Lochie
Reid
Ray White
Suburb guide

Prospect Vale

Prospect Vale combines established residential areas with strong access to shopping, schools and recreation. Prospect Vale Marketplace provides a Woolworths supermarket, cafes and specialty stores, while the Country Club and surrounding recreational facilities are also nearby. The suburb sits south-west of central Launceston, with convenient access to the city via Westbury Road.

Lochie Reid has sold 12 properties in Prospect Vale.

The Prospect Vale market

Houses · Sep 2025 – Aug 2026
$740Kmedian house price
+8.0%growth in 12 months
67houses sold in 12 months
22 daysmedian days on market
638buyers watching this suburb
12sold by Lochie, all time

Houses of all bedroom counts, September 2025 to August 2026. Median price, growth and sale volumes are 12-month figures; buyer numbers are potential buyers tracking the suburb. Source: PropTrack / realestate.com.au.

Lochie’s sales in Prospect Vale

12 sales since 2021
6 May 2026
15/37 Las Vegas Drive
12 Feb 2026
11/13 Mount Leslie Road
22 Jan 2026
7 Akuna Court Sold off market
29 May 2025
4 Lola Court Sold off market
14 Apr 2025
6 Pinehurst Court Sold off market
6 Aug 2023
2/9 Gleneagles Way
31 Jul 2023
21 Harley Parade
27 Jun 2023
47 Mace Street
22 Jul 2022
33 Lomond View Drive
16 May 2022
2/6 Burrows Street
10 Sep 2021
1/6 Burrows Street
8 Apr 2021
6 Talus Place

Sale prices are not published here. Request the price of any sale and Lochie will send it to you.

Thinking about Prospect Vale?

If you are buying, join the register and hear about Prospect Vale properties before they are advertised. If you are selling, Lochie will give you an honest view of what your home is worth.

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