Check another suburbYour suburb, scored · Data as of Oct 2026
Prospect, TAS
R-Score 39 / 100 — ranked #9,373 of 15,286 suburbs this month
Current market conditions here are quieter than most
A lower score describes measured market conditions right now — not your home, your street, or where this market goes next.
Scores describe measured market conditions — not personal advice, and not a forecast.
Suburb averages hide a lot. Check how your street compares with the rest of Prospect →
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Best Streets in Prospect, TAS
Compare every street in Prospect (TAS) on the Street Score →
Other High-Scoring Suburbs in Launceston (TAS)
- PunchbowlR-Score 97/100 · Streets →
- RocherleaR-Score 95/100 · Streets →
- BlessingtonR-Score 88/100 · Streets →
- RavenswoodR-Score 88/100 · Streets →
- LilydaleR-Score 87/100 · Streets →
- WindermereR-Score 77/100 · Streets →
| Indicator | Prospect Reading | Context & Benchmark |
|---|---|---|
| Ripehouse R-Score | 39 / 100 | Ranked #9,373 of 15,286 Australian suburbs (Oct 2026) |
| Median House Price | $699,000 | +27.7% over the past 12 months of settled sales |
| Median Weekly Asking Rent | $600/wk | Implies a 4.5% gross rental yield at the current median price |
| Rental Vacancy Rate | 1.9% | Above the 1.5% tight-supply threshold |
| Median Days on Market | 37 days | Part of Launceston (TAS) council area (LGA avg R-Score 60/100) |
Buyer's Agent & Quantitative Due Diligence
Considering buying an investment property in Prospect, TAS?
Since 2011, Ripehouse Advisory has helped Australian investors screen 15,000 suburbs and 518,000+ streets to avoid high-public-housing blocks, flood/overlay traps, and underperforming pockets. Speak with our team before you make an offer.
Prospect TAS FAQs
Frequently Asked Questions: Investing in Prospect, TAS
Is Prospect TAS a good suburb for property investment in 2026?
As of Oct 2026, Prospect (TAS 7249) scores 39/100 on the Ripehouse R-Score, ranking #9,373 out of 15,286 Australian suburbs. Current market conditions here are quieter than most. Key fundamentals include a median price of $699,000, median rent of $600/wk, gross yield of 4.5%, and vacancy of 1.9%.
What is the median house price and 12-month growth in Prospect TAS?
The current median property price in Prospect (TAS) is $699,000 (Oct 2026), representing a +27.7% change over the past 12 months. Properties in Prospect currently spend a median of 37 days on market.
What is the rental yield and vacancy rate in Prospect TAS?
In Prospect (TAS), the median weekly asking rent is $600/wk, producing a gross rental yield of 4.5%. The suburb vacancy rate is 1.9% as of Oct 2026.
What are the best streets in Prospect TAS?
Ripehouse Advisory scores every G-NAF street in Prospect against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Prospect Street Score tool on this page to compare individual streets.
Which council area (LGA) is Prospect TAS located in?
Prospect (TAS, postcode 7249, 7250) is located in the Launceston council area (LGA) within Greater Launceston. Across Launceston, the council-wide average R-Score is 60/100 across 43 suburbs.
R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.