2/7 Mcrae Place, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

2/7 Mcrae Place
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 105m2
Land area: 477m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Dec 2025
Low

High
Save

Property Details for 2/7 Mcrae Pl, Prospect Vale

2/7 Mcrae Pl, Prospect Vale is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 477m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
2006
Floor Size
105m2
Land Size
477m2
Local Government
Meander Valley
Lot/Plan
2/149943

Last Listing description (November 2020)

Situated at the end of a quiet cul-de-sac in the popular suburb of Prospect Vale this low maintenance property will suit a myriad of buyers.

Offering two spacious bedrooms with built in robes with an additional study/third bedroom also with built ins. A well laid out kitchen with high quality appliances and plenty of storage options, that opens out to the spacious living/dining area. From here you have access through to the ideal private entertaining area.

The outside area has easy care garden with raised vegetables garden, paving that wraps around the home and the convenience of a garden shed.

With electric garage with internal access inside and additional carport there is plenty of space for parking and to also have the caravan!

Kept warm and cosy with two heat pumps and so close to all the convenience that Prospect Vale market place offers you don't want to miss out on this one!

Built: 2006
Municipality: Meander Valley
Zoning: General Residential
School Catchments: Summerdale Primary School, Prospect High & St Patricks College

Land Size: 477m2 approx.
House size: 105m2 approx.

Water Rates: $1,000.00 pa approx.

Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 2/7 Mcrae Pl, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$417,000
03 Nov 2020
  • 03 Nov 2020
    Sold for $417,000
  • 22 Oct 2020
    Listed for Sale Offers Over $395,000
  • 02 Apr 2015
    Listed for Sale Not Disclosed
Sign in to see more transactions
Commute Calculator

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

Market Insights
Prospect Vale Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Prospect Vale Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.