4 Cheltenham Way, Prospect Vale is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 754m2 and floor size of 196m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom House sold in Prospect Vale in the last 12 months.
Located in popular, tree-lined Cheltenham Way, this sunny and well-proportioned home is perfect for those looking to downsize, a growing family or next investment. Prospect Vale is ever popular, known for its convenience, family-friendly, welcoming community and excellent schooling.
The generous living area is flooded with sun, and flows through to the kitchen and adjoining dining space - leading through to the backyard. A great indoor, outdoor flow all on the same level. Three bedrooms all with built-in robes - include a master with walk-in robe and private ensuite. The main bathroom is spacious and functional, complemented by a separate toilet for convenience. The flat, fully fenced backyard offers privacy and lawn space, perfect for families, pets, or simply enjoying the outdoors.
Adding to its appeal, the property includes a two-car garage with workshop space and secure internal access, plus a rear roller door providing easy drive-through access to the backyard. For those who value energy efficiency, the home benefits from solar panels with battery and solar hot water.
Walking distance to the St Patricks College, Prospect Vale Marketplace, Country Club Tasmania and Golf Course, and just 8 minutes to the Launceston CBD, you will love the lifestyle 4 Cheltenham Way offers. Don't miss the opportunity to secure a great home in a desirable location, call today!
Rental Estimate: Up To $580p/w
House size: 196m2
Land size: 754m2
Built: 1991
Council: Meander Valley
Council Zoning: Residential
**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. All measurements are approximate**
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 3,002 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:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© 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.
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.