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 › Peppermint Pl
$980,000
Last sold
3 Sept 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
721 m²
Land
210 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
$980,000
3 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Prospect (last 5 years) with land size have a median of $829/m² of land (n=62). Districts calculation from recorded sales — not a valuation.
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
+49.2%
Median sale
Suburb $657,000
-1.38 pp
Gross yield
Suburb 4.20%
Suburb median $657,000 from 13 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 $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.
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
UnknownArea
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 Harrison Agents LauncestonAt the very end of a quiet cul-de-sac in Prospect, you'll find this big hearted family home that has been designed with space, lifestyle and a little bit of fun in mind. Surrounded by other quality homes, it immediately sets the tone for the kind of address you'll be proud to call your own.
Step upstairs and the home wastes no time showing off, greeting you with a generous living room that opens onto a balcony with views stretching out to the mountains. It's the kind of spot you'll happily claim for your morning coffee ritual or a glass of wine at sunset.
From here, the floor plan flows into the main hub of the home, a sprawling kitchen and dining area that does everything in style and in scale. There's room for a big family table and even another lounge area, with TV ports and brackets already fitted to make movie nights a breeze. Off to the side, a discreet study nook is tucked away for when work or homework calls.
The kitchen itself is every bit as practical as it is impressive, featuring an electric cooktop, oven, range hood, dishwasher and even a fridge that has been plumbed in and perfectly fitted, so you won't have to lift a finger. Add to that a walk in pantry large enough to keep everything neat, organised and out of sight, you'll be hard pressed to find a better setup.
Upstairs also delivers four bedrooms, each bathed in natural light and fitted with built in robes. The master adds a private ensuite and its own walk in robe, while the main bathroom ties everything together with a family friendly design. Featuring a bath, shower, vanity and a cleverly tucked away toilet.
But the story doesn't end there. Head downstairs and the home reveals its secret weapon - a second living zone that can flex to suit just about anything, rumpus, guest quarters, teenager's retreat or even semi-independent living with its own entry and toilet.
This level also boasts a double garage and laundry with internal access, and an extra space just waiting to become a home gym, storage zone or hobby room. Practicality runs through every corner, with ducted heating and cooling, full fencing and plenty of off street parking to top it all off.
Outdoors, the yard has been fully landscaped for easy living, with the bonus of artificial grass that keeps it looking pristine without the weekend mowing marathon. Entertaining is covered too, quite literally, with an undercover alfresco area that flows seamlessly from the dining space. For those warm summer evenings, an additional deck has been cleverly placed to soak up the sun and the outlook.
And then, of course, there's the location. Within five minutes you've got Prospect's schools, shops, medical centres and recreational grounds at your fingertips, plus the CBD and Cataract Gorge only 10 minutes away. Convenience doesn't get much better.
This home isn't just big, it's brilliantly designed, wonderfully versatile and ready for you to enjoy all of it.
Listing description written by Josh Schaeche, Harrison Agents Launceston — reproduced as published, not verified by Districts.
Nearby 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.