Back 1/5 Grace Place
Off Market

1/5 Grace Place

Prospect TAS 7250

3
1
3
House
Scott MorrisonScott Morrison, last sold this property on 13 June 2025 after 85 days on market.

Overview

Low Maintenance and Fully Renovated Suburban Gem

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, you'll 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.

Features

3 bedrooms
1 bathroom
3 carspaces
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Prospect over the last 12 months, the estimated median property value of 1/5 Grace Place is $622.5k.

Median value
$622.5k
Estimated value range
$512k - $755k
Median days on market
12
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Prospect. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/5 Grace Place

2025
Sold
Undisclosed
Private Sale/Treaty on 13 Jun 2025 by Scott Morrison, of Morrison Real Estate

Happy sellers in Prospect

92%
92% of sellers in Prospect reported that their sale price either exceeded or met their price expectations.

Prospect stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Prospect over the last 12 months.

Local market activity for 3 bedroom houses in Prospect

In the last 12 months, 13 three-bedroom houses similar to 1/5 Grace Place, have been sold.

This represents a 37% increase in three-bedroom houses sales when compared to the previous 12 months.

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