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
$653K
Updated on May 2022
2 BR
$555K
3 BR
$618K
4 BR
$763K
Unit
$416K
Updated on May 2022
1 BR
-
2 BR
$384K
3 BR
$568K
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
$660,000
+8.3% $425,000 $925,000 33
Median Sale Price
$650K
Based on 63 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+27.7%
Current Median Price: $650,000
Previous Median Price: $470,000
Based on 147 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$470
Updated on May 2022
2 BR
$400
3 BR
$490
4 BR
$520
Unit
$390
Updated on May 2022
1 BR
$320
2 BR
$393
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 $480 22
2018
$360
-5.6% $220 $550 25
2019
$400
+10.0% $250 $480 23
2020
$395
-1.3% $275 $520 22
2021
$460
+14.1% $290 $625 23
2022
$490
+6.1% $390 $590 14
Median Rent Price
$480
per week
Based on 27 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+10.4%
Current Median Rent: $480
Previous Median Rent: $430
Based on 47 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $650,000
Current Median rent: $480
Based on 90 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 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