2/1 Casino RiseProspect Vale TAS 7250
Property Details for 2/1 Casino Rise, Prospect Vale
2/1 Casino Rise, Prospect Vale is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1986. The property has a land size of 332m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in December 2012.
Last Listing description (January 2013)
OPPORTUNITY KNOCKS
WE HAVE NEVER SEEN THIS ARRANGEMENT COME ONTO THE MARKET BEFORE BUT WHAT A PERFECT INVESTMENT OR FIRST HOME FOR ONE ASTUTE PURCHASER. LOCATED ONLY MINUTES FROM COUNTRY CLUB CASINO, GOLF COURSE WITH BUS STOP AT YOUR FRONT DOOR, THIS 89M2 UNIT IS ACTUALLY SPLIT INTO TWO. PREVIOUSLY A HOLIDAY LET THIS 2 BEDROOM, 2 BATHROOM UNITS IS CURRENTLY SPLIT INTO TWO 1 BEDROOM/1 BATHROOM UNITS WITH THEIR OWN SEPARATE ACCESS. EACH BOASTS SMALL KITCHEN, LARGE BEDROOM WITH BUILT IN, GOOD SIZE LOUNGE AND OWN ALLOCATED PARKING SPACE. WHILST SOME MAY SEE THIS AS A DILEMMA WE SEE IT AS AN OPPORTUNITY - OPTION 1 - LEAVE THE CURRENT SET-UP AS IS AND LIVE IN ONE UNIT WHILST RENTING OUT THE OTHER. IT MIGHT BE THE PERFECT OPPORTUNITY TO RENT THE OTHER TO A FRIEND, RELATIVE, OR A WAY OF EARNING SOME INCOME TO PAY OFF THE MORTGAGE. OR, RENT OUT BOTH AND HAVE A DUEL TENANCY. OPTION 2 - KNOCK OUT THE CURRENT DIVIDING WALL TO LEAVE YOU WITH A TWO BEDROOM, TWO BATHROOM UNIT IN THE HEART OF PROSPECT VALE. NO MATTER WHICH OPTION YOU CHOOSE, WHERE CAN YOU FIND A UNIT OFFERING THESE QUALITIES AT SUCH GREAT VALUE FOR MONEY IN THE HEART OF PROSPECT VALE. AN INSPECTION WILL IMPRESS.
Property History for 2/1 Casino Rise, Prospect Vale, TAS 7250
- 03 Dec 2012Sold for $190,000
- 03 Oct 2012Listed for Sale NEG. OVER $195,000
- 25 Oct 2005Sold for $775,000
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About Prospect Vale 7250
The size of Prospect Vale is approximately 10.0 square kilometres. It has 16 parks covering nearly 10.6% of total area. The population of Prospect Vale in 2016 was 5067 people. By 2021 the population was 5433 showing a population growth of 7.2% in the area during that time. The predominant age group in Prospect Vale is 50-59 years. Households in Prospect Vale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Prospect Vale work in a professional occupation.In 2021, 72.00% of the homes in Prospect Vale were owner-occupied compared with 70.90% in 2016.
Prospect Vale has 2,951 properties. Over the last 5 years, Houses in Prospect Vale have seen a 60.05% increase in median value, while Units have seen a 52.18% increase. As at 30 November 2025:
- The median value for Houses in Prospect Vale is $709,939 while the median value for Units is $458,189.
- Houses have a median rent of $500 while Units have a median rent of $440.
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