1/25 Richard StreetProspect Vale TAS 7250
Property Details for 1/25 Richard St, Prospect Vale
1/25 Richard St, Prospect Vale is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1994. The property has a land size of 373m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (July 2021)
Introducing 1/25 Richard Street, Prospect Vale that is neat as a pin and ideal for down-sizers, first-home buyers or investors. The unit is a great size and has nice flow from the open plan kitchen-dining area through to generous-sized bedrooms, both with built-in wardrobes.
Separate toilet and laundry and single lock-up garage with fully -fenced private back-yard, this is sure to be a popular opportunity in this moving market. Conveniently located a short stroll to bus stops, so transport easily accessible, just 4 minutes from the Prospect Vale Woolworth supermarket and shopping complex and Country Club Tasmania, that has a golf-course, just two minutes to St Patrick's College High School and four minutes to Prospect High School and Summerdale Primary School.
One of the most appealing aspects of Prospect Vale is its flat landscape, so great for leisure walks and being just 10 minutes from Launceston's CBD and hospital, it's a winner. Don't wait!
Built: 1994
Building size: 105m2
Land size: 373m2
Council rates approx. $1000 per annum
Water rates approx. $1000 per annum.
***Harcourts Launceston 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.
Property History for 1/25 Richard St, Prospect Vale, TAS 7250
- 05 Jun 2021Sold for $480,000
- 31 May 2021Listed for Sale Best Offer Over $319,000
- 08 Feb 2013Listed for Rent $250 / week
Recent sales nearby
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About Prospect Vale 7250
The size of Prospect Vale is approximately 10.0 square kilometres. It has 16 parks covering nearly 10.6% of 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 2,951 properties. Over the last 5 years, Houses in Prospect Vale have seen a 58.03% increase in median value, while Units have seen a 51.57% increase. As at 31 October 2025:
- The median value for Houses in Prospect Vale is $695,550 while the median value for Units is $445,248.
- Houses have a median rent of $500 while Units have a median rent of $440.
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