Night Train RiseProspect Vale TAS 7250
Property Details for 5 Night Train Rise, Prospect Vale
Last Listing description (November 2025)
Situated in the highly sought-after Prospect Vale, this 792 sqm cleared corner block is the perfect canvas for your dream home. Bathed in all-day sun, the property offers space, convenience and potential. With a crossover in place and utility services already connected to the boundary, building your future has never been easier. Block approved for unit development.
Just 3 minutes away, Prospect Vale Market Place provides easy access to shops, supermarkets and essential services. Nearby, you'll find excellent private and public schools, the vibrant Prospect Park Sports Club and the renowned Country Club Casino for entertainment and leisure. Plus, you're a swift 9-minute drive to Launceston's CBD and just 12 minutes to Launceston Airport, putting the best of the region at your fingertips.
Key features:
• Cleared 792 sqm block, ready to add your dream home to
• Approved for units
• Corner block with all-day sun
• Crossover in place and utility services connected to the boundary
• Only 3 minutes' drive to shops, supermarket & facilities at Prospect Vale Market Place
• Close to private and public schools, Prospect Park Sports Club & the Country Club Casino
• 9 Minutes to Launceston's CBD or 12 minutes to Launceston Airport
Contact Jeremy Wilkinson for further information.
Land size: 792 sqm
Council: Meander Valley
Zoning: General Residential
**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 Night Train Rise, Prospect Vale, TAS 7250
- 28 Oct 2025Sold for $303,033
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0About 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 3,002 properties. Over the last 5 years, Houses in Prospect Vale have seen a 49.79% increase in median value, while Units have seen a 58.24% increase. As at 31 May 2026:
- The median value for Houses in Prospect Vale is $771,443 while the median value for Units is $544,614.
- Houses have a median rent of $598 while Units have a median rent of $440.
Suburb Insights for Prospect Vale 7250
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