2 Melrose Place, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

2 Melrose Place
Prospect Vale TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 137m2
Land area: 790m2
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Property Details for 2 Melrose Pl, Prospect Vale

2 Melrose Pl, Prospect Vale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1997. The property has a land size of 790m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1997
Floor Size
137m2
Land Size
790m2
Local Government
Meander Valley
Lot/Plan
26/108267

Last Listing description (August 2023)

CONFIGURATION: Comprising of 3 bedrooms, all with built in robes, open plan kitchen, walk in pantry, dining area,spacious lounge, two way bathroom with shower and bath, second toilet, laundry and additional rumpus room or 4th bedroom.

FEATURES: Fully undercover entertaining area, private, landscaped gardens.

HEATING/COOLING: Reverse cycle air conditioner.

PARKING:Off street parking.

INCLUSIONS:Dishwasher.

SUBURB PROFILE:Approximately 10minutes drive from Launceston, Prospect consists of a variety of schools and facilities to suiteveryonesneeds, Shopping is trouble-free at the nearby Marketplace with all needsconveniently under one roof with easy accessibility, public transport and the Launceston outlet close by.

WHAT ABOUT PETS:Sorry pets are not suitable at this property.

Property History for 2 Melrose Pl, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$635,000
11 May 2023
Listed for Rent
$495/w
18 Aug 2023
  • 22 Jul 2023
    Listed for Rent $495 / week
  • 11 May 2023
    Sold for $635,000
  • 16 Mar 2023
    Listed for Sale Offers Over $599,000
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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 58.03% increase in median value, while Units have seen a 51.57% increase. As at 31 October 2025:

  • The median value for Houses in Prospect Vale is $695,550 while the median value for Units is $445,248.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 112 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.