5/7 Heritage Place, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

5/7 Heritage Place
Prospect Vale TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 108m2
Land area: 362m2
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Property Details for 5/7 Heritage Pl, Prospect Vale

5/7 Heritage Pl, Prospect Vale is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 362m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2016
Floor Size
108m2
Land Size
362m2
Local Government
Meander Valley
Lot/Plan
5/172826

Last Listing description (September 2022)

Set at the end of this super peaceful development, villa 5 offers privacy yet a feeling of open space inside. The architect carefully considered the placement here, with the main lounge bathed in light and a view over the yard through multiple double-glazed windows.

Larger than a typical floorplan, the feature kitchen, dedicated dining area and spacious lounge are more what you will find in a three-bedroom home. The kitchen has a lovely overhanging breakfast bar, modern appliances, white and grey tones with clean subway tile splashback. On trend, neutral and easily personalised. Conveniently placed at the start of the hallway there's a study nook, a functional space to stay in touch with the open plan main room.

Two stylish bathrooms, the ensuite is generous and the main bathroom includes a full-size bath. Both follow the neutral monotone styling of the property. There's a single remote entry garage with laundry and storage, access to the yard here too.

Low maintenance rock landscaping with easy care planting. The rear yard opens from the main room, flowing onto a composite deck, minimal grass and a garden shed of course.

Why not improve your lifestyle, purchase and you'll enjoy no work, fabulous entertaining spaces and privacy assured.

House size: 133m2
Land size: 362m2
Built: 2016
Rent Appraisal: $460-$490 p.w.
Council: Meander Valley
Heritage listed: No

**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 5/7 Heritage Pl, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$570,000
24 Jul 2022
  • 24 Jul 2022
    Sold for $570,000
  • 04 Jul 2022
    Listed for Sale Best Offer Over $559,000
  • 18 Nov 2016
    Sold for $315,000
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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 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.

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.