1/47 Richard Street, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
 
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1/47 Richard Street
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 236m2
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Last updated 22 Jun 2026
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Property Details for 1/47 Richard St, Prospect Vale

1/47 Richard St, Prospect Vale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 236m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1992
Floor Size
81m2
Land Size
236m2
Local Government
Meander Valley
Lot/Plan
1/56094

Last Listing description (August 2021)

Offers Close Monday 5th July Close of Business.

This spacious 2 bedroom unit is located in a private location in popular Prospect Vale. This low-maintenance home is sure to suit a multitude of buyers including first home buyers, investors, and retirees.

Internally the home comprises an open plan living, dining, and kitchen. There is great bench and cupboard space in the kitchen and access from the combined kitchen/dining zone out to the paved outdoor space.

The two bedrooms are a good size and both offer great built-in storage. They are serviced perfectly by the centrally located bathroom with shower and vanity plus separate powder room.

The home includes a single internal garage with separate laundry and external access directly to the clothesline at the rear of the property.

- 2 bedrooms with built-in robes;
- Centrally located bathroom;
- Reverse cycle air conditioning;
- Single internal garage;
- Low maintenance living;

No lawns to mow makes this the perfect lock up and leave option or low maintenance investment. With great schools, parks, and shopping facilities within easy walking distance, this property is a great option for many.

Year Built: 1992
House Size: 81m2
Land Size: 236m2
Council Rates: $990.18 pa
Water Rates: $1,000 pa
Municipality: Meander Valley
School Catchments: Summerdale Primary, Prospect High
Zoning: General Residential

Sims for Property 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.

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Property History for 1/47 Richard St, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$384,000
07 Jul 2021
Listed for Rent
12 Feb 2019
  • 07 Jul 2021
    Sold for $384,000
  • 27 Jun 2021
    Listed for Sale Best Offers Over $349,000
  • 30 Jan 2019
    Listed for Rent - Price not available
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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 3,002 properties. Over the last 5 years, Houses in Prospect Vale have seen a 49.79% increase in median value, while Units have seen a 58.24% increase. As at 31 May 2026:

  • The median value for Houses in Prospect Vale is $771,443 while the median value for Units is $544,614.
  • Houses have a median rent of $598 while Units have a median rent of $440.
There are currently 14 properties listed for sale, and 3 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 121 properties were sold in the past 12 months in Prospect vale.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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