2/1 Richard Street, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
 
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2/1 Richard Street
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 92m2
Land area: 306m2
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Property Details for 2/1 Richard St, Prospect Vale

2/1 Richard St, Prospect Vale is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1988. The property has a land size of 306m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
1988
Floor Size
92m2
Land Size
306m2
Local Government
Meander Valley
Lot/Plan
2/56498

Last Listing description (May 2022)

**NOTE : We request applications are submitted online prior to booking a viewing**

Have you been looking for a two-bedroom unit on the level ground, only two on the block, and a five-minute walk to Prospect Vale Market Place.
Well, look no more as we have this 1988 brick veneer and tile roof villa unit on the market. So its everything you're looking for, from the central location to the generous size living space this unit is perfect for retirees, investors or first home buyers.

Features include:
- Neat and tidy throughout
- Lovely sunny rear yard
- Heat pump in the lounge
- Built-ins in both bedrooms
- Open plan kitchen Dining / Lounge
- Bathroom with a separate WC
- Internal assess from Garage + extra parking
- Plenty of storage
- Villa 92sqm
- Land 306sqm

Lease details:
- 12 month lease preferred
- Available now
- Pets considered upon application

Get in quick! Properties like this don't last long in this markert!

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Property History for 2/1 Richard St, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$265,000
19 Feb 2020
Listed for Rent
$390/w
07 May 2022
  • 19 Apr 2022
    Listed for Rent $390 / week
  • 19 Feb 2020
    Sold for $265,000
  • 06 Feb 2020
    Listed for Sale Offers over $259,000
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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 2,951 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.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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