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  • Average property sold price $493,859

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  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 48.97 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Land Contamination risk is

About Prospect Vale - Blackstone

With an average age of 52, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $314. The average family earns a weekly income of $1,398 with a typical household size of 2.3 and a 95.48% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Prospect Vale are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Prospect Vale classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Prospect Vale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 930 asthma sufferers and 295 people living with diabetes. In addition, 378 people have a heart/vascular condition and 739 people live with three or more chronic diseases.

A good place to invest in property?

Prospect Vale - Blackstone a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Tasmania State average 45 / 100


48 / 100

41 / 100


55 / 100

40 / 100


58 / 100

40 / 100

House Prices

79 / 100

65 / 100


56 / 100

38 / 100

Local Crime Rates

Incidents Trend State Average

Local Schools

  • School Catchments
  • Glen Dhu Primary School

    South Launceston, TAS, 7249 State K-6

  • Trevallyn Primary School

    Trevallyn, TAS, 7250 State K-6

  • West Launceston Primary School

    West Launceston, TAS, 7250 State K-6

  • Kings Meadows High School

    Kings Meadows, TAS, 7249 State 7-12

  • St Patrick's College

    Prospect Vale, TAS, 7250 Independent 7-12

  • Youngtown Primary School

    Youngtown, TAS, 7249 State K-6

  • John Calvin School

    Launceston, TAS, 7250 Independent Prep-10

  • Summerdale Primary School

    Summerhill, TAS, 7250 State K-6

  • Prospect High School

    Prospect, TAS, 7250 State 7-12

  • Sacred Heart Catholic School

    Launceston, TAS, 7250 Independent Prep-6

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

Hey! I’m Kate.

Are you interested Off Market Properties? Residz can match you with Off Market Sellers and keep you up to date on the places most likely to list.

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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