1/5 Kate Reed Drive, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1/5 Kate Reed Drive
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 2m2
Land area: 452m2
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Property Details for 1/5 Kate Reed Dr, Prospect Vale

1/5 Kate Reed Dr, Prospect Vale is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 452m2 and floor size of 2m2. While the property is not currently for sale or for rent, it was last sold in September 2013.

Building Type
Unit
Year Built
2013
Floor Size
2m2
Land Size
452m2
Local Government
Meander Valley
Lot/Plan
1/166734

Last Listing description (March 2015)

SEPARATE VILLA IN LOMOND VIEW ESTATE
CONFIGURATION: COMPRISING 2 GOOD SIZE BEDROOMS, MAIN WITH ENSUITE AND WALK THROUGH WARDROBE, 2ND BEDROOM WITH BUILT INS, PRIVATE COURTYARD, SINGLE REMOTE INTERNAL ACCESS GARAGE, OFF STREET PARKING. FEATURES: DISHWASHER, HEAT PUMP, GAS COOK TOP, OPEN PLAN SPACIOUS LIVING AND ADDITIONAL STUDY ROOM OFF THE LIVING. SUBURB PROFILE: LOCATED IN PROSPECT JUST MINUTES FROM THE OUTLET WITH EASY ACCESS TO CITY CENTRE AND PROSPECT VALE SHOPPING PRECINCT, CLOSE TO SCHOOLS, SHOPS AND PUBLIC TRANSPORT. WHAT ABOUT PETS: UNFORTUNATELY PETS ARE NOT SUITABLE FOR THIS PROPERTY.

Property History for 1/5 Kate Reed Dr, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$295,000
12 Sep 2013
Listed for Rent
$330/w
14 Mar 2015
  • 27 Feb 2015
    Listed for Rent $330 / week
  • 04 Oct 2013
    Listed for Rent - Price not available
  • 12 Sep 2013
    Sold for $295,000
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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 2,990 properties. Over the last 5 years, Houses in Prospect Vale have seen a 58.18% increase in median value, while Units have seen a 63.64% increase. As at 30 April 2026:

  • The median value for Houses in Prospect Vale is $783,861 while the median value for Units is $534,619.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 15 properties listed for sale, and 3 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 123 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.