3 Willow Lane, Prospect Vale, TAS 7250 sold on 04 July 2026 | OnTheHouse
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Sold on 04 Jul 2026 for $720,000

3 Willow Lane
Prospect Vale TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 730m2
Sold By
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Thomas and Associates Tasmania
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Property Details for 3 Willow Lane, Prospect Vale

3 Willow Lane, Prospect Vale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1986. The property has a land size of 730m2 and floor size of 106m2.This Property is currently listed for rent with Harcourts Launceston

Building Type
House
Year Built
1986
Floor Size
106m2
Land Size
730m2
Local Government
Meander Valley
Lot/Plan
49/24796

Last Listing description (September 2026)

Conveniently located in the popular suburb of Prospect Vale, this three-bedroom home offers comfortable living in a highly convenient location. Featuring three bedrooms, an open-plan living, dining and kitchen area, and a practical floorplan, the property provides an ideal combination of style, comfort and low-maintenance living. Positioned close to local shops, schools, parks and public transport, while being just a short drive from the Launceston CBD.Features and benefits; Three well-sized bedrooms Modern kitchen with dishwasher Central bathroom Heat pump and heat transfer system Convenient location close to local amenities Easy access to Launceston CBDProperty Layout & Yard Features; Three bedrooms, each with built-in robes Ample storage throughout Modern kitchen with dishwasher Practical and functional floorplan Large fully fenced yardPositioned in a convenient Prospect Vale location, the property is within easy reach of local schools, shops, parks and public transport, while being only a short drive from the Launceston CBD and surrounding amenities.Lease Details and Property Connections;$610 per week$2,440 BOND12 Month LeaseAt any stage throughout this tenancy, the tenant/s will be required to seek the owner's consent using the approved form to keep a pet at the premises in line with the Residential Tenancy Amendments (Pets) Act 2025.To arrange an inspection is very easy! To book a time to inspect the property, simply click on "book an inspection time" and select from the available times. By registering, you will be informed of any updates, changes or cancellations for your appointment.

Property History for 3 Willow Lane, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$720,000
04 Jul 2026
  • 03 Sep 2026
    Listed for Rent $610 / week
  • 04 Jul 2026
    Listed for Sale Expressions of Interest
  • 04 Jul 2026
    Sold for $720,000
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About Prospect Vale 7250

The size of Prospect Vale is approximately 10.0 square kilometres. There are 16 parks, covering nearly 10.6% of the 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 3,019 properties. Over the last 5 years, Houses in Prospect Vale have seen a 42.37% increase in median value, while Units have seen a 36.80% increase. As at 31 August 2026:

  • The median value for Houses in Prospect Vale is $780,155 while the median value for Units is $518,636.
  • Houses have a median rent of $608 while Units have a median rent of $460.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 138 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.