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 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
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 | $660,000 | +8.3% | $425,000 | $975,000 | 61 |
| 2023 | $640,000 | -3.1% | $465,000 | $895,000 | 61 |
| 2024 | $620,000 | -3.2% | $430,000 | $950,000 | 62 |
Median Sale Price
$620K
Based on 67 recorded sales within the last 12 months
Updated on 5 Nov 2024
Suburb Growth
-3.2%
Current Median Price: $620,000
Previous Median Price: $640,000
Based on 129 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
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 | $380 | 0.0% | $220 | $550 | 25 |
| 2019 | $400 | +5.0% | $250 | $480 | 23 |
| 2020 | $410 | +2.4% | $275 | $550 | 22 |
| 2021 | $460 | +10.9% | $290 | $625 | 23 |
| 2022 | $480 | +4.2% | $370 | $750 | 43 |
| 2023 | $490 | +2.0% | $310 | $680 | 35 |
| 2024 | $540 | +9.3% | $360 | $750 | 22 |
Median Rent Price
$540
per week
Based on 26 recorded rent within the last 12 months
Updated on 5 Nov 2024
Rent Price Growth
+9.3%
Current Median Rent: $540
Previous Median Rent: $490
Based on 67 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.5%
Current Median Price: $620,000
Current Median rent: $540
Based on 93 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
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 |