Prospect Vale, TAS 7250
Compare Part of Meander Valley
156.62 km
Distance from Hobart CBD
46 k
Population
Median Sale Price
House
-
Updated on Sep 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2022
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $345,000 | 0.0% | $225,000 | $670,000 | 27 |
| 2010 | $320,000 | -7.8% | $210,000 | $625,000 | 33 |
| 2011 | $350,000 | +8.6% | $175,000 | $3,550,000 | 60 |
| 2012 | $350,000 | 0.0% | $225,000 | $750,000 | 51 |
| 2013 | $320,000 | -9.4% | $177,000 | $635,000 | 102 |
| 2014 | $320,000 | 0.0% | $200,000 | $625,000 | 58 |
| 2015 | $359,000 | +10.9% | $11,500 | $1,100,000 | 50 |
| 2016 | $349,000 | -2.9% | $210,000 | $612,500 | 60 |
| 2017 | $340,000 | -2.6% | $186,000 | $605,000 | 73 |
| 2018 | $360,000 | +5.6% | $153,000 | $615,000 | 88 |
| 2019 | $365,000 | +1.4% | $160,000 | $625,000 | 69 |
| 2020 | $415,000 | +12.0% | $260,000 | $750,000 | 87 |
| 2021 | $605,000 | +31.4% | $310,000 | $925,000 | 65 |
| 2022 | $680,000 | +11.0% | $425,000 | $930,000 | 57 |
Median Sale Price
$680K
Based on 62 recorded sales within the last 12 months
Updated on 1 Dec 2022
Suburb Growth
+11.3%
Current Median Price: $680,000
Previous Median Price: $603,000
Based on 129 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
$490
Updated on Sep 2022
2 BR $440 | 3 BR $490 | 4 BR $550 |
Unit
$395
Updated on Sep 2022
1 BR $315 | 2 BR $398 | 3 BR $550 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | $250 | 0.0% | $250 | $250 | 1 |
| 2013 | - | - | - | - | - |
| 2014 | $360 | +30.6% | $260 | $380 | 4 |
| 2015 | $350 | -2.9% | $220 | $500 | 20 |
| 2016 | $360 | +2.8% | $270 | $450 | 12 |
| 2017 | $380 | +5.3% | $250 | $550 | 22 |
| 2018 | $360 | -5.6% | $220 | $550 | 25 |
| 2019 | $400 | +10.0% | $250 | $480 | 23 |
| 2020 | $395 | -1.3% | $275 | $550 | 22 |
| 2021 | $460 | +14.1% | $290 | $625 | 23 |
| 2022 | $480 | +4.2% | $370 | $700 | 33 |
Median Rent Price
$490
per week
Based on 36 recorded rent within the last 12 months
Updated on 1 Dec 2022
Rent Price Growth
+8.2%
Current Median Rent: $490
Previous Median Rent: $450
Based on 59 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.7%
Current Median Price: $680,000
Current Median rent: $490
Based on 98 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)
Schools closest to Prospect Vale, TAS 7250
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Prospect High School | RALPH STREETProspect 7250 | Secondary | Government | 0.77 km |
| St Patrick's CollegeTop 20 | 282 WESTBURY ROADProspect Vale 7250 | Secondary | Catholic | 1.12 km |
| Summerdale Primary School | 82 - 84 STANLEY STREETSummerhill 7250 | Primary | Government | 1.44 km |