2/5 Buell Drive, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

2/5 Buell Drive
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 133m2
Land area: 319m2
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Property Details for 2/5 Buell Dr, Prospect Vale

2/5 Buell Dr, Prospect Vale is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 319m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in December 2010.

Building Type
Unit
Year Built
2010
Floor Size
133m2
Land Size
319m2
Local Government
Meander Valley
Lot/Plan
2/160780

Last Listing description (May 2025)

Positioned in a quiet area of Prospect Vale, this low-maintenance unit offers exceptional privacyperfect for those seeking space, comfort, and a peaceful lifestyle.
Set at the rear of the block, the property features a spacious open plan living and dining area, a well-appointed kitchen, and a large laundry. There are two generously sized bedrooms with built-in robes, including a master with its own ensuite, plus a spacious main bathroom.

Key Features:

Open-plan living and dining area
Two large bedrooms, both with built-in robes
Master bedroom with private ensuite
Well-equipped kitchen with ample storage
Spacious main bathroom
Large laundry
Remote-access single garage
Secure backyard
Quiet location at the rear of the block

Conveniently located just 10 minutes from Launceston CBD, and close to the golf course, Prospect Vale Market Place, the Country Club Casino, parks, schools, and public transport.

Property History for 2/5 Buell Dr, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$62,500
17 Dec 2010
Listed for Rent
$500/w
14 Apr 2023
  • 06 May 2025
    Listed for Rent $530 / week
  • 04 Apr 2023
    Listed for Rent $500 / week
  • 23 Sep 2022
    Listed for Rent $470 / 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 2,966 properties. Over the last 5 years, Houses in Prospect Vale have seen a 58.40% increase in median value, while Units have seen a 57.94% increase. As at 31 January 2026:

  • The median value for Houses in Prospect Vale is $733,063 while the median value for Units is $480,507.
  • Houses have a median rent of $550 while Units have a median rent of $458.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 113 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.