5 Molecombe Drive, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

5 Molecombe Drive
Prospect Vale TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 659m2
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Property Details for 5 Molecombe Dr, Prospect Vale

5 Molecombe Dr, Prospect Vale is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1999. The property has a land size of 659m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
House
Year Built
1999
Floor Size
150m2
Land Size
659m2
Local Government
Meander Valley
Lot/Plan
65/112905

Last Listing description (March 2017)

Welcome to Molecombe Drive, located in the popular & sought after suburb of Prospect.
Number 5 offers a great opportunity for the young family or first home buyer to set up camp in a desired and convenient location, with Prospect Vale Market Place and St Patricks college nearby, this 3 bedroom 2 bathroom home provides enough space to cater for all. The good sized lounge and kitchen dining area flows onto the deck at the rear, making for fantastic entertaining.
There is double lock up garaging for your chariots and the added bonus of solar panels to keep you ahead of those power bill through winter.

If you're in the market for a house with a lovely family home feel and love the thought of living in Prospect, contact Brennan Savage at Ray White today to organise your private inspection.

Property History for 5 Molecombe Dr, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$310,000
22 Dec 2016
  • 22 Dec 2016
    Sold for $310,000
  • 03 Mar 2016
    Listed for Sale $319,900
  • 18 Aug 1999
    Sold for $35,000
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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 2,988 properties. Over the last 5 years, Houses in Prospect Vale have seen a 60.12% increase in median value, while Units have seen a 68.73% increase. As at 31 March 2026:

  • The median value for Houses in Prospect Vale is $783,464 while the median value for Units is $542,283.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 125 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.