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 › Holyman Dr
$980,000
Last sold
27 Mar 2025
5
Bedrooms
2
Bathrooms
4
Car spaces
972 m²
Land
302 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
27 Mar 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
+31.5%
Median sale
Suburb $745,000
-0.90 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 Sims for PropertyPositioned in a prime location within one of Prospect Vale's most sought-after pockets, this exceptional family home offers a seamless blend of luxury, comfort, and practicality. Set on a generous 972m² (approx.) allotment in a flat, walkable neighbourhood surrounded by parks, reserves, and walking tracks, this property delivers an enviable lifestyle for the whole family.
Stepping inside, the thoughtfully designed floorplan unfolds with a grand entryway leading to expansive living spaces. The open-plan kitchen, living, and dining area is a true centrepiece, featuring soaring 2.7m ceilings, sleek porcelain tiled flooring with underfloor heating, and a stunning kitchen equipped with high-end Bosch appliances, including a near-new dishwasher. A large walk-in pantry provides additional storage, while built-in window seats with storage and beautiful timber detailing add warmth and charm to three of the bedrooms. The home also features a refined formal lounge, offering a peaceful retreat for cozy winter evenings.
The master suite is a private haven, boasting a spacious walk-in dressing room and a luxurious ensuite with an oversized walk-in shower. The children's wing is thoughtfully positioned away from the master and includes four generous bedrooms, all featuring built-in robes, desks, and ample storage. A stylish family bathroom with a large spa, services this zone, while a well-appointed laundry and mudroom add further practicality.
Other features throughout the home are; ducted heating and cooling system for year-round climate control, a ducted vacuum system for effortless cleaning, an advanced alarm system for peace of mind, and underfloor heating in key living areas for ultimate comfort.
Stepping outside, the home continues to impress with an outstanding alfresco setting. A large, elevated deck extends from the main living space, providing the perfect environment for entertaining, relaxing, or enjoying alfresco dining while overlooking the beautifully landscaped backyard. The expansive, level yard is framed by established gardens, offering a private and tranquil retreat for the whole family to enjoy. A rare feature of this property is its direct rear-gate access to the picturesque reserve behind, creating an extended backyard feel and additional space for outdoor recreation. With a fully zoned, automated sprinkler system covering the entire block, the gardens remain lush and vibrant year-round with minimal effort.
This home is as practical as it is luxurious, with a larger-than-usual double garage offering ample storage and featuring an electric vehicle charger. Side and rear access provide additional secure space for a caravan or boat, catering to those who love adventure and travel.
Surrounded by an abundance of parks, reserves, and scenic walking tracks, this location is ideal for families and pet owners alike. Just six minutes from the breathtaking Cataract Gorge and a mere ten-minute drive to Launceston's vibrant city centre, the home also enjoys unparalleled convenience with St Patrick's College within walking distance and Prospect Marketplace shopping centre and sports grounds just moments away.
With every detail carefully considered and the home impeccably maintained, this outstanding residence offers a rare opportunity to secure a high-quality property in a prestigious location, delivering the ultimate in modern family living.
- Prime location, in highly sought after pocket of Prospect Vale;
- Large, flat yard with established gardens;
- Stylish kitchen with quality Bosch appliances;
- Large deck area overlooking the backyard, perfect for entertaining;
- Electric vehicle charger, Ducted heating & Cooling + Ducted Vacuum System;
- Side gate/backyard access with space for caravan/boat
- Great storage options throughout;
Built: 2006
Municipality: Meander Valley
Land size: 972m2 approx.
House size: 302m2 approx.
Council rates: $2,244.00pa approx.
Water Rates: $1,200.00pa approx.
Zoning: General Residential
School Catchments: Summerdale Primary School, Prospect High School & St Pats College
Sims for Property 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.
Listing description written by Richard Sims, Sims for Property — reproduced as published, not verified by Districts.