2/14 Kate Reed Drive, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

2/14 Kate Reed Drive
Prospect Vale TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 116m2
Land area: 353m2
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Property Details for 2/14 Kate Reed Dr, Prospect Vale

2/14 Kate Reed Dr, Prospect Vale is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1996. The property has a land size of 353m2 and floor size of 116m2.

Building Type
Unit
Year Built
1996
Floor Size
116m2
Land Size
353m2
Local Government
Meander Valley

Last Listing description (December 2024)

Nestled in the heart of the ever popular Prospect Vale, this impeccably presented unit offers a unique combination of space, style and convenience. Unlike most units, this property boasts the size and feel of a standalone house, making it an excellent choice for first home buyers, down sizers or savvy investors looking for something special.

Upon entry, the front yard is a highlight, meticulously maintained with lush greenery, creating a charming and inviting first impression.

Step inside and be greeted by a thoughtfully designed layout featuring three spacious bedrooms. Two of these are equipped with built-in robes, providing ample storage. The modern bathroom showcases quality finishes, complete with a separate bath and shower. For added functionality, a separate toilet allows for extra convenience.

The open plan living, dining and kitchen area is the heart of this home. Bathed in natural light, it offers a welcoming space for everyday living and entertaining. This area is equipped with reverse cycle air conditioning, ensuring year round comfort, whether you're enjoying a cosy winter evening or cooling off in summer. Sliding doors open out off the main area to a private courtyard, a low maintenance oasis where you can unwind, host a BBQ or simply enjoy some fresh air.

One of the standout features of this property is the double garage, an uncommon luxury in unit living. Not only does it provide secure parking for two vehicles, but it also offers additional storage space and a dedicated laundry area, adding to the home's practicality.

Location is everything, and this property delivers. Situated close to highly regarded primary and high schools, Prospect Marketplace and the Old Tudor Complex, all your shopping and dining needs are within easy reach. Medical services are conveniently nearby and for leisure, the Country Club Casino offers entertainment and dining options just a short drive away. Best of all, the vibrant Launceston CBD is a mere 10 minute commute, making this home ideal for those seeking a quiet suburban lifestyle with city convenience.

This exceptional property perfectly balances low maintenance living with modern comforts in a prime location. Don't miss your chance to secure a home that truly stands out from the rest.

Property History for 2/14 Kate Reed Dr, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
  • 07 Nov 2024
    Listed for Sale Offers Over $545k
  • 21 Feb 2018
    Listed for Sale Best Offer Over $325,000
  • 24 Oct 2017
    Listed for Sale BEST OFFER OVER $325,000
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About Prospect Vale 7250

The size of Prospect Vale is approximately 10.0 square kilometres. There are 16 parks, covering nearly 10.6% of the 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 3,002 properties. Over the last 5 years, Houses in Prospect Vale have seen a 48.11% increase in median value, while Units have seen a 54.54% increase. As at 30 June 2026:

  • The median value for Houses in Prospect Vale is $782,983 while the median value for Units is $553,693.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 15 properties listed for sale, and 2 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 124 properties were sold in the past 12 months in Prospect vale.

Suburb Insights for Prospect Vale 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.