1/6 Burrows Street, Prospect Vale, TAS 7250 sold on 29 November 2025 | OnTheHouse
 
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Sold on 29 Nov 2025 for $518,000

1/6 Burrows Street
Prospect Vale TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 105m2
Land area: 426m2
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Property Details for 1/6 Burrows St, Prospect Vale

1/6 Burrows St, Prospect Vale is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 426m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom House sold in Prospect Vale in the last 12 months.

Building Type
House
Floor Size
105m2
Land Size
426m2

Last Listing description (November 2025)

Positioned in one of Launceston's most convenient suburbs, this solid brick home is just a short stroll to local supermarkets, schools, and public transport.

Securely set behind an electric gate, the property features a lock-up garage plus additional off street parking, and offers both peace of mind and practicality. Offering 3 bedrooms, a main family bathroom, and an additional powder room (toilet) for added convenience.

Currently leased until next year, it presents an excellent opportunity for investors or first home buyers to enter a high-demand market with confidence.

*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.

Boundary lines are indicative only.

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Property History for 1/6 Burrows St, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$518,000
29 Nov 2025
  • 29 Nov 2025
    Sold for $518,000
  • 04 Oct 2025
    Listed for Sale SOLD SMARTRE $518,000
  • 04 Mar 2024
    Listed for Rent $490 / 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 2,964 properties. Over the last 5 years, Houses in Prospect Vale have seen a 58.09% increase in median value, while Units have seen a 54.30% increase. As at 31 December 2025:

  • The median value for Houses in Prospect Vale is $724,976 while the median value for Units is $469,303.
  • Houses have a median rent of $523 while Units have a median rent of $450.
There are currently 11 properties listed for sale, and 4 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 114 properties were sold in the past 12 months in Prospect vale.

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Larrisa Brickhill
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