4 Cheltenham Way, Prospect Vale, TAS 7250 sold on 10 September 2025 | OnTheHouse
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Sold on 10 Sep 2025 for $657,000

4 Cheltenham Way
Prospect Vale TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 196m2
Land area: 754m2
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Property Details for 4 Cheltenham Way, Prospect Vale

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.

Building Type
House
Floor Size
196m2
Land Size
754m2

Last Listing description (September 2025)

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**

Property History for 4 Cheltenham Way, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$657,000
10 Sep 2025
Listed for Rent
27 Aug 2020
  • 10 Sep 2025
    Sold for $657,000
  • 18 Aug 2025
    Listed for Sale Best Offer Over $644,000
  • 28 Apr 2020
    Listed for Rent - Price not available
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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 2,951 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:

  • The median value for Houses in Prospect Vale is $695,550 while the median value for Units is $445,248.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 111 properties were sold in the past 12 months in Prospect vale.

Suburb Insights for Prospect Vale 7250

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David Hernyk
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Claire Coleman
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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.