Prospect Vale, TAS 7250

Prospect Vale, TAS 7250

Compare Part of Meander Valley

156.62 km
Distance from CBD
46 k
Population
Median Sale Price
House
$415K
Updated on Apr 2021
2 BR
$310K
3 BR
$375K
4 BR
$625K
Unit
$325K
Updated on Apr 2021
1 BR
-
2 BR
$305K
3 BR
$449K
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 $635,000 101
2014
$320,000
0.0% $200,000 $625,000 58
2015
$358,000
+10.6% $11,500 $1,100,000 48
2016
$337,000
-6.2% $210,000 $612,500 57
2017
$345,000
+2.3% $186,000 $605,000 70
2018
$360,000
+4.2% $153,000 $615,000 84
2019
$365,000
+1.4% $160,000 $625,000 66
2020
$404,000
+9.7% $260,000 $750,000 81
2021
$594,246
+32.0% $310,000 $925,000 26
Median Sale Price
$448K
Based on 73 recorded sales within the last 12 months
Updated on 22 Jun 2021
Suburb Growth
+13.8%
Current Median Price: $448,000
Previous Median Price: $386,000
Based on 145 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$425
Updated on May 2021
2 BR
$330
3 BR
$423
4 BR
$480
Unit
$338
Updated on May 2021
1 BR
-
2 BR
$325
3 BR
$500
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 $480 22
2018
$360
-5.6% $220 $500 25
2019
$395
+8.9% $250 $480 23
2020
$395
0.0% $275 $520 22
2021
$450
+12.2% $290 $625 9
Median Rent Price
$430
per week
Based on 20 recorded rent within the last 12 months
Updated on 22 Jun 2021
Rent Price Growth
+9.3%
Current Median Rent: $430
Previous Median Rent: $390
Based on 45 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5%
Current Median Price: $448,000
Current Median rent: $430
Based on 93 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)

Auction Results For Prospect Vale

Houses sold in Last 12 months ends 19 Jun 2021

$386K

Median Sale Price

100%

Clearance Rate

2/2

Sold/Reported

$386K

Highest Sale Price

Sold Price Range No. of Sold Properties
less than $400 K
(Median Price Range)
1

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