7 Richard Street, Prospect Vale, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

7 Richard Street
Prospect Vale TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 157m2
Land area: 753m2
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Property Details for 7 Richard St, Prospect Vale

7 Richard St, Prospect Vale is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1989. The property has a land size of 753m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
House
Year Built
1989
Floor Size
157m2
Land Size
753m2
Local Government
Meander Valley
Lot/Plan
194/32275

Last Listing description (March 2022)

Located only minutes away from the Prospect Vale Market Place is this large home.

- Three Large bedrooms
- Multi purpose room with ensuite

- Spacious Lounge with Reverse Cycle heating and cooling
- Kitchen with dishwasher
- Lockable storage room
- Main bathroom with walk in shower and toilet
- Separate powder room
- Enclosed yard
- Garden Shed
- Undercover BBQ area
- Single garage with internal access
- Sorry No Pets

Lease Details:
Rent $500.00 per week
Bond $2,000
Available Now
12-month lease available
Pets not suitable for this property

*Please be advised that it is now mandatory, as per the Direction Under Section 16 (Contract Tracing No. 5) of the Public Health Act 1997, for all parties attending this property to check-in via the free, easy to use Check in TAS app on your mobile phone. If you do not have access to the Check in TAS app, we are able to register your details on our device.

Property History for 7 Richard St, Prospect Vale, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$365,000
24 May 2019
Listed for Rent
$500/w
10 Dec 2021
  • 10 Dec 2021
    Listed for Rent $500 / week
  • 24 May 2019
    Sold for $365,000
  • 27 Mar 2019
    Listed for Sale Best offer over $379,000
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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 60.05% increase in median value, while Units have seen a 52.18% increase. As at 30 November 2025:

  • The median value for Houses in Prospect Vale is $709,939 while the median value for Units is $458,189.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Prospect vale on OnTheHouse. According to Cotality's data, 113 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.