Prospect, TAS 7250

Prospect, TAS 7250

Compare Part of Launceston

157.71 km
Distance from CBD
46 k
Population
Median Sale Price
House
$358K
Updated on Feb 2021
2 BR
$358K
3 BR
$347K
4 BR
$430K
Unit
$353K
Updated on Feb 2021
1 BR
-
2 BR
$327K
3 BR
$436K
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
$273,000
-8.1% $165,000 $592,000 36
2017
$305,000
+10.5% $175,000 $690,000 39
2018
$345,000
+11.6% $160,000 $570,000 42
2019
$345,000
0.0% $193,000 $605,000 30
2020
$356,000
+3.1% $180,000 $680,000 28
2021
$485,000
+26.6% $224,000 $638,000 8
Median Sale Price
$380K
Based on 32 recorded sales within the last 12 months
Updated on 19 Apr 2021
Suburb Growth
+13.7%
Current Median Price: $380,000
Previous Median Price: $328,000
Based on 57 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$360
Updated on Mar 2021
2 BR
$305
3 BR
$365
4 BR
$470
Unit
$295
Updated on Mar 2021
1 BR
$225
2 BR
$295
3 BR
$410
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
$310
-3.2% $190 $550 70
2016
$330
+6.1% $190 $595 62
2017
$320
-3.1% $180 $650 37
2018
$330
+3.0% $260 $590 32
2019
$350
+5.7% $240 $580 35
2020
$360
+2.8% $160 $600 36
2021
$400
+10.0% $220 $550 6
Median Rent Price
$370
per week
Based on 31 recorded rent within the last 12 months
Updated on 19 Apr 2021
Rent Price Growth
+8.1%
Current Median Rent: $370
Previous Median Rent: $340
Based on 69 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.1%
Current Median Price: $380,000
Current Median rent: $370
Based on 63 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)

Auction Results For Prospect

Houses sold in Last 12 months ends 17 Apr 2021

$335K

Median Sale Price

100%

Clearance Rate

2/2

Sold/Reported

$335K

Highest Sale Price

Sold Price Range No. of Sold Properties
less than $400 K
(Median Price Range)
2

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