5 Burrows Street, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
 
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5 Burrows Street
Prospect Vale TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 95m2
Land area: 683m2
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Last updated 19 Jan 2026
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Property Details for 5 Burrows St, Prospect Vale

5 Burrows St, Prospect Vale is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1951. The property has a land size of 683m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1951
Floor Size
95m2
Land Size
683m2
Local Government
Meander Valley
Lot/Plan
1/237083

Last Listing description (January 2021)

Number 5 Burrows Street in Prospect Vale could be the perfect launch pad for you.

Situated on a secure flat block within walking distance to Prospect Vale Market Place this brick home will offer its new owners 3 bedrooms, a spacious combined kitchen & dining area and a centrally located bathroom with a separate toilet.


For those who love to garden here you get a blank canvas that offers up so much potential for green thumbs to create something lovely and the great size of this block (683m2) provides you plenty of space should you wish to extend the footprint of the house (STCA). There are some outbuildings that offer undercover storage and the concrete driveway provides extra space for car,boat or caravan parking.

With all the services and conveniences that Prospect Vale has to offer, easily accessed public transport to Launceston, private & public schools nearby, specialty shops, supermarkets and medical services on your doorstep you will just love living in this family friendly suburb.

Build year 1951
Municipality Meander Valley

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Property History for 5 Burrows St, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$338,000
17 Dec 2020
Listed for Rent
$290/w
29 Jun 2014
  • 17 Dec 2020
    Sold for $338,000
  • 12 Dec 2020
    Listed for Sale Offers Over $299,000
  • 23 Nov 2017
    Sold for $262,000
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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 2,964 properties. Over the last 5 years, Houses in Prospect Vale have seen a 58.09% increase in median value, while Units have seen a 54.30% increase. As at 31 December 2025:

  • The median value for Houses in Prospect Vale is $724,976 while the median value for Units is $469,303.
  • Houses have a median rent of $523 while Units have a median rent of $450.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 115 properties were sold in the past 12 months in Prospect vale.

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© Copyright 2026. 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.

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