Prospect at a glance
2,016
People
$657,000
Median sale
$531/wk
Median rent
4.20%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
TAS › Prospect › Prospect St
$749,000–$799,000
For sale
Asking range
3
Bedrooms
1
Bathrooms
4
Car spaces
1,478 m²
Land
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
Asking
$749,000–$799,000
Asking range · $507/m² of land
No recorded sale for this property.
Prospect at a glance
2,016
People
$657,000
Median sale
$531/wk
Median rent
4.20%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Prospect
+14.0%
Median sale
Suburb $657,000
-0.51 pp
Gross yield
Suburb 4.20%
Suburb median $657,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$32,847 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Prospect's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $531/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.
Gross yield if leased at the suburb aggregate is 3.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 at a glance
2,016
People
$657,000
Median sale
$531/wk
Median rent
4.20%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by This Space Real EstateTHIS SPACE PRESENTS: 13 Prospect Street, Prospect TAS 7250
Perched gracefully on a very generous parcel of land with strata potential (STCA), in the highly sought-after suburb of Prospect, this inviting residence offers a truly unique living experience. From its elevated position, the home boasts breathtaking panoramic views that stretch across the city and beyond, creating a captivating backdrop everyday.
Step inside and discover a home where spacious living areas flow effortlessly, providing ample room for relaxation and entertaining. Large windows throughout invite the glorious Tasmanian light indoors, highlighting the rich character and genuine warmth of each room. With a layout that caters to both intimate family moments and larger gatherings, this property is a canvas ready for new memories to be made, offering a sense of peace and privacy amidst its expansive grounds.
THIS SPACE: the features.
- Panoramic city and mountain views from an elevated position
- Spacious living areas with large windows creating an abundance of natural light
- 3 comfortable bedrooms
- One spacious bathroom with large bath and two seperate toilets
- Reverse cycle split system and large wood heater
- Downstairs rumpus, with own access.
- Generous 1478 m2 land size with strata development potential (STCA)
- Ample off-street parking
- Large garage, car port, ample shedding and established fruit trees
THIS SPACE: the location.
Nestled in the desirable suburb of Prospect, this home offers an enviable lifestyle in a suburb known for its family-friendly atmosphere, community and easy access to a range of amenities. Residents benefit from close proximity to reputable schools, local shops, cafes, and many essential services, which are all just a short drive away. The Launceston CBD is within easy reach, being just a short drive away (approx 3.8km).
THIS SPACE: the details.
Rental estimate: $580 - $620 per week
Land size: 1478 m2
Built: 1963
Zoning: General Residential
DISCLAIMER: This Space Real Estate provides this information for general guidance only. While every effort is made to ensure accuracy, we make no representations or warranties regarding the completeness or reliability of any information provided. All prospective purchasers should conduct their own investigations. This Space Real Estate accepts no liability for errors, omissions, or misstatements.
PROPERTY ACCESS DISCLAIMER:
Entry to the property requires prior approval from employees of This Space Real Estate. Persons entering or inspecting the property do so entirely at their own risk. This Space Real Estate, the vendor and their representatives accept no liability for any injury, loss or damage sustained while accessing or inspecting the property, including but not limited to slips, trips, falls, snake bites, uneven terrain or natural hazards. All persons should exercise caution and ensure appropriate footwear and care is taken whilst on the property.
VIRTUAL STAGING DISCLAIMER:
Some images in this advertisement may have been digitally staged for illustrative purposes only. Virtual staging is used to demonstrate the potential of a space and does not represent the actual furnishings, finishes, or condition of the property. Prospective purchasers should rely on their own inspection and not on virtually staged images when making any decisions. This Space Real Estate accepts no liability for any discrepancy between virtually staged images and the actual property.
Property Code: 385
Listing description written by Hannah Place, This Space Real Estate — reproduced as published, not verified by Districts.