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 › Hammond Ct
$970,000
Last sold
6 Mar 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
828 m²
Land
256 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
$970,000
6 Mar 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
+30.2%
Median sale
Suburb $745,000
-0.87 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 a tightly held and peaceful pocket of Prospect Vale, 5 Hammond Court presents a beautifully manicured family home that delivers space, quality and a thoughtful layout on a generous allotment. Constructed in solid brick and surrounded by established gardens, the home makes an immediate impression from the street. On arrival, the eye is drawn to the meticulously maintained front garden, while a lovely wide entryway provides a warm and welcoming introduction to the home's inviting interior.
The internal layout comprises three bedrooms plus a dedicated study, providing ample accommodation for families or those needing a work-from-home space. The master suite is positioned privately away from the remaining bedrooms, creating a peaceful retreat. It includes a walk-in robe and a stylish ensuite complete with a walk-in shower and a vanity topped with a marble benchtop. The other two bedrooms are located in their own wing of the home, both generous in size and fitted with built-in robes, with the study conveniently nearby. The main bathroom is well designed for family use, featuring a freestanding bath, a separate shower and a separate toilet for added practicality.
Designed with family living in mind, the open plan living area forms the true heart of the residence. The spacious kitchen is both functional and well-appointed, featuring quality appliances, granite benchtops and excellent cupboard storage, making it ideal for both everyday use and entertaining. The dining and main living zones sit seamlessly alongside the kitchen, allowing for easy interaction and a natural flow that keeps everyone connected. In addition to this central space, a second separate living area offers valuable flexibility, perfect as a children's retreat or quiet sitting room away from the main hub of the home.
Outdoor living has been thoughtfully catered for with an impressive entertaining area fitted with outdoor blinds, allowing the space to be enclosed and enjoyed comfortably throughout the seasons. A second outdoor entertaining area provides even more room to host gatherings or enjoy time outdoors with family and friends. The gardens are beautifully landscaped and maintained, and the fully fenced yard offers a secure environment for children and pets to play. A double garage with internal access adds everyday convenience, while additional off-street parking secure parking for a caravan, boat or extra cars which is secured by electric gates which further enhances the home's practicality.
Positioned in a quiet and private location, the home is close to Peel Street Recreation Reserve and other nearby parks, offering excellent options for outdoor activity. Quality schools, Prospect Vale Marketplace and local bus services are all within easy walking distance, and Launceston's CBD is just a short drive away. This property combines a well-considered floorplan, quality finishes and an excellent location to create a comfortable and highly appealing family home.
Year Built: 2001
House Size: 256.78m2
Land Size: 828m2
Council Rates: $1,828pa approx
Water Rates: $1,200pa approx
Municipality: Meander Valley Council
School Catchments: Summerdale Primary School and Queechy High School
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.