TAS · 7250
Prospect Vale
Suburb profile, market snapshot and recent listings for Prospect Vale, TAS 7250.
Median price
$668k
Median rent
$593/wk
Listings
12+
About Prospect Vale
What it's like to live here
Prospect Vale is a rural/residential locality in the local government areas (LGA) of Launceston (1%) and Meander Valley (99%) in the Launceston LGA region of Tasmania. The locality is about 7 kilometres (4.3 mi) south-west of the town of Launceston. The 2016 census recorded a population of 5067 for the state suburb of Prospect Vale.
It is a small suburb of Greater Launceston. Prospect Vale has a small shopping centre, Prospect Vale Marketplace, containing a Woolworths supermarket and a small industrial park lies within its boundaries. Sporting grounds include the St Patrick's Old Collegians Football Club Oval, who compete in the Northern Tasmania Football Association.
Market snapshot
Prospect Vale property market
Headline figures for House · 3 bed.
Median sale
$668k
Median rent (pw)
$593
Days on market
25
Auction clearance
0%
Sold this year
40
Entry-level
$539k
Recent growth
2022
$604k
+0.0%
2023
$622k
+2.9%
2024
$587k
-5.6%
2025
$603k
+2.6%
2026
$668k
+10.8%
Explore the area
Properties & amenities in Prospect Vale
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Properties in Prospect Vale
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For Sale
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Ideal position to build your new home
14 Daytona Rise, Prospect Vale TAS 7250
7250700m²
Howell Property Group2 months ago
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For Sale
$817,000house
Features
Lot 3 Montpelier Drive, Prospect Vale TAS 7250
422249.51m²
Tasland Developments2 months ago
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For Sale
$650,000townhouse
Features
2 & 3/6 Jardine Crescent, Prospect Vale TAS 7250
322185m²
Harrison Agents Launceston1 month ago
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For Sale
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Brand New Quality Build, Premium Finishes, Exceptional Opportunity Awaits!
2/32 Country Club Avenue, Prospect Vale TAS 7250
322167m²
WOLF PROPERTY TASMANIA2 days ago
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Features
22/12 Casino Rise, Prospect Vale TAS 7250
21195m²
Belle Property Launceston2 months ago
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For Sale
$1.70mhouse
The Art of Living: A Palm Springs-Inspired Masterpiece at Country Club Tasmania
95 Country Club Avenue, Prospect Vale TAS 7250
432
McGrath Launceston1 week ago
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Features
120B Mount Leslie Road, Prospect Vale TAS 7250
524699m²
Howell Property Group4 days ago
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For Sale
$320,000land
The Grange, Country Club Estate
The Grange Country Club Estate, Prospect Vale TAS 7250
7250777m²
Harcourts Launceston1 month ago
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For Sale
$350,000land
NEW LAND RELEASE - Stage 2 Montpelier Drive
Montpelier Drive, Prospect Vale TAS 7250
Tasland Developments2 months ago
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For Sale
$895,000house
Open-plan living, immaculate yard and an undercover alfresco, all within walking distance to parks and schools
59 Trafalgar Drive, Prospect Vale TAS 7250
422
McGrath Launceston4 days ago
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$375,000apartment
Enjoy the Ease of Village Living
58/12 Casino Rise, Prospect Vale TAS 7250
21100m²
Key2 Property1 month ago
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Features
Lot 95 Clance Avenue, Prospect Vale TAS 7250
44243m²
Harcourts Launceston2 months ago
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