Prospect Vale at a glance
5,623
People
$745,000
Median sale
$536/wk
Median rent
3.74%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
TAS › Prospect Vale › Nanke Ct
$775,000
Last sold
28 May 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
663 m²
Land
214 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$775,000
28 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Prospect Vale (last 5 years) with land size have a median of $852/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
Prospect Vale at a glance
5,623
People
$745,000
Median sale
$536/wk
Median rent
3.74%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Prospect Vale
+4.0%
Median sale
Suburb $745,000
-0.14 pp
Gross yield
Suburb 3.74%
Suburb median $745,000 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $536/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Prospect Vale at a glance
5,623
People
$745,000
Median sale
$536/wk
Median rent
3.74%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts LauncestonThis immaculate 2018 brick home sits among other quality residences, offering modern comfort and thoughtful design. Three fixed big-screen televisions with surround sound enhance the lounge, while the well-appointed open-plan kitchen features a sunny breakfast bar and dishwasher. Spacious family living and dining areas are complemented by a separate formal lounge. The privately positioned master bedroom includes a walk-in wardrobe and stylish ensuite, with three additional double bedrooms all featuring built-in wardrobes. A freestanding bath adds a touch of luxury to the large main bathroom, with an extra powder room for convenience.
Stay comfortable year-round with reverse cycle air conditioning and entertain with ease in the indoor/outdoor room, complete with plumbing and sink. A double remote-controlled garage, extra off-street parking, fully fenced yard with automatic gates and a playground next door add to the appeal. Conveniently close to shops, supermarkets, quality schools and just 10 minutes from Launceston's CBD.
• A 2018 brick home in pristine condition amongst other quality homes
• Includes 3 big screen televisions (fixed to walls) & surround sound in lounge room
• Modern open plan well-appointed kitchen, including dishwasher & sunny breakfast bar
• Generous family living and dining spaces plus a separate formal lounge room
• Large master bedroom, walk-in wardrobe & stylish ensuite (privately positioned separately from the other bedrooms)
• Three additional double bedrooms (all with built in wardrobes)
• Large main bathroom features a luxurious freestanding bath
• Convenient powder room (toilet & basin)
• Choice of reverse cycle air conditioners
• Fully glazed indoor/outdoor room with bar, sink, running hot/cold water - perfect for entertaining all year round
• Double remote controlled garage with internal access & extra off street parking
• Fully landscaped, flat and easy care block
• Fully fenced and automatic front gates
• Close to shops, supermarkets and all city facilities
• Walking distance to quality public and private schools
• Only 10 minutes to Launceston's CBD
Contact Jeremy Wilkinson for your inspection.
Rental Estimate: Up to $700 pw
House size: 175m²
Garage size: 39m²
Terrace size: 27m²
Land size: 663m²
Built: 2018
Rates: $1775 pa
Council Zoning: 10.0 General Residential
Council: Meander Valley
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
Listing description written by Jeremy Wilkinson, Harcourts Launceston — reproduced as published, not verified by Districts.