5 Heritage Place, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
FOR SALE

5 Heritage Place
Prospect Vale TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 147m2
Land area: 756m2
This property is currently on the market
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Property Details for 5 Heritage Pl, Prospect Vale

5 Heritage Pl, Prospect Vale is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 756m2 and floor size of 147m2.This Property is currently listed for sale with Harcourts Launceston

Building Type
House
Year Built
2009
Floor Size
147m2
Land Size
756m2
Local Government
Meander Valley
Lot/Plan
5/148547

Last Listing description (June 2026)

Tucked away at the end of a quiet cul-de-sac in one of Prospect Vale's most desirable pockets, this stunning family home delivers the perfect combination of space, style and lifestyle for the modern family.

Thoughtfully designed for effortless living, the home showcases an expansive floorplan with room for even large families to spread out and enjoy. At the heart of the home, the beautifully appointed chef's kitchen is both practical and impressive, featuring quality finishes, generous preparation space and seamless connection to the main living and entertaining zones.

Offering four spacious bedrooms plus a dedicated study, the layout has been cleverly designed with family comfort in mind. The master suite is privately positioned away from the remaining bedrooms and features a walk-in robe along with an ensuite, creating the perfect parents' retreat.

Multiple living zones ensure flexibility for growing families, while the impressive undercover alfresco area is designed for entertaining on a grand scale. Complete with a hot tub, television and fire pit, this inviting space creates the ultimate entertainer's delight, perfect for private gatherings and year-round enjoyment with family and friends.

Outside, the fully fenced yard provides security and peace of mind for children and pets alike. Along with the double remote garage, the property also offers additional off-street parking with potential space for a caravan or boat.

Positioned just moments from Prospect Vale Marketplace, Country Club Tasmania and the new Championship Golf Course and just a 10 minute drive to Launceston CBD.

Spacious, beautifully finished and perfectly positioned, 5 Heritage Place is the complete family package in a location you'll love to call home.

Rental Estimate: Up to $780p/w
House size: 193m2 + 20m2 alfresco
Land size: 756m2
Year Built: 2009
Council Zoning: General Residential
Council: Meander Valley
Rates: $1,850
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 Heritage Pl, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$357,000
11 Aug 2012
  • 11 May 2026
    Listed for Sale Best Offer Over $889,000
  • 11 Aug 2012
    Sold for $357,000
  • 24 May 2012
    Listed for Sale $350,000 - $380,000
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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 2,995 properties. Over the last 5 years, Houses in Prospect Vale have seen a 58.18% increase in median value, while Units have seen a 63.64% increase. As at 30 April 2026:

  • The median value for Houses in Prospect Vale is $783,861 while the median value for Units is $534,619.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 17 properties listed for sale, and 3 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 123 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.