bedroom, 2 bathroom House with 5 parking spaces and was built in 1952. The property has a land size of 843m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in January 1990.

Building Type
House
Year Built
1952
Floor Size
99m2
Land Size
843m2
Local Government
Launceston
Lot/Plan
4/61007

Last Listing description (February 2023)

With views overlooking the hills, this large four bedroom home has so much to offer. As soon as you walk in the door, there is the feeling of space with polished floor boards, neutral colour scheme and loads of natural light. There is a large open plan living/dining area leading into the kitchen with a sit-up bench (chairs included) and dishwasher. All three bedrooms are large with built-ins and the master suite upstairs has adjoining bathroom and walk in robe- so big there is room for a desk or sitting area!
There is a family bathroom and laundry at the rear leading out to the fabulous covered patio with fire pit area - ideal for entertaining all year round. The secure back yard is easy care and the garage has a rear room with wood heater; ideal for teenagers hang-out/man cave/she shed. Loads of storage inside and out, gas cooking and hot water and heat transfer system. Walking distance to schools and Prospect shopping village. 12 month lease, pets on application, available 6th March. Call today to view this superb property.

Property History for 7 Prospect St, Prospect, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$62,000
23 Jan 1990
Listed for Rent
$650/w
17 Feb 2023
  • 06 Feb 2023
    Listed for Rent $650 / week
  • 23 Jan 1990
    Sold for $62,000
  • 05 Apr 1984
    Sold for $28,000
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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, 40 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.