5/315 Westbury Road, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

5/315 Westbury Road
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 362m2
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Property Details for 5/315 Westbury Rd, Prospect Vale

5/315 Westbury Rd, Prospect Vale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 362m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2025.

Building Type
Unit
Year Built
1998
Floor Size
78m2
Land Size
362m2
Local Government
Meander Valley
Lot/Plan
5/130486

Last Listing description (July 2025)

CONFIGURATION: Situated in a quiet complex, this well presented 2 bedroom unit offers comfort and practicality. Both bedrooms feature built-in robes, complemented by a functional kitchen, a bright and open plan lounge and dining area. A spacious bathroom with both a bath and a separate shower, complete with a separate toilet and internal laundry with direct access to the rear yard add to the overall convenience.

FEATURES: Well maintained offering comfort and convenience, new carpet throughout, NBN, sunny aspect, functional layout and low maintenance grounds.

HEATING/COOLING: New reverse cycle air conditioner & electric heating.

PARKING: Single lock up garage.

LEASE TERM: A minimum 12 month lease is required.

WHAT ABOUT PETS: Sorry, pets are not suitable at this property.

SUBURB PROFILE: Located a mere 10-minute drive from Launceston, Prospect Vale offers a diverse range of schools and facilities to cater to residents' needs. With shopping made hassle-free at the nearby Marketplace and easy accessibility to public transport and the Launceston outlet, Prospect Vale provides a convenient and vibrant suburban lifestyle.

Property History for 5/315 Westbury Rd, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$436,000
30 May 2025
Listed for Rent
$455/w
22 Jul 2025
  • 04 Jul 2025
    Listed for Rent $455 / week
  • 30 May 2025
    Sold for $436,000
  • 12 May 2025
    Listed for Sale Offers over $429,000
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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 3,011 properties. Over the last 5 years, Houses in Prospect Vale have seen a 42.77% increase in median value, while Units have seen a 50.05% increase. As at 31 July 2026:

  • The median value for Houses in Prospect Vale is $776,342 while the median value for Units is $552,355.
  • Houses have a median rent of $618 while Units have a median rent of $450.
There are currently 12 properties listed for sale, and 6 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 131 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.