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

4 Somerset Place
Prospect Vale TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 167m2
Land area: 710m2
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Property Details for 4 Somerset Pl, Prospect Vale

4 Somerset Pl, Prospect Vale is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 710m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Year Built
1995
Floor Size
167m2
Land Size
710m2
Local Government
Meander Valley
Lot/Plan
16/116575

Last Listing description (July 2019)

This immaculate, spacious home is situated in a very quiet street and area of Prospect Vale. It is only a short drive to the Prospect Vale Market Place, schools, dentists and the County Club Casino.

It boasts 3 bedrooms all with built-ins, the master bedroom has a walk in robe and an ensuite

Large living room with a heat pump

Generous kitchen with new dishwasher

Dining area with sliding doors that open to the private backyard

Low maintenance yard which is fully fenced

Double garage with internal access

Pets considered upon application

$380.00 per week, available from the 5th of August

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

A timeline of how this property has performed in the market
Last Sold
$398,000
27 Jun 2018
Listed for Rent
$380/w
22 Jul 2019
  • 12 Jul 2019
    Listed for Rent - Price not available
  • 30 Aug 2018
    Listed for Rent $380 / week
  • 27 Jun 2018
    Sold for $398,000
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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 60.05% increase in median value, while Units have seen a 52.18% increase. As at 30 November 2025:

  • The median value for Houses in Prospect Vale is $709,939 while the median value for Units is $458,189.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 114 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.