Suburb Report for

Prospect

TAS 7250

Whether you’re looking to buy, sell or rent, stay up to date with what’s happening in Prospect.

About McGrath

Since joining the McGrath family, our agency continues to enjoy growing successes for our clients, consistently achieving results well above market average, setting and breaking local results records and receiving multiple industry awards. We are thrilled that this has all been achieved while maintaining the honesty, integrity, personal service and down-to-earth approach that we are known for.

Market trends for Prospect

View median property prices for Prospect to get a better understanding of local market trends.

House For Sale

12 month snapshot

  • $333K

    Entry

  • $651K

    Median

  • $980K

    Highest

Unit For sale

12 month snapshot

  • $208K

    Entry

  • $550K

    Median

  • $645K

    Highest

House Rental Data

12 month snapshot

  • Median Rental P/W

    $540
  • Rental Yield

    4.31%
  • Number of Rentals

    23

Unit Rental Data

12 month snapshot

  • Median Rental P/W

    $430
  • Rental Yield

    4.07%
  • Number of Rentals

    11

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Prospect stats

Explore key metrics on property trends, demographics, and lifestyle factors defining this suburb. All market transactions.

18

Average Days on Market

Calculated from the latest market transactions

22

Total Sales Last 12 Months in Prospect

$651K

Average Sale Price in Prospect

12.2%

Suburb Growth

12 month snapshot

Recent Suburb Sales

The most recent sales in Prospect.

4 Guinness Court

4 Guinness Court

Prospect TAS 7250

$765,000

Sold July 2026

4 Bed3 Bath4 Car

123 Stanley Street

123 Stanley Street

Prospect TAS 7250

$645,000

Sold July 2026

3 Bed1 Bath1 Car

3/4 Bruce Street

3/4 Bruce Street

Prospect TAS 7250

$400,000

Sold June 2026

2 Bed1 Bath1 Car

265 Westbury Road

265 Westbury Road

Prospect TAS 7250

$699,000

Sold June 2026

3 Bed2 Bath3 Car

269 Westbury Road

269 Westbury Road

Prospect TAS 7250

$380,000

Sold June 2026

2 Bed1 Bath2 Car

2/28 Lila Drive

2/28 Lila Drive

Prospect TAS 7250

$550,000

Sold May 2026

2 Bed1 Bath2 Car

36 Morris Street

36 Morris Street

Prospect TAS 7250

$470,000

Sold May 2026

2 Bed1 Bath1 Car

189 Westbury Road

189 Westbury Road

Prospect TAS 7250

$685,000

Sold May 2026

3 Bed1 Bath5 Car

3 Guinness Court

3 Guinness Court

Prospect TAS 7250

$680,000

Sold April 2026

4 Bed2 Bath2 Car

2/98 Stanley Street

2/98 Stanley Street

Prospect TAS 7250

$600,000

Sold April 2026

2 Bed2 Bath2 Car

10 Trevritch Place

10 Trevritch Place

Prospect TAS 7250

$502,000

Sold April 2026

2 Bed1 Bath2 Car

28 Jasmine Court

28 Jasmine Court

Prospect TAS 7250

$1,200,000

Sold March 2026

5 Bed3 Bath4 Car

5/98 Stanley Street

5/98 Stanley Street

Prospect TAS 7250

$655,000

Sold March 2026

3 Bed2 Bath4 Car

15 Prospect Street

15 Prospect Street

Prospect TAS 7250

$555,000

Sold March 2026

2 Bed1 Bath3 Car

1/11 Jasmine Court

1/11 Jasmine Court

Prospect TAS 7250

$580,000

Sold March 2026

2 Bed1 Bath- Car

2/3 Legges Crescent

2/3 Legges Crescent

Prospect TAS 7250

$550,000

Sold March 2026

2 Bed1 Bath3 Car

8 Deviation Crescent

8 Deviation Crescent

Prospect TAS 7250

$750,000

Sold March 2026

4 Bed1 Bath2 Car

1/15 Palmerston Avenue

1/15 Palmerston Avenue

Prospect TAS 7250

$630,000

Sold February 2026

2 Bed2 Bath2 Car

8 Caroline Street

8 Caroline Street

Prospect TAS 7250

$665,000

Sold February 2026

3 Bed1 Bath1 Car

22 Braeside Street

22 Braeside Street

Prospect TAS 7250

$825,000

Sold February 2026

5 Bed4 Bath2 Car

299 Westbury Road

299 Westbury Road

Prospect Vale TAS 7250

$470,000

Sold February 2026

2 Bed1 Bath- Car

Latest McGrath Market Activity

Discover the latest insights on property transactions, price movements, and demand trends.

202

Total McGrath sales in the last 12 months

$782K

Average Sale Price with McGrath

3526

Buyers Met

Recently sold properties with McGrath

Prospect

8 Deviation Crescent Prospect TAS 7250

$650,000 - $750,000
4
1
2
View 8 Deviation Crescent Prospect TAS 7250
Prospect

2/40 Legges Crescent Prospect TAS 7250

$650,000
3
1
2
View 2/40 Legges Crescent Prospect TAS 7250
Launceston

4 Crown Street Launceston TAS 7250

$950,000 - $1,050,000
4
2
2
View 4 Crown Street Launceston TAS 7250
Prospect Vale

2/22 Clance Avenue Prospect Vale TAS 7250

$745,000 - $795,000
3
2
2
View 2/22 Clance Avenue Prospect Vale TAS 7250

What's your home worth?

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Latest Community News

John McGrath – Consumer Index gives buyers the edgeNEWS

John McGrath – Consumer Index gives buyers the edge

While the current property market may seem subdued, rising consumer confidence and cooler conditions present ideal opportunities for buyers, particularly in affordable and highly liveable cities like Melbourne, says John McGrath, Chief Executive Officer of McGrath Estate Agents. Our current property market is not entirely doom and gloom, according to…
July 26, 2026
buy
John McGrath – Buying and selling in a cooling marketNEWS

John McGrath – Buying and selling in a cooling market

Weekends have always been a busy time for real estate agents, with auctions as well as open homes for prospective buyers and tenants. At the same time, we have been experiencing not only a traditionally quieter Winter season but also a market correction and auction clearance rate declines, which have impacted…
July 19, 2026
John McGrath – A property correction to be expected not fearedNEWS

John McGrath – A property correction to be expected not feared

Real estate has always been a favourite topic of conversation around the dinner table or at coffee catch ups. With so much property noise out there now, these discussions have become even more intense. Wherever you are in the property cycle, you should know one thing: real estate changes invariably…
July 13, 2026

Properties for sale with McGrath

Prospect

192 Westbury Road Prospect TAS 7250

$950,000 - $1,100,000
6
3
3
View 192 Westbury Road Prospect TAS 7250
Riverside

49 Ecclestone Road Riverside TAS 7250

$895,000 - $975,000
3
1
4
View 49 Ecclestone Road Riverside TAS 7250
Riverside

22A Pomona Road Riverside TAS 7250

$865,000 - $935,000
4
2
3
View 22A Pomona Road Riverside TAS 7250
Newstead

2/65 Cypress Street Newstead TAS 7250

$625,000 - $675,000
2
2
2
View 2/65 Cypress Street Newstead TAS 7250

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