1/305 Westbury Road, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1/305 Westbury Road
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 392m2
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Property Details for 1/305 Westbury Rd, Prospect Vale

1/305 Westbury Rd, Prospect Vale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 392m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1993
Floor Size
75m2
Land Size
392m2
Local Government
Meander Valley
Lot/Plan
1/106940

Last Listing description (November 2021)

With a vibrant atmosphere and friendly locals, you may have discovered the key to instant happiness, in the highly sought after suburb of Prospect.

Situated on a flat block with all day sun and two generous sized bedrooms, both with built ins, everything you need is at your doorstep. Easy access to public transport and within walking distance to all amenities, including Prospect Shopping Centre and local schools, yet only a 10 minute drive to the Launceston CBD.

Currently tenanted until the middle of 2022 , this property would be a great addition to your investment portfolio or a future downsizer.

Don't miss this rare opportunity - call today for your private inspection!

*Please be advised that it is now mandatory, as per the Direction Under Section 16 (Contract Tracing No. 5) of the Public Health Act 1997, for all parties attending a Smart Open Inspection to check-in via the free, easy to use Check in TAS app on your mobile phone. If you do not have access to the Check in TAS app, we are able to register your details on our device.

Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.

Property History for 1/305 Westbury Rd, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$375,000
27 Sep 2021
Listed for Rent
$260/w
21 Jul 2020
  • 27 Sep 2021
    Sold for $375,000
  • 18 Sep 2021
    Listed for Sale $375,000
  • 21 Jul 2020
    Listed for Rent $260 / week
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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 2,952 properties. Over the last 5 years, Houses in Prospect Vale have seen a 60.05% increase in median value, while Units have seen a 52.18% increase. As at 30 November 2025:

  • The median value for Houses in Prospect Vale is $709,939 while the median value for Units is $458,189.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 14 properties listed for sale, and 1 property listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 116 properties were sold in the past 12 months in Prospect vale.

Suburb Insights for Prospect Vale 7250

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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.