3 Richard Street, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
 
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3 Richard Street
Prospect Vale TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 111m2
Land area: 700m2
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Last updated 11 May 2026
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Property Details for 3 Richard St, Prospect Vale

3 Richard St, Prospect Vale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1988. The property has a land size of 700m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1988
Floor Size
111m2
Land Size
700m2
Local Government
Meander Valley
Lot/Plan
192/32275

Last Listing description (July 2020)

Positioned in popular Prospect Vale on a flat, easy care block, this low maintenance property would be make a brilliant first home, investment or renovation. It features:

*A 1988 brick and tile home

*Three double bedrooms (all with built-ins) & spacious master
*Open plan kitchen/dining overlooking the backyard - great for families
*Bathroom with bath & separate shower
*Convenience of a separate toilet
*Reverse cycle air-conditioning
*Large north facing undercover patio - perfect for BBQs and entertaining
*Spacious double garage with workshop & backyard access
*Extra high carport - great for the caravan or boat
*Easy walk to excellent public and private schools
* Public transport available right outside the property
*Close to supermarkets, shops and all city conveniences
*Only 10 minutes to Launceston CBD & 12 minutes to Launceston Airport

Click on the 'External Link' below for the virtual furnishing floorplan and video tour. Contact Jeremy Wilkinson for your private or video inspection.

Rental Estimate: $360pw
House size: 111m
Land size: 700m
Built: 1988
Rates: TBA
Council Zoning: 10.0 General Residential
Council: Launceston City
Heritage listed: No

**Harcourts Launceston 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.

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Property History for 3 Richard St, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$335,000
21 May 2020
  • 21 May 2020
    Sold for $335,000
  • 31 Mar 2020
    Listed for Sale Best Offer Over $360,000
  • 26 Oct 1990
    Sold for $75,000
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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 2,989 properties. Over the last 5 years, Houses in Prospect Vale have seen a 58.18% increase in median value, while Units have seen a 63.64% increase. As at 30 April 2026:

  • The median value for Houses in Prospect Vale is $783,861 while the median value for Units is $534,619.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 123 properties were sold in the past 12 months in Prospect vale.

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© Copyright 2026. 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.

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.

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