1/3 Jacob Place, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1/3 Jacob Place
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 307m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Dec 2025
Low

High
Save

Property Details for 1/3 Jacob Pl, Prospect Vale

1/3 Jacob Pl, Prospect Vale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 307m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2009
Floor Size
112m2
Land Size
307m2
Local Government
Meander Valley
Lot/Plan
1/170682

Last Listing description (November 2023)

This immaculate villa unit is a rare find in the current market, offering low maintenance living in the heart of Prospect Vale. Built in 2009, buyers will be impressed by the quality fit out and premium level of comfort in every room.

The floorplan configuration here is highly functional with room to move. Clever storage solutions are found throughout, along with the convenience and security of internal access through to the single remote-control garage. This would be a perfect ?lock up and leave? option.

A surprisingly large lounge room flows into the dining space and impressive, contemporary designed kitchen. This is the heart of the home offering an expanse of bench and storage space, quality stainless appliances and a breakfast bar. Leading out through glass sliding doors is an inviting, fully enclosed sunroom perfect to enjoy the morning light with a good read.

The two double bedrooms both have built-in wardrobes and wall mounted televisions. Top quality roof and wall insulation, honeycomb blinds and double glazed windows help keep this home comfortable year round. To top it off the energy efficient combination of a 5-kilowatt solar system, gas ducted heating and a reverse cycle split system ensure hefty power bills are not a reality here.

This home would be ideal for the green thumb who loves to garden without the lawn mowing. At the rear there is a neatly paved garden courtyard, raised veggie boxes, an enclosed raspberry bed and two garden sheds to complete the picture. The back area is fully fenced making it safe for pets.

The location here is a major drawcard within close proximity to Prospect Vale Market Place and Olde Tudor shopping precincts offering retail, grocery, takeaway, pharmacy, medical, post and news. For the avid golfer the world class Country Club golf course is only a short drive away.

For buyer convenience a ?Pre-Sale Building Inspection Report? has already been completed with no defects noted.

This is one not to be missed so contact Rae today to find out more on 0455 445 300.

- Currently no strata levies.

- Shared Public Liability and Building Insurance - approx $625.00 per annum

- Meander Valley Council Rates ? approx $1,400.00 per annum

- TasWater Rates + usage ? approx $972.00 per annum

- Rental Appraisal (Property Wise Launceston) - $440-$470 per week

Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided.

Property Code: 493

Property History for 1/3 Jacob Pl, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$556,000
06 Sep 2023
Listed for Rent
$320/w
13 Feb 2018
  • 06 Sep 2023
    Sold for $556,000
  • 08 Jun 2023
    Listed for Sale Not Disclosed
  • 01 Mar 2018
    Sold for $340,000
Sign in to see more transactions
Commute Calculator

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.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 115 properties were sold in the past 12 months in Prospect vale.

Suburb Insights for Prospect Vale 7250

Market Insights
Prospect Vale Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Prospect Vale Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.