5/23 Molecombe DriveProspect Vale TAS 7250
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Quiet, Low-Maintenance Living in Sought-After Prospect Vale
Property Details for 5/23 Molecombe Dr, Prospect Vale
5/23 Molecombe Dr, Prospect Vale is a 2 bedroom, 1 bathroom House with 2 parking spaces. The place is currently for rent with The Agency Northern Tasmania.
About Prospect Vale 7250
The size of Prospect Vale is approximately 10.0 square kilometres. There are 16 parks, covering nearly 10.6% of the total area. The population of Prospect Vale in 2016 was 5067 people. By 2021 the population was 5433 showing a population growth of 7.2% in the area during that time. The predominant age group in Prospect Vale is 50-59 years. Households in Prospect Vale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Prospect Vale work in a professional occupation.In 2021, 72.00% of the homes in Prospect Vale were owner-occupied compared with 70.90% in 2016.
Prospect Vale has 3,005 properties. Over the last 5 years, Houses in Prospect Vale have seen a 48.11% increase in median value, while Units have seen a 54.54% increase. As at 30 June 2026:
- The median value for Houses in Prospect Vale is $782,983 while the median value for Units is $553,693.
- Houses have a median rent of $600 while Units have a median rent of $450.
Suburb Insights for Prospect Vale 7250
Market Insights
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Neighbourhood Insights
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