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 › Lomond View Dr
$785,000
Last sold
29 Feb 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
909 m²
Land
224 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
$785,000
29 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Prospect Vale (last 5 years) with land size have a median of $853/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
+5.4%
Median sale
Suburb $745,000
-0.19 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 PropertyNestled in the sought-after suburb of Prospect Vale, 29 Lomond View Drive presents a captivating 4-bedroom family home, perfectly positioned to offer a picturesque outlook. Elevated to maximize the stunning surroundings, this residence provides an ideal setting for comfortable family living.
Internally, the home boasts four spacious bedrooms, with the master suite standing out as a luxurious retreat. The master bedroom features a generously sized walk-in robe and a stylish ensuite complete with a double basin and a separate shower. Adding to its allure, the master suite provides direct access to the outdoor deck area, seamlessly blending indoor and outdoor living.
The additional three bedrooms are equally impressive, each adorned with built-in robes and serviced by a central family bathroom, which includes a separate bath and shower for added convenience. The open-plan living and kitchen area takes full advantage of the elevated position, offering a space that is both functional and inviting. The home is kept comfortable all year around with ducting heating throughout plus a reverse cycle air conditioning system.
The well-appointed kitchen is a highlight, featuring ample bench and cupboard space, including a large island bench. Quality appliances, such as a 900mm oven and dishwasher, contribute to the home's overall appeal. The adjacent outdoor undercover deck provides an ideal spot for entertaining, creating a seamless transition from indoor to outdoor living through sliding doors.
Further enhancing the family-friendly features, the home includes a second living area, providing ample space for everyone to gather. This space also features a gas heater for added ambiance. Storage is not a concern, with great storage solutions throughout the home and a separate laundry space with direct outdoor access.
Externally, the property offers a fully fenced yard, ensuring a secure space for children and pets to play freely. A double garage with internal access, along with additional car access to the rear yard and parking space, adds to the practicality of the property. The vast under-house storage/workspace area further complements the home's functionality.
Conveniently located in the popular suburb of Prospect Vale, residents enjoy proximity to Prospect Market Place, the Old Tudor Complex, and local public and private schools. With the added benefit of being a short drive from Launceston CBD, 29 Lomond View Drive presents an exceptional opportunity to embrace comfortable family living in a picturesque setting.
• 4 bedrooms, 2-bathroom property;
• Open plan living;
• Spacious kitchen with quality appliances;
• Gas heating & hot water;
• Great outdoor deck space;
• Fully fenced yard.
Year Built: 2007
House Size: 224m2
Land Size: 909m2
Council Rates: $1,400pa approx
Water Rates: $1,000pa approx
Municipality: Meander Valley Council
School Catchments: Summerdale Primary & Prospect High
Zoning: General Residential
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.