1 Picadilly Ct, Prospect Vale is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1989. The property has a land size of 741m2 and floor size of 114m2. 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.
Appealing to families, downsizers and investors alike, this neat-as-a-pin Prospect Vale home has been beautifully cared for and offers an easy, comfortable lifestyle in a well-established setting. The front garden is filled with roses and flowering shrubs, giving the home a warm and welcoming street presence from the moment you arrive.Inside, the living room enjoys lovely natural light through full-length windows, creating a warm and relaxed space to unwind. The kitchen connects easily with the dining area and looks through to the enclosed sunroom, a peaceful extra living space that looks out to the garden and can be enjoyed year-round.All three bedrooms include built-in robes, and the two-way bathroom provides convenient access from both the master bedroom and the hallway. A reverse-cycle heat pump, mains gas heating and gas hot water add comfort and efficiency throughout the seasons.Outdoors, the large block offers established lawns and plantings, including apricot and fig trees, along with plenty of space to enjoy as is or personalise over time. Willow Lane Reserve sits directly over the back fence, adding a sense of open green space behind the property. A separate double garage sits at the rear, with additional off-street parking for extra vehicles or small trailers.Prospect Vale remains one of Launceston's most consistently sought-after suburbs, known for its established neighbourhoods, quality schools, nearby shopping centres and quick access to the CBD, Country Club, parks and everyday conveniences.Please note that this listing includes third-party information intended for potential buyers, and Harrison Agents Launceston cannot guarantee its accuracy.
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 60.05% increase in median value, while Units have seen a 52.18% increase. As at 30 November 2025:
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