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 › Westbury Rd
$505,000
Last sold
14 Oct 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
716 m²
Land
107 m²
Building
Districts View
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
$505,000
14 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Prospect Vale (last 5 years) with land size have a median of $865/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
-32.2%
Median sale
Suburb $745,000
+1.78 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 Harrison Agents LauncestonNestled in the vibrant community of Prospect Vale, this beautifully kept family home offers a blend of comfort, convenience and timeless appeal.
Offering three bedrooms, two of which are equipped with built-in robes, this residence caters perfectly to family living. The third bedroom is a highlight, featuring a generous walk-in robe that adds a touch of elegance. The home's well planned layout includes a bathroom situated between the bedrooms, designed to accommodate the needs of a busy household.
The kitchen and dining, freshly painted, enjoys a lovely view of the backyard, making it a bright and inviting space for cooking and gathering. Whether it's a casual breakfast or preparing a feast, this kitchen is a functional and stylish hub of the home.
Living spaces abound, providing plenty of room for everyone to find their favourite spot. The family room at the rear stands out with it's cozy woodfire and large glass windows, creating a warm and inviting atmosphere. This room is perfect for spending quality time with loved ones or enjoying the glow of the fire on a chilly evening. At the front, lies an additional living space which further connects to an open sunroom. This area offers a versatile space that could serve as a quiet reading area, a playroom or a sunlit retreat to enjoy a cup of tea.
It doesn't end there, equipped with practical features that enhance everyday living - a solar panel system with a new inverter promotes energy efficiency, while the heat transfer system ensures the home stays warm throughout. Gas hot water adds another layer of practicality, providing reliable and efficient heating.
Step outdoors to find a meticulously maintained yard, featuring lush greenery and a private courtyard - an ideal space for growing your fresh produce or simply enjoying the outdoors in privacy. The double garage at the rear offers secure parking and additional storage space, while the attached greenhouse is a gardener's dream, providing the perfect environment for growing your favorite plants year round.
Positioned within walking distance to everything Prospect Vale has to offer, you'll have easy access to a range of amenities including multiple Primary and High Schools, the popular Olde Tudor Complex, Prospect Vale Marketplace, and a variety of local coffee shops and takeaways.
This property is more than just a house, it's a place where memories are made and a lifestyle is enjoyed. Don't miss the opportunity to make this wonderful property yours.
Listing description written by Josh Schaeche, Harrison Agents Launceston — reproduced as published, not verified by Districts.