Back 33 Prospect Street
Off Market

33 Prospect Street

Prospect TAS 7250

4
2
1001 m²
House
David HernykDavid Hernyk, last sold this property on 18 August 2025 after 104 days on market.

Overview

North-facing, sun-drenched, and capturing a sweeping 180-degree view over Launceston, this tightly held property presents a rare and exciting opportunity. Set on just over 1,000m² of usable land with dual access from both the front and rear, it's ready for a bold vision-whether that's a multi-unit development, renovation for profit, or both (STCA). With potential to build a second dwelling at the front, remove the existing structures and create a three-townhouse project, or simply update the original home, the scope here is wide open. Investors and developers will immediately see the upside, while first-home buyers could secure a foothold with future growth built in. The existing residence includes a self-contained flat at the front, offering genuine dual-income potential. This is one of those properties with stories-owned by the same family since their arrival from Europe in the 1950s, it's largely original and ready for its next chapter. Located within walking distance of the Olde Tudor shopping pre

Features

4 bedrooms
2 bathrooms
1001 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 33 Prospect 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 33 Prospect Street

2025
Sold
Undisclosed
Private Sale/Treaty on 18 Aug 2025 by David Hernyk, of Harcourts Launceston

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 33 Prospect 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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