The limited shelf life of carbon prepreg waste (CPW) from component manufacturing restricts its use as a composite reinforcement fibre on its own. However, CPW can be recycled with glass fibre (GF) reinforcement to develop a unique remediate material. Therefore, this study fabricated (1) a glass fibre-carbon prepreg waste reinforced polymer hybrid composite (GF-CPW-PP), (2) a polypropylene composite (PP), (3) a carbon prepreg waste reinforced composite (CPW-PP), and (4) a glass fibre reinforced composite (GF-PP) and reported their degradation and residual tension properties after immersion in water. The polymer hybrid composites were fabricated via extrusion technique with minimum reinforce glass-carbon prepreg waste content of 10 wt%. The immersion test was conducted at room temperature using distilled water. Moisture content and diffusion coefficient (DC) were determined based on water adsorption values recorded at 24-h intervals over a one-week period. The results indicated that GF-PP reinforced composites retained the most moisture post-168 h of immersion. However, hardness and tensile strength were found to decrease with increased water adsorption. Tensile strength was found to be compromised since pores produced during hydrolysis reduced interfacial bonding between glass fibre and prepreg carbon reinforcements and the PP matrix.