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
$403K
Updated on Aug 2020
2 BR
$392K
3 BR
$385K
4 BR
$504K
Unit
$320K
Updated on Aug 2020
1 BR
-
2 BR
$310K
3 BR
$397K
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 $730,000 56
Median Sale Price
$401K
Based on 71 recorded sales within the last 12 months
Updated on 26 Sep 2020
Suburb Growth
+10.2%
Current Median Price: $401,000
Previous Median Price: $360,000
Based on 139 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$395
Updated on Aug 2020
2 BR
$293
3 BR
$385
4 BR
$465
Unit
$360
Updated on Aug 2020
1 BR
-
2 BR
$345
3 BR
$440
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
$400
+1.3% $275 $480 16
Median Rent Price
$400
per week
Based on 20 recorded rent within the last 12 months
Updated on 26 Sep 2020
Rent Price Growth
0.0%
Current Median Rent: $400
Previous Median Rent: $400
Based on 42 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.2%
Current Median Price: $401,000
Current Median rent: $400
Based on 91 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)

Auction Results For Prospect Vale

Houses sold in Last 12 months ends 19 Sep 2020

$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