2/4 Peppermint Place Prospect TAS 7250

2 / 2 / 3 / 314 m²

Here you can find what you need to know about 2/4 Peppermint Place , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Prospect, TAS and much more.

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2/4 Peppermint Place Estimated Value

$500,000 - $550,000

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Last Sale details unavailable

Mortgage Repayment	$612 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated Rent	Estimate Unavailable
Gross Cashflow	Unavailable
Estimated Gross Yield	Unavailable
Natural Hazard Risk	Upgrade to Premium

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Pros & Cons

Things to like

Above market cashflow potential
Cheaper than comparable properties
Low risk of losing value

Things to look out for

Slower growth than market average

Investment Strategy Scores

No Investor Scores available for this property

About this Property

Details

Bedrooms	2
Bathrooms	2
Car Spaces	3
Land Size	314 m²
Floor Area	108 m²
House Type	Unit: Townhouse/Villa

Council Area	Launceston
Year Built	2017
Zone	n/a
Lot/Plan	Prospect TAS
Property Type	Unit

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Neighbourhood

Suburb Insights

Prospect, TAS 7250

Part of: Launceston Council

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Prospect, TAS 7250

Part of: Launceston Council No data available

The size of Prospect is approximately 6.6 square kilometres. It has 9 parks covering nearly 19.4% of total area. The population of Prospect in 2011 was 1,438 people. By 2016 the population was 1,710 showing a population growth of 18.9% in the area during that time. The predominant age group in Prospect is 20-29 years. Households in Prospect are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Prospect work in a professional occupation. In 2011, 66.7% of the homes in Prospect were owner-occupied compared with 63.7% in 2016. (source: Australian Bureau of Statistics)

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Prospect, TAS 7250

Part of: Launceston Council No data available

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156 km

Distance from Hobart CBD

Population

19%

5 year population change

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Prospect for Units in last 12 months

Last 12 months in Prospect TAS 7250 View Suburb Profile

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$409K Median Value
12 Properties sold
$393pw Median Rent
4.8% Median Gross Yield
40 Average Days on Market
-2.6% Average Vendor Discount
-7.9% Median Sale Price Change (1yr)

There have been 12 Units sold in Prospect in the past 12 months with a median sale price of $510K, down 7.9% annually. It takes on average 40 days to sell with vendor discounting of -2.6%.

People also viewed

2/7 Peppermint Place Prospect, TAS 7250 3 / 2 / 2 Last sold on 19 Dec 2017 $425,000

2/6 Peppermint Place Prospect, TAS 7250 2 / 2 / 1 Last sold on 14 Feb 2023 $595,000

1/28 William Cooper Drive New Town, TAS 7008 2 / 2 / - Last sold on 17 Sep 2018 $560,000

1/7 Peppermint Place Prospect, TAS 7250 2 / 2 / - Last sold on 8 Mar 2017 $415,000

15 Peppermint Place Prospect, TAS 7250 4 / 2 / 4 Last sold on 6 Sep 2022 $1,000,000

2/7 Peppermint Place 3/ 2/ 2 Last sold on 19 Dec 2017

2/6 Peppermint Place 2/ 2/ 1 Last sold on 14 Feb 2023

1/28 William Cooper Drive 2/ 2/ - Last sold on 17 Sep 2018

1/7 Peppermint Place 2/ 2/ - Last sold on 8 Mar 2017

15 Peppermint Place 4/ 2/ 4 Last sold on 6 Sep 2022

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Natural Hazard Risk

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it is not based on any site-specific geological or engineering investigation at the relevant property;
the Hazard Data is not a geological or engineering report for a property and does not replace the need for a site inspection in relation to issues relating to geological, foundation, or other hazard-related conditions at the relevant property; and
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Risk Rating Definitions

The following Risk Ratings are generated from a mathematical model using available statistical and property data and must not be relied upon as an accurate forecast of coastal erosion risk:

Very High Risk : Risk of gradual coastal erosion reaching dwelling within 30 years and/or very high risk of significant storm surge impact.
High Risk : Risk of gradual coastal erosion reaching dwelling within 60 years and/or high risk of significant storm surge impact.
Medium Risk : Risk of gradual coastal erosion reaching dwelling within 120 years and/or medium risk of significant storm surge impact.
Low Risk : Risk of gradual coastal erosion reaching dwelling within 240 years and/or low risk of significant storm surge impact.
No Risk : Gradual coastal erosion likely to reach dwelling in more than 240 years OR no rate of retreat (stable coastline) and distance from coast and/or elevation above maximum expected storm surge height.

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