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Prospect Vale
TAS, 7250 - Meander Valley

Thinking about buying in Prospect Vale? Now could not be a better time, with 3188 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $370,000 with prices in this suburb ranging from $14,000 to $1,958,000. The aproximate distance to the coast is 47 Km.

Household Makeup

Median Weekly Rent $302.52
Median Monthly Mortgage $1460.90
Median Persons Per Bedroom 0.75
Average Household Size 2.38
Average Age 47.29
Average Income $762.57
Average Cars Per Dwelling 1.96
Average Properties Within 50M 10

Housing Stock

Average Property Prices

1 Bed  $217,000
2 Bed  $250,000
3 Bed  $327,000
4 Bed  $524,000
5 Bed  $566,000
6 Bed+$436,000
Properties for sale in Prospect Vale
Instant Property Valuation

Prospect Vale Real Estate Market Outlook

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.

Houses for sale Prospect Vale

Harcourts UNIT 44, 12 CASINO RISE, PROSPECT VALE, TAS, 7250 Beds2 Bathrooms1 Parking 1 Best Offer Over $365,000
Harcourts 3 WESTERN MEWS, PROSPECT VALE, TAS, 7250 Beds3 Bathrooms2 Parking 2 Best offer over $629,000
Harcourts UNIT 19, 12 CASINO RISE, PROSPECT VALE, TAS, 7250 Beds2 Bathrooms1 Best Offer Over $369,000
Harcourts UNIT 1, 329A WESTBURY RD, PROSPECT VALE, TAS, 7250 Beds3 Bathrooms2 Parking 1 Best Offer Over $495,000
Harcourts 50 CHELTENHAM WAY, PROSPECT VALE, TAS, 7250 Beds4 Bathrooms3 Parking 2 Best Offer Over $745,000
Harcourts UNIT 2, 8 JARDINE CR, PROSPECT VALE, TAS, 7250 Beds2 Bathrooms1 Parking 1 Best Offer Over $409,000
Harcourts UNIT 3, 2 STUART AV, PROSPECT VALE, TAS, 7250 Beds3 Bathrooms1 Parking 2 Best Offer Over $549,000

Local Schools

St Patrick's College

Prospect High School

Summerdale Primary School

Kings Meadows High School

Youngtown Primary School

(While the above schools are located with the suburb of Prospect Vale there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Prospect Vale 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
Jan0.812.925.638.787.73.526.0
Feb1.113.025.040.787.93.120.3
Mar1.611.022.845.591.42.815.7
Apr1.27.319.351.294.42.310.9
May2.04.815.958.796.32.27.8
Jun2.73.413.567.197.42.06.2
Jul3.32.812.963.796.52.56.5
Aug2.23.713.955.193.12.78.9
Sept1.96.016.453.394.62.813.2
Oct1.67.318.647.492.53.218.8
Nov2.49.920.946.491.83.223.7
Dec2.111.223.142.590.13.426.8

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

SummerhillTravellers RestProspectBlackstone HeightsWest LauncestonSouth LauncestonKings MeadowsTrevallynYoungtownHadspen

Public Transport

East Tamar - Less than 10 KM Western Junction - Greater then 10KM Penny Royal - Less than 5 KM Windmill - Less than 5 KM Tamar River Cruises - Less than 10 KM Cataract Cruises - Less than 10 KM

General Points of Interest

Northern Athletics Centre - Less than 10 KM BMX track - Less than 10 KM Bundaleera Wines - Less than 10 KM Trevallyn War Memorial - Less than 10 KM Penny Royal Windmill - Less than 5 KM Poppy Garden - Less than 10 KM Launceston Aquatic - Less than 10 KM Statue of Venus - Less than 10 KM Senses Garden Fountain - Less than 10 KM Horse Riding Area - Less than 5 KM

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