5/297 Westbury Road, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
 
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5/297 Westbury Road
Prospect Vale TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 129m2
Land area: 305m2
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Property Details for 5/297 Westbury Rd, Prospect Vale

5/297 Westbury Rd, Prospect Vale is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2022. The property has a land size of 305m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
Unit
Year Built
2022
Floor Size
129m2
Land Size
305m2
Local Government
Meander Valley
Lot/Plan
5/183936

Last Listing description (April 2024)

Welcome to 5/297 Westbury Road, Prospect Vale - a pristine property epitomizing modern living in a secure gated community. Boasting a low-maintenance design, this near-new residence ensures ease of living with no stairs or steps, providing seamless accessibility in and around the home.
Step inside to discover three spacious bedrooms, with the master suite exuding luxury featuring a walk-in robe and a modern ensuite. The remaining two bedrooms, adorned with built-in robes, are serviced by a central bathroom offering a separate shower and a free-standing bath, creating a tranquil retreat.
The heart of the home unfolds into an open-plan lounge and dining room that seamlessly connects with the undercover alfresco area. Ideal for entertaining or relaxing, this space effortlessly blends indoor and outdoor living. The large kitchen is a culinary haven, equipped with a great island bench, dishwasher, and a walk-in pantry, catering to both style and functionality.

The allure continues outdoors with a low-maintenance yard, fully fenced for privacy and security, offering a perfect retreat without the hassle of extensive upkeep. The double garage, featuring internal access into the home and a Euro laundry, adds convenience to daily living.
Beyond the property's boundaries, enjoy the convenience of a flat walk to Prospect Vale Shopping Centre and a bus stop just 50 meters away. With the Launceston CBD a mere 8 minutes away, and local parks and trails nearby, this residence seamlessly combines tranquillity with urban accessibility.
Embrace the comfort, style, and convenience that this property offers, creating a haven that effortlessly caters to modern living.

- Low Maintenance Located in gated community;
- Modern Home featuring 3 bedrooms;
- Main bathroom with modern colour palette, freestanding bath & shower;
- Open kitchen with walk in pantry;
- Secure backyard with alfresco area.

Year Built: 2022
House Size: 129m2
Council Rates: $2,000pa approx
Water Rates: $1,000pa approx
Body Corporate: $1,691pa approx
Municipality: Meander Valley Council
School Catchments: Summerdale Primary & Prospect High School

Sims for Property 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.

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Property History for 5/297 Westbury Rd, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$710,000
27 Feb 2024
Listed for Rent
$600/w
28 Jul 2023
  • 27 Feb 2024
    Sold for $710,000
  • 11 Jan 2024
    Listed for Sale Best Offers Over $690,000
  • 28 Jul 2023
    Listed for Rent $600 / week
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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, 112 properties were sold in the past 12 months in Prospect vale.

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© Copyright 2025. 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.

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.

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