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Profiles
Nearby Suburbs
Real Estate Market: Is Prospect Vale TAS 7250 a Good Suburb to Buy Into?
Housing Market in Prospect Vale
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
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| $530 | Bottom 35% |
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| Premium | Premium | Premium |
Housing Supply in Prospect Vale
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023
Prospect Vale
34.1%
Prospect Vale
34.1%
Launceston and North East Tas
37.5%
Launceston and North East Tas
37.5%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% | Data for Jun 2025 | ||
| 2.0 | Bottom 40% | Data for Jul 2023 | ||
| 37.0 | Top 18% | Data for May 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 14 | Top 12% |
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Housing Stock Quality in Prospect Vale
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 79.8% | Bottom 12% |
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| 2.2 | Bottom 26% |
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| 6.6% | Top 17% | Data for Jun 2023 |
Development Restrictions in Prospect Vale
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Prospect Vale
24.8%
Prospect Vale
24.8%
Launceston and North East Tas
28.0%
Launceston and North East Tas
28.0%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 11.0 sq km | Top 44% | Data for Jan 2021 | ||
| 876 sqm per resident | Bottom 42% | Data for Jan 2021 |
Risk in Prospect Vale
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Prospect Vale
57.6%
Prospect Vale
57.6%
Launceston and North East Tas
52.3%
Launceston and North East Tas
52.3%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 85.4% | Bottom 28% |
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| 14.6% | Top 28% |
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| 33 | Top 49% | Data for Jun 2023 | ||
| $1,900 | Bottom 48% |
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| 79 | Top 45% | Data for Jun 2023 | ||
| 74 | Bottom 35% | Data for Jun 2023 | ||
| 25.9% | Top 30% |
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| 35.6% | Bottom 41% |
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Housing Demand in Prospect Vale
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030
Prospect Vale
56.8%
Prospect Vale
56.8%
Launceston and North East Tas
54.8%
Launceston and North East Tas
54.8%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 89600 | Top 32% |
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| Premium | Premium | Premium | ||
| 19900 | Top 42% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Prospect Vale
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $433 | Bottom 36% |
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| Premium | Premium | Premium | ||
| 73.8% | Top 49% |
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Accommodation Options (2)
| Headline | Place | Datetime |
|---|---|---|
| Country Club Tasmania | Country Club Ave | |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 43 Chris St | $511,500 | 3.0 | 1.0 | 06 Mar 2025 | 0 | On Market | |
| 19 Hughes Ct | $523,000 | 3.0 | 1.0 | 5.0 | 19 Feb 2025 | 0 | On Market |
| 23 Bordin St | Price Withheld | 5.0 | 3.0 | 4.0 | 14 Feb 2025 | 0 | On Market |
| 78 Country Club Ave | $1,020,000 | 4.0 | 3.0 | 2.0 | 14 Feb 2025 | 0 | On Market |
| 10 Holyman Dr | Price Withheld | 4.0 | 2.0 | 09 Feb 2025 | 0 | On Market |
Median House Rental Prices by Street (8)
| Level_0 | Street | Date | Median rent (per week) |
|---|---|---|---|
| 149362 | Chris St | 13 Mar 2025 | $495 |
| 149663 | Westbury Rd | 13 Mar 2025 | $440 |
| 149638 | Vale St | 13 Mar 2025 | $515 |
| 149507 | Mace St | 13 Mar 2025 | $340 |
| 149493 | Las Vegas Dr | 13 Mar 2025 | $600 |
Median House Sale Prices by Street (100)
| Street | Date | Median sale value |
|---|---|---|
| Bushby Cl | 10 May 2024 | $740,000 |
| Chris St | 10 May 2024 | $532,500 |
| Country Club Ave | 10 May 2024 | $732,000 |
| Westbury Rd | 10 May 2024 | $517,500 |
| Atlantic Pl | 10 May 2024 | $577,500 |
Median Unit Sale Prices by Street (100)
| Date | Median sale value | Street |
|---|---|---|
| 10 May 2024 | $526,000 | Jardine Cr |
| 10 May 2024 | $339,500 | Chris St |
| 10 May 2024 | $462,000 | Westbury Rd |
| 10 May 2024 | $589,000 | Country Club Ave |
| 10 May 2024 | $555,500 | Jacob Pl |
Turnover Rate by Street (88)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 91.7% | Atlantic Pl | high turnover | Every 10.9 years (high turnover) | 2025 |
| 137.5% | Asgard Pl | very high turnover | Every 7.3 years (very high turnover) | 2025 |
| 94.6% | Mount Leslie Rd | high turnover | Every 10.6 years (high turnover) | 2025 |
| 120.0% | Leslie Gr | very high turnover | Every 8.3 years (very high turnover) | 2025 |
| 83.3% | Montpelier Dr | average turnover | Every 12.0 years (average turnover) | 2025 |
Percent of Renters by Street (97)
| Percent of Renters | Street |
|---|---|
| 13.0% | Akuna Ct |
| 14.5% | Angela Ct |
| 0.0% | Asgard Pl |
| 23.7% | Atlantic Pl |
| 0.0% | Bayne Pl |
Businesses (41)
| Name | Address |
|---|---|
| Concrete Revive | |
| J W&A J Schipper Electrical Contractors | |
| Mph Builders | 65 Meander Valley Rd, Prospect TAS 7250, Australia |
| PROSPECT - Cleaver's Mitre 10 | 373 Westbury Rd, Prospect Vale TAS 7250, Australia |
| Mckay Timber |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Meander Valley |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 3 Stuart Ave | $520 | 3 | 1 | 2 | 07 Mar 2025 | 0 |
| 13 Crockford Ct | $700 | 3 | 2 | 2 | 06 Mar 2025 | 0 |
| 3 Western Mews | $580 | 3 | 2 | 2 | 24 Feb 2025 | 0 |
| 70 Las Vegas Dr | $550 | 3 | 2 | 3 | 17 Feb 2025 | 0 |
| 70 Las Vegas Dr | $550 | 3 | 2 | 3 | 17 Feb 2025 | 0 |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| Unit 5, 349 Westbury Rd | $380 | 2.0 | 1.0 | 1.0 | 11 Mar 2025 |
| Unit 2, 9 Jupiter Ct | $460 | 2.0 | 1.0 | 1.0 | 18 Feb 2025 |
| Unit 2, 9 Jupiter Ct | $460 | 2.0 | 1.0 | 1.0 | 18 Feb 2025 |
| Unit 2, 9 Jupiter Ct | $460 | 2.0 | 1.0 | 1.0 | 18 Feb 2025 |
| Unit 2, 9 Jupiter Ct | $460 | 2.0 | 1.0 | 1.0 | 18 Feb 2025 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| Unit 2, 81 Mount Leslie Rd | $450,000 | 2.0 | 1.0 | 2.0 | 05 Feb 2025 | On Market |
| Unit 2, 81 Mount Leslie Rd | $450,000 | 2.0 | 1.0 | 2.0 | 05 Feb 2025 | On Market |
| Unit 2, 81 Mount Leslie Rd | $450,000 | 2.0 | 1.0 | 2.0 | 05 Feb 2025 | On Market |
| Unit 2, 81 Mount Leslie Rd | $450,000 | 2.0 | 1.0 | 2.0 | 05 Feb 2025 | On Market |
| Unit 2, 81 Mount Leslie Rd | $450,000 | 2.0 | 1.0 | 2.0 | 05 Feb 2025 | On Market |
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