1 Somerset Place, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1 Somerset Place
Prospect Vale TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 183m2
Land area: 852m2
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Property Details for 1 Somerset Pl, Prospect Vale

1 Somerset Pl, Prospect Vale is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1996. The property has a land size of 852m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
House
Year Built
1996
Floor Size
183m2
Land Size
852m2
Local Government
Meander Valley
Lot/Plan
42/116575

Last Listing description (September 2017)

This gorgeous home sits in a quiet area of Prospect and has been extensively renovated to keep it up to date and modern. Boasting a large welcoming entrance foyer, four generous bedrooms all with built-in robes. Both bathrooms have been renovated to a very high standard and offer floor to ceiling tiles and large walk-in showers plus a deep free-standing bath in the main bathroom.
The central hub of the home provides the kitchen with dishwasher plus a plethora of cupboards and ample bench space. Natural gas also provides the hot water and the cooktop. There are two separate living areas, new carpet has been laid and it s been completely repainted a fresh white to complement any colour scheme you wish to accessorise with. A choice of natural gas heating, electric panel heating or reverse cycle air conditioning, ensures you will be toasty warm in these chilly Winter months, along with insulation in the walls and ceiling for energy efficiency. The dining area leads to an undercover alfresco deck complete with built-in gas BBQ plus a plumbed in sink. There is a large decked in swimming pool which is solar heated, fully landscaped gardens with in-ground sprinkler system, a couple of garden sheds, raised veggie beds and even a cubby house.
The double garage with remote door has internal access to the house plus the whole under roof area is accessible for as much storage as you could possibly want.

This is one of those properties that once you enter, you feel very much at home and could easily imagine living, entertaining and enjoying all that it has to offer. Please call Robert or Deb at Ray White Launceston today to arrange your private inspection.

Property History for 1 Somerset Pl, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$485,000
10 Oct 2017
  • 10 Oct 2017
    Sold for $485,000
  • 04 Jul 2017
    Listed for Sale Offers Over $490,000
  • 30 Oct 1995
    Sold for $37,500
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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.

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.