4 Melrose Place, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

4 Melrose Place
Prospect Vale TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 250m2
Land area: 1139m2
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Property Details for 4 Melrose Pl, Prospect Vale

4 Melrose Pl, Prospect Vale is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 1998. The property has a land size of 1139m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in December 1997.

Building Type
House
Year Built
1998
Floor Size
250m2
Land Size
1139m2
Local Government
Meander Valley
Lot/Plan
25/108267

Last Listing description (March 2018)

The heading says it all..... On a larger than average block of land for the area, this generous sized home offers ample amount of space, storage and with great views to the western hills. Perched at the end of the street overlooking neighbouring properties, you will be delighted with the beautifully maintained fully landscaped yard which has been set up in a way of which provides a low maintenance approach to living. Externally the home offers an undercover entertainment area in the rear yard with vegetable gardens and various fruit trees throughout. The large 7kw solar panels have been a huge money saver for the owners giving them no power bill what so ever over the past few years, which is a huge saving. Internally the home offer 4 bedrooms, 2 with built inn wardrobes and the main bedroom consisting of a large walk inn wardrobe and ensuite. The living area is of generous size with the bonus of an adjoining sitting area which overlooks the nearby hills. The large open kitchen is a bonus to the cook/s of the household of which conjoins the dining area and access's the rear alfresco area through a sliding glass door. The home is heated with 3 reverse cycle heat pumps keeping the home toasty warm through winter and cool through the summer period. The western wing of the home houses the large garage with electric roller door as well as has a large amount of storage space in the roof cavity accessed via drop down roof ladder. If you are in need of a large home offering loads of yard space close to all amenities that is in the Prospect Vale area , do not hesitate and book your inspection today.

Property History for 4 Melrose Pl, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$20,500
19 Dec 1997
  • 28 Apr 2017
    Listed for Sale Offers over $549,000
  • 19 Dec 1997
    Sold for $20,500
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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 2,996 properties. Over the last 5 years, Houses in Prospect Vale have seen a 49.79% increase in median value, while Units have seen a 58.24% increase. As at 31 May 2026:

  • The median value for Houses in Prospect Vale is $771,443 while the median value for Units is $544,614.
  • Houses have a median rent of $598 while Units have a median rent of $440.
There are currently 16 properties listed for sale, and 4 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.

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.