Suburb Report for

Prospect Vale

TAS 7250

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

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 Vale

View median property prices for Prospect Vale 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 Vale.

87 Country Club Avenue

87 Country Club Avenue

Prospect Vale TAS 7250

$1,350,000

Sold October 2026

4 Bed3 Bath3 Car

8 Woodrising Way

8 Woodrising Way

Prospect Vale TAS 7250

$558,000

Sold October 2026

2 Bed1 Bath3 Car

7 Buckingham Place

7 Buckingham Place

Prospect Vale TAS 7250

$835,000

Sold October 2026

4 Bed2 Bath3 Car

Montpelier Drive

Montpelier Drive

Prospect Vale TAS 7250

$817,000

Sold September 2026

4 Bed2 Bath2 Car

2/37 Holyman Drive

2/37 Holyman Drive

Prospect Vale TAS 7250

$590,000

Sold September 2026

2 Bed1 Bath1 Car

Montpelier Drive

Montpelier Drive

Prospect Vale TAS 7250

$800,000

Sold September 2026

4 Bed2 Bath2 Car

11 Vale Street

11 Vale Street

Prospect Vale TAS 7250

$730,000

Sold September 2026

4 Bed1 Bath4 Car

12 Trafalgar Drive

12 Trafalgar Drive

Prospect Vale TAS 7250

$1,050,000

Sold September 2026

4 Bed2 Bath2 Car

19 Lindfield Place

19 Lindfield Place

Prospect Vale TAS 7250

$692,500

Sold September 2026

3 Bed2 Bath3 Car

4 Eversham Close

4 Eversham Close

Prospect Vale TAS 7250

$859,000

Sold August 2026

4 Bed3 Bath2 Car

7 Stuart Avenue

7 Stuart Avenue

Prospect Vale TAS 7250

$830,000

Sold August 2026

2 Bed1 Bath2 Car

3 Wakefield Place

3 Wakefield Place

Prospect Vale TAS 7250

$845,000

Sold August 2026

3 Bed2 Bath2 Car

4 Mountain View Court

4 Mountain View Court

Prospect Vale TAS 7250

$735,000

Sold August 2026

4 Bed2 Bath3 Car

2/312 Westbury Road

2/312 Westbury Road

Prospect Vale TAS 7250

$550,000

Sold August 2026

2 Bed1 Bath3 Car

4 Jupiter Court

4 Jupiter Court

Prospect Vale TAS 7250

$730,000

Sold August 2026

3 Bed2 Bath2 Car

40 Las Vegas Drive

40 Las Vegas Drive

Prospect Vale TAS 7250

$725,000

Sold August 2026

4 Bed2 Bath4 Car

Montpelier Drive

Montpelier Drive

Prospect Vale TAS 7250

$813,600

Sold August 2026

4 Bed2 Bath2 Car

1/10 Haberfield Way

1/10 Haberfield Way

Prospect Vale TAS 7250

$752,000

Sold August 2026

3 Bed2 Bath3 Car

14 Hammond Court

14 Hammond Court

Prospect Vale TAS 7250

$900,000

Sold July 2026

4 Bed2 Bath2 Car

59/12 Casino Rise

59/12 Casino Rise

Prospect Vale TAS 7250

$385,000

Sold July 2026

2 Bed1 Bath1 Car

58/12 Casino Rise

58/12 Casino Rise

Prospect Vale TAS 7250

$355,000

Sold July 2026

2 Bed1 Bath1 Car

Latest McGrath Market Activity

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

186

Total McGrath sales in the last 12 months

$700K

Median Sale Price with McGrath

2963

Buyers Met

Recently sold properties with McGrath

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
Prospect Vale

2/22 Clance Avenue Prospect Vale TAS 7250

Sold $749,999
3
2
2
View 2/22 Clance Avenue Prospect Vale TAS 7250
Prospect Vale

59 Trafalgar Drive Prospect Vale TAS 7250

Sold $930,000
4
2
2
View 59 Trafalgar Drive Prospect Vale TAS 7250
Riverside

192 Cormiston Road Riverside TAS 7250

Contact Agent
4
2
10
View 192 Cormiston Road Riverside TAS 7250
Trevallyn

84 Reatta Road Trevallyn TAS 7250

Contact Agent
4
4
3
View 84 Reatta Road Trevallyn TAS 7250
West Launceston

1 Hillside Crescent West Launceston TAS 7250

Sold $1,450,000
5
2
4
View 1 Hillside Crescent West Launceston TAS 7250

What's your home worth?

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Latest Community News

Market
John McGrath – The new year holds promise of a fresh market cycleNEWS

John McGrath – The new year holds promise of a fresh market cycle

Last week, we released the McGrath Report 2027 in which we analyse key property issues, important trends, and my top suburban and regional suburb picks in NSW, Queensland, Victoria, and Tasmania. The past 12 months certainly haven’t been dull. Following a period of strong growth, particularly in our mid-sized capitals,…
November 2, 2026
buyers
John McGrath – Opportunity remains for entry level buyersNEWS

John McGrath – Opportunity remains for entry level buyers

We’re now just nine weeks out from Christmas, and homeowners and renters are looking forward to some holiday breathing space after a difficult year for budgets around the country. Yet amidst the current property downturn, hopes for a stabilisation next year remain and more confident buyers and sellers are returning…
October 25, 2026
buyers
John McGrath – How the increase in new home numbers will help buyersNEWS

John McGrath – How the increase in new home numbers will help buyers

Recent promising data about the new housing market should help boost buyer sentiment in the current property correction, especially among those buying for the first time. The statistics may also help buyers slowly coming back to the market to purchase between now and Christmas. The latest Australian Bureau of Statistics…
October 19, 2026

Properties for sale with McGrath

Prospect Vale

95 Country Club Avenue Prospect Vale TAS 7250

Contact Agent
4
3
2
View 95 Country Club Avenue Prospect Vale TAS 7250
Riverside

60 New Ecclestone Road Riverside TAS 7250

Expressions Of Interest
5
4
8
View 60 New Ecclestone Road Riverside TAS 7250
West Launceston

75 Corin Street West Launceston TAS 7250

$980,000 - $1,180,000
5
2
4
View 75 Corin Street West Launceston TAS 7250
Riverside

1/47 Pomona Road Riverside TAS 7250

$525,000 - $585,000
3
1
2
View 1/47 Pomona Road Riverside TAS 7250

Properties for rent with McGrath

Invermay

2/73 Mayne Street Invermay TAS 7248

$335.00 pw
1
1
1
View 2/73 Mayne Street Invermay TAS 7248
Brighton

5/4 Haskell Road Brighton TAS 7030

$650.00 pw
3
2
2
View 5/4 Haskell Road Brighton TAS 7030

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