Back 1 Bruce Street
Off Market

1 Bruce Street

Prospect TAS 7250

4
2
2
120 m²
576 m²
House
Last sold for $400,000
Rae SmithRae Smith, last sold this property on 16 October 2025 after 43 days on market.

Overview

Tradie’s Challenge – Massive Potential in Prime Location!

Calling all experienced builders and seasoned tradies – this is the opportunity you've been waiting for! This 4 bedroom, 2 bathroom brick and tile home sits on a large corner block in a sought-after location, offering serious potential for those with the skills to bring it back to life. Features: · 4-5 spacious bedrooms · 2 bathrooms with accessibility features · Front ramp allowing for wheelchair access · Fantastic corner block – room to expand, rebuild, or reimagine · Excellent location – close to transport, shops, and schools This is a rare chance to add real value, so if you've got the know-how, this could be your next great project. Serious buyers only – no time-wasters please. A detailed Pre-Sale Building Report has already been completed for buyer convenience so contact Rae today to find out more. Annual Launceston City Council Rates $2,123.91 Annual Taswater $1,578.36 + usage Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided. Property Code: 597

Features

4 bedrooms
2 bathrooms
2 carspaces
1 carport space
1 open car space
120 m² floor area
576 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Prospect over the last 12 months, the estimated median property value of 1 Bruce Street is $772k.

Median value
$772k
Estimated value range
$400k - $980k
Median days on market
37
Estimated value trend
26%
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 Bruce Street

2025
Sold
$400,000
Private Sale/Treaty on 16 Oct 2025 by Rae Smith, of Flanagan Residential

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 4 bedroom houses in Prospect

In the last 12 months, 11 four-bedroom houses similar to 1 Bruce Street, have been sold.

This represents a 140% decrease in four-bedroom houses sales when compared to the previous 12 months.

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