1 Picadilly Court, Prospect Vale, TAS 7250 sold on 25 November 2025 | OnTheHouse
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Sold on 25 Nov 2025 for $701,000

1 Picadilly Court
Prospect Vale TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 114m2
Land area: 741m2
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Property Details for 1 Picadilly Ct, Prospect Vale

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.

Building Type
House
Year Built
1989
Floor Size
114m2
Land Size
741m2
Local Government
Meander Valley
Lot/Plan
53/24796

Last Listing description (December 2025)

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.

Property History for 1 Picadilly Ct, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$701,000
25 Nov 2025
  • 25 Nov 2025
    Sold for $701,000
  • 18 Nov 2025
    Listed for Sale Offers Over $639,000
  • 20 Apr 1996
    Sold for $103,500
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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 2,951 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:

  • 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 2 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 115 properties were sold in the past 12 months in Prospect vale.

Suburb Insights for Prospect Vale 7250

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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.