350 Westbury RoadProspect Vale TAS 7250
Property Details for 350 Westbury Rd, Prospect Vale
Last Listing description (April 2023)
Prospect Vale Marketplace is a single level neighbourhood shopping centre anchored by a Woolworths and 20 specialty stores. The tenancy mix features cafes, a pharmacy, butcher, florist, newsagency, post office, beautician and other mixed stores and services. The centre was refurbished in 2014, which included the expansion of Woolworths and the addition of an on grade car park.
The centre is situated on Westbury Road, which is a sub-arterial road through Launceston's northern residential and commercial suburbs. Prospect Vale is located approximately 10km southwest of Launceston CBD in the southern Launceston gateway suburb of Prospect Vale.
Property History for 350 Westbury Rd, Prospect Vale, TAS 7250
- 31 Oct 2019Listed for Rent - Price not available
- 06 Aug 2014Sold for $26,750,000
- 04 Dec 2013Listed for Sale $78,500
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0About 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 3,005 properties. Over the last 5 years, Houses in Prospect Vale have seen a 48.11% increase in median value, while Units have seen a 54.54% increase. As at 30 June 2026:
- The median value for Houses in Prospect Vale is $782,983 while the median value for Units is $553,693.
- Houses have a median rent of $600 while Units have a median rent of $450.
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