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Investment Property Prospect Vale, TAS, 7250

Suburb Snapshot

Prospect Vale is a suburb in the Meander Valley Region of Tasmania. Prospect Vale has a population of 5,067 people and 22.70% of its occupants live in rental accommodation. The median listing price for houses is $629,000 and this has changed -3.16% over the past year and changed 5.00% over 2 years.

The median rent in Prospect Vale for houses is $455 per week and the median rental yield is 3.76%. Stock on the market for houses/townhouses has changed -8.82% compared to last year and the average time to sell a house/townhouse is 107 days.The median listing price for units is $469,000 and this has changed -1.27% over the past year. The average unit takes 55 days to sell and the median rent for a unit in Prospect Vale is $390 per week, producing a rental yield of 4.32%.

Supply & Demand in Prospect Vale, Meander Valley

0.49%

Current vacancy rate


13

Rental stock available


5,067

Population


22.70%

Rental population


0.37%

Current vacancy rate


37

Rental stock available


19,279

Population


19.02%

Rental population


0.71%

Current vacancy rate


1,941

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Prospect Vale, Meander Valley

  House Townhouses Units
Median listing price $629,000 NA $469,000
Median price change - last quarter -0.95% NA -3.30%
Median price change - 1 year -3.16% NA -1.27%
Median price change - 2 years 5.00% NA -3.30%
  House Townhouses Units
Median weekly rent $455 NA $390
Median yield % 3.76% NA 4.32%
Median rent change - 1 year -7.15% NA 0.00%
  House Units
Previous month sales 0 0
Stock on market previous month 31 6
Stock variance vs. last year -8.82% 100.00%
Average days on market 107 55

Prospect Vale investment property listings

Showing 5 of 38 investment properties found in Prospect Vale on realestateinvestar.com.au

53 Country Club Ave, Prospect Vale

$569,000

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Your Sunny Home Awaits

53 Country Club Avenue, Prospect Vale - a coveted address suitable for families, retirees, and professionals alike. This delightful 3-bedroom, 2-bathroom residence exudes charming street appeal, nestled on a spacious 756 square metre block in the highly desirable Prospect Vale locale. Surrounded ...

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TAS 7250


50 Cheltenham Way, Prospect Vale

$699,000

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Solar-Powered Family Haven in Prospect Vale

Nestled in sought-after Prospect Vale, this spacious 336 sqm residence offers ample space for every member of your family to thrive. Boasting a large 8KW solar power system, now is the perfect time to enjoy significant savings on your energy bills. Situated on a generous corner block, this home ...

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TAS 7250


3/11 Burrows St, Prospect Vale

$575,000

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Perfect in every way

Stunning brand new 3 bedroom, 2 bathroom unit in a highly desired location. Privately positioned in the sought-after community of Prospect Vale, this immaculate brand new property offers the epitome of modern living, boasting both comfort and convenience. This spacious 3-bedroom, 2-bathroom unit ...

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Unit

TAS 7250


3 Stuart Ave, Prospect Vale

$500,000

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Private, Easy-Care Lifestyle

Nestled on a peaceful street in Prospect Vale, this sturdy brick home offers comfortable living in a prime location. Step inside to find a practical layout with an updated kitchen that offers plenty of storage and bench space. The kitchen seamlessly connects to a spacious living area that is ...

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TAS 7250


12 Holyman Dr, Prospect Vale

$749,000

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Family Friendly in Sought After Street

Nestled within the heart of Prospect Vale, 12 Holyman Drive offers an unparalleled opportunity for families, mainlanders, and retirees seeking a lifestyle harmoniously blending comfort and convenience. This quality 3-bedroom house, boasting 2 bathrooms and off-street parking for two vehicles, is ...

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TAS 7250


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