Prospect, TAS 7250

Prospect, TAS 7250

Compare Part of Launceston

157.71 km
Distance from CBD
46 k
Population
Median Sale Price
House
$560K
Updated on May 2022
2 BR
$495K
3 BR
$563K
4 BR
$630K
Unit
$465K
Updated on May 2022
1 BR
-
2 BR
$436K
3 BR
$555K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$285,000
0.0% $184,000 $535,000 59
2010
$329,000
+13.4% $140,000 $570,000 34
2011
$318,000
-3.5% $210,000 $510,000 36
2012
$295,000
-7.8% $93,000 $480,000 31
2013
$287,000
-2.8% $135,000 $437,000 36
2014
$295,000
+2.7% $62,500 $565,000 36
2015
$295,000
0.0% $176,000 $668,000 35
2016
$280,000
-5.4% $165,000 $592,000 37
2017
$300,000
+6.7% $175,000 $690,000 41
2018
$345,000
+13.0% $160,000 $570,000 42
2019
$345,000
0.0% $193,000 $605,000 32
2020
$366,000
+5.7% $180,000 $740,000 30
2021
$500,000
+26.8% $224,000 $780,000 33
2022
$580,000
+13.8% $375,000 $750,000 20
Median Sale Price
$532K
Based on 37 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+21.1%
Current Median Price: $532,000
Previous Median Price: $420,000
Based on 74 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
$450
Updated on May 2022
2 BR
$360
3 BR
$450
4 BR
$498
Unit
$408
Updated on May 2022
1 BR
$220
2 BR
$428
3 BR
$450
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
-
- - - -
2012
$475
0.0% $370 $475 2
2013
$350
-35.7% $350 $350 1
2014
$320
-9.4% $170 $550 58
2015
$315
-1.6% $190 $550 70
2016
$330
+4.5% $190 $595 62
2017
$320
-3.1% $180 $650 37
2018
$330
+3.0% $260 $590 32
2019
$350
+5.7% $240 $600 35
2020
$360
+2.8% $160 $600 37
2021
$400
+10.0% $220 $550 29
2022
$450
+11.1% $250 $630 19
Median Rent Price
$450
per week
Based on 30 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+11.1%
Current Median Rent: $450
Previous Median Rent: $400
Based on 68 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.4%
Current Median Price: $532,000
Current Median rent: $450
Based on 67 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, TAS 7250

School name Address Type Sector Distance
Summerdale Primary School 82 - 84 STANLEY STREETSummerhill 7250 Primary Government 0.47 km
Prospect High School RALPH STREETProspect 7250 Secondary Government 0.63 km
St Patrick's CollegeTop 20 282 WESTBURY ROADProspect Vale 7250 Secondary Catholic 0.72 km
Glen Dhu Primary School 270 WELLINGTON STREETSouth Launceston 7249 Primary Government 1.77 km