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 › Trafalgar Dr
$1,100,000
Last sold
3 Feb 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
840 m²
Land
295 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
$1,100,000
3 Feb 2026 · 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
+47.7%
Median sale
Suburb $745,000
-1.21 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 premium 2006 brick home on a flat 840sqm block delivers exceptional family living with its standout solar-heated Ozone pool and expansive entertaining patio. The brilliantly designed four-bedroom layout features an impressive stone kitchen with full butler's pantry overlooking the pool, separate lounge for movie nights and central office perfectly positioned for pool supervision.
Luxury continues with ducted reverse cycle air conditioning, zoned heated floors, stylish main bathroom with full bath and main bedroom featuring walk-in double shower and double vanity. Remote security monitoring, automatic watering system and extensive storage including attic space add practicality. Positioned across from tranquil Trafalgar Square in tightly held Prospect Vale, you're walking distance to schools and transport, just 10 minutes to Launceston's CBD and 13 minutes to the airport.
Key Features:
• An immaculate 2006 spacious brick home on a flat 840 sqm block
• A great lifestyle property - plenty of space for all the family
• Fabulous in-ground, solar heated Ozone system pool and large patio - great for BBQs & entertaining
• A brilliantly designed Four-bedroom home in a tightly held pocket of Prospect Vale
• Positioned across from Trafalgar Square - a tranquil setting
• A large and inviting open plan kitchen and family area overlooking the pool
• The impressive kitchen features stone benchtops, sleek cabinetry, full butler's pantry and dishwasher
• The second lounge is the perfect space to enjoy a movie or to seek a quiet space
• Four double bedrooms - all with built-in or walk-in wardrobes
• Main bedroom features a walk-in double shower, double vanity & loads of storage
• The stylish main bathroom features a full bath & stone benchtops
• Enjoy the convenience of a powder room (toilet & basin) for the 3rd toilet option
• Plenty of heating/cooling options with ducted reverse cycle air conditioning & zoned heated floors
• Extensive quality tiling, neutral colours throughout & quality fittings
• Central office, positioned to keep watch on the pool - also great option for home gym/hobby room
• Remote monitored security system, automatic watering system
• Plenty of storage throughout plus attic storage above the garage
• Remote controlled double garage with internal access
• Garden shed, raised vegetable garden beds, fully landscaped
• Easy walking distance to public and private schools, transport
• Close to shops, supermarket and services at Prospect Vale Marketplace or Old Tudor Complex
• Just 10 Minutes' drive to Launceston's CBD and 13 minutes to Launceston Airport
Jeremy Wilkinson - Understanding local property markets - Call for insights
Rental estimate: Up to $900 pw
House size: 246 sqm
Garage size: 49 sqm
Land size: 840 sqm
Built: 2006
Council: Meander Valley
Zoning: General Residential
Council Rates: $ 2,271 pa
**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.