Prospect
TAS, 7250
-
Launceston
Thinking about buying in Prospect? Now could not be a better time, with 1241 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $363,000 with prices in this suburb ranging from $16,000 to $1,710,000. The aproximate distance to the coast is 47 Km.
Household Makeup
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Housing Stock
Average Property Prices
Prospect Real Estate Market Outlook
In Prospect there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Prospect due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Prospect provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Prospect necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Prospect the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Properties for sale Prospect
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10 TAN DR, PROSPECT, QLD, 4715 |  4 |
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500000 |
Local Schools
St Patrick's College
Prospect High School
Summerdale Primary School
Glen Dhu Primary School
Kings Meadows High School
Youngtown Primary School
John Calvin School
West Launceston Primary School
Tamar Valley Steiner School
(While the above schools are located with the suburb of Prospect there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Prospect weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.8 | 19.7 | 34.0 | 37.2 | 89.0 | 3.1 | 24.3 |
| Feb | 3.1 | 19.7 | 33.4 | 38.8 | 89.1 | 3.1 | 23.3 |
| Mar | 2.0 | 18.4 | 31.8 | 41.5 | 92.4 | 2.7 | 20.3 |
| Apr | 0.8 | 14.1 | 29.0 | 38.8 | 93.2 | 2.4 | 18.6 |
| May | 0.6 | 9.3 | 26.0 | 36.0 | 92.3 | 2.3 | 15.6 |
| Jun | 0.7 | 7.5 | 23.7 | 37.9 | 92.3 | 2.4 | 13.7 |
| Jul | 0.2 | 6.7 | 24.1 | 34.5 | 90.8 | 2.3 | 15.2 |
| Aug | 0.8 | 6.4 | 25.1 | 28.8 | 87.8 | 2.4 | 17.3 |
| Sept | 0.7 | 9.4 | 28.4 | 27.2 | 89.9 | 2.7 | 21 |
| Oct | 1.2 | 12.8 | 30.5 | 29.1 | 90.3 | 3.0 | 25 |
| Nov | 0.4 | 16.1 | 33.7 | 27.6 | 88.7 | 3.0 | 26.7 |
| Dec | 3.4 | 18.6 | 33.3 | 36.1 | 88.0 | 3.1 | 27.2 |
source: Australian Government Bureau of Meteorology
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