298 Westbury Rd, Prospect Vale is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1951. The property has a land size of 1414m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
This inviting 5-bedroom family home, with the potential to create a 6th bedroom, offers a range of exciting possibilities for its fortunate new owner. Situated in a prime location, this property is not only perfect for a large or growing family but also presents an excellent opportunity for potential rental income through the option to rent out rooms individually.
With five generously sized bedrooms, there's plenty of room for a growing family. Plus, the potential to convert a space into a 6th bedroom.
This home is an ideal investment for those looking to maximize their income. Rent out rooms individually to students, tenants, or guests and enjoy the financial benefits.
The great outdoor area, complete with a refreshing pool, is perfect for entertaining family and friends. Whether you're hosting a barbecue, enjoying a summer evening, or simply relaxing by the poolside, this space offers endless possibilities.
The main bedroom boasts a large ensuite, ensuring a private and comfortable retreat for the head of the household.
Nestled in a convenient location, you're just a stone's throw away from Prospect Shopping Mall. The property is also close to Launceston CBD, making your daily commute a breeze.
For families with school-age children, there are excellent schools in the vicinity, ensuring a quality education is always within reach.
This property provides an ideal blend of space, comfort, and affordability, making it an attractive option for a large or growing family.
Don't miss out on the opportunity to make this versatile and spacious family home your own. Embrace the potential, enjoy the convenience, and create a comfortable and welcoming space.
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:
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