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 › Bordin St
4
Bedrooms
2
Bathrooms
6
Car spaces
1,203 m²
Land
285 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Prospect Vale (last 5 years) with land size have a median of $864/m² of land (n=73). 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.
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 LauncestonTucked away in a peaceful pocket, this is a home that lets you breathe.
From the moment you arrive, there's an undeniable sense of calm, a gentle stillness that wraps around you like a deep exhale. Backing onto a neighbouring reserve, the property is perfectly positioned to take full advantage of its serene and private outlook. Lush gardens unfold around the home, seamlessly blending with the natural landscape to create a setting that feels worlds away.
The home is thoughtfully designed to offer space and connection. Four generous bedrooms are positioned to provide both privacy and peace, while the master suite stands apart, complete with a large walk-in robe, ensuite, and framed views across the beautifully manicured Japanese garden. Just next door, the home office offers a peaceful place to focus, with soft garden light spilling through the window.
A spacious and inviting open-plan living area flows effortlessly into the outdoors. Here, the garden becomes an extension of your living space, a place where you can move freely from the kitchen to the courtyard, where entertaining is a joy and quiet moments come naturally. Listen as water gently trickles from the fountain, the fire in the pizza oven crackles to life, and soft lights strung through the established olive trees cast a golden glow across the evening.
Whether you're hosting friends or unwinding solo, this is a space to restore, to reconnect, and to simply be.
Location wise, it doesn't get much more convenient. Prospect Vale has long been a favourite, and it's easy to see why. The Prospect Vale Marketplace is just minutes away for groceries, cafes, and day to day essentials, and there's no shortage of quality schools nearby, St Patrick's College, Summerdale Primary, and Prospect High are all within easy reach.
And then there's the Launceston Country Club, just a few minutes up the road. Whether it's a round of golf, dinner with friends, or a night at the casino, it's a real asset to have on your doorstep. Add in the nearby walking trails, parks, and easy access to the city, and you've got a location that really ticks the boxes.
If you've been looking for a home that offers space, privacy, and a little bit of magic, you have just found it!
Built: 2013
Council Rates: $2,050
Water rates: $1,500
**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 Bibby Davidson, Harcourts Launceston — reproduced as published, not verified by Districts.