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 Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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% | $462,000 | $800,000 | 22 |
Median Sale Price
$630K
Based on 60 recorded sales within the last 12 months
Updated on 25 Apr 2024
Suburb Growth
-4.0%
Current Median Price: $630,000
Previous Median Price: $655,000
Based on 122 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | $550 | +10.9% | $400 | $575 | 6 |
Median Rent Price
$485
per week
Based on 31 recorded rent within the last 12 months
Updated on 25 Apr 2024
Rent Price Growth
-1.0%
Current Median Rent: $485
Previous Median Rent: $490
Based on 72 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4%
Current Median Price: $630,000
Current Median rent: $485
Based on 91 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 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 |