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.

Median price

5-year trend · 12 month snapshot
Price range · last 12 months
Entry
Median
Highest

Year on year

Median · growth · sales volume

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Recent Suburb Sales

The most recent sales in Prospect.

1 Kenbrae Place

1 Kenbrae Place

Prospect TAS 7250

$657,000

Sold August 2026

3 Bed1 Bath1 Car

Sold by McGrath192 Westbury Road

192 Westbury Road

Prospect TAS 7250

$975,000

Sold July 2026

6 Bed3 Bath- Car

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

1/28-30 Ingamells Street

1/28-30 Ingamells Street

Prospect TAS 7250

$550,000

Sold July 2026

2 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

10 Trevritch Place

10 Trevritch Place

Prospect TAS 7250

$502,000

Sold April 2026

2 Bed1 Bath2 Car

1 Nanette Court

1 Nanette Court

Prospect TAS 7250

$460,000

Sold March 2026

2 Bed1 Bath1 Car

28 Jasmine Court

28 Jasmine Court

Prospect TAS 7250

$1,200,000

Sold March 2026

5 Bed3 Bath2 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

5/98 Stanley Street

5/98 Stanley Street

Prospect TAS 7250

$655,000

Sold March 2026

3 Bed2 Bath2 Car

Sold by McGrath8 Deviation Crescent

8 Deviation Crescent

Prospect TAS 7250

$750,000

Sold March 2026

4 Bed1 Bath- Car

2/3 Legges Crescent

2/3 Legges Crescent

Prospect TAS 7250

$560,000

Sold February 2026

2 Bed1 Bath3 Car

2/98 Stanley Street

2/98 Stanley Street

Prospect TAS 7250

$600,000

Sold February 2026

2 Bed2 Bath1 Car

Latest McGrath Market Activity

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

170

Total McGrath sales in the last 12 months

$740K

Median Sale Price with McGrath

2991

Buyers Met

Recently sold properties with McGrath

Prospect

192 Westbury Road Prospect TAS 7250

Sold $975,000
6
3
3
View 192 Westbury Road Prospect TAS 7250
West Launceston

5 Pascoe Street West Launceston TAS 7250

Sold $783,000
3
2
View 5 Pascoe Street West Launceston TAS 7250
Riverside

22A Pomona Road Riverside TAS 7250

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

1/23 Beverley Hills Road Newstead TAS 7250

Sold $892,000
3
2
2
View 1/23 Beverley Hills Road Newstead TAS 7250
Launceston

4 Crown Street Launceston TAS 7250

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

1/22 Clance Avenue Prospect Vale TAS 7250

Sold $750,000
3
2
2
View 1/22 Clance Avenue Prospect Vale TAS 7250

What's your home worth?

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Latest Community News

auction
John McGrath – Auctions’ potential for success in a changing marketNEWS

John McGrath – Auctions’ potential for success in a changing market

After a cool auction market this Winter, it’s been promising to see volume numbers and clearance rates pick up in the past week or two. What’s also encouraging is that these gradual increases indicate that this market is returning to the usual Spring pattern for this time of year. In…
September 14, 2026
first home
John McGrath – First home buyers’ new position in today’s marketNEWS

John McGrath – First home buyers’ new position in today’s market

First home buyers are facing the same market correction as more experienced property purchasers. Federal Budget investment changes have impacted their situation, as has the national First Home Guarantee, which was expanded in October 2025. Most buyers also remain cautious as cost-of-living pressures including the ongoing Middle East conflict, continue. But…
September 6, 2026
regional
John McGrath – How some regional areas are outshining othersNEWS

John McGrath – How some regional areas are outshining others

In a trend that began late last year, regional locations across Australia again outpaced capital cities in the three months to July, although the gradual slowdown noticeable in the first quarter continued. Cotality’s Regional Market Update this month, which examines the country’s largest regional areas, found that Western Australia recorded the…
August 30, 2026

Properties for sale with McGrath

West Launceston

6 Batman Avenue West Launceston TAS 7250

$725,000 - $775,000
3
1
2
View 6 Batman Avenue West Launceston TAS 7250
Riverside

2/54 Orana Place Riverside TAS 7250

$475,000 - $525,000
2
1
1
View 2/54 Orana Place Riverside TAS 7250
West Launceston

41 Hillside Crescent West Launceston TAS 7250

$795,000 - $855,000
3
1
2
View 41 Hillside Crescent West Launceston TAS 7250
West Launceston

315 Brisbane Street West West Launceston TAS 7250

$790,000 - $875,000
4
2
2
View 315 Brisbane Street West West Launceston TAS 7250

Properties for rent with McGrath

East Launceston

65A High Street East Launceston TAS 7250

$650per week pw
3
1
2
View 65A High Street East Launceston TAS 7250

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