Download your FREE reports now!

Investment Property Prospect, TAS, 7250

Suburb Snapshot

Prospect is a suburb in the Launceston Region of Tasmania. Prospect has a population of 1,721 people and 29.76% of its occupants live in rental accommodation. The median listing price for houses is $567,500 and this has changed 3.36% over the past year and changed -5.26% over 2 years.

The median rent in Prospect for houses is $485 per week and the median rental yield is 4.44%. Stock on the market for houses/townhouses has changed -25.00% compared to last year and the average time to sell a house/townhouse is 53 days.The median listing price for units is $452,500 and this has changed -8.03% over the past year. The average unit takes 73 days to sell and the median rent for a unit in Prospect is $390 per week, producing a rental yield of 4.48%.

Supply & Demand in Prospect, Launceston

0.77%

Current vacancy rate


7

Rental stock available


1,721

Population


29.76%

Rental population


0.70%

Current vacancy rate


226

Rental stock available


65,275

Population


30.07%

Rental population


0.49%

Current vacancy rate


1,351

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, Launceston

  House Townhouses Units
Median listing price $567,500 NA $452,500
Median price change - last quarter 3.21% NA -4.91%
Median price change - 1 year 3.36% NA -8.03%
Median price change - 2 years -5.26% NA -8.96%
  House Townhouses Units
Median weekly rent $485 NA $390
Median yield % 4.44% NA 4.48%
Median rent change - 1 year 1.04% NA 2.63%
  House Units
Previous month sales 1 0
Stock on market previous month 9 2
Stock variance vs. last year -25.00% -66.67%
Average days on market 53 73

Prospect investment property listings

0 found properties in Prospect on realestateinvestar.com.au

Navigate to more Suburbs, Regions or States