Check another suburbYour suburb, scored · Data as of Oct 2026
Prospect Vale, TAS
R-Score 32 / 100 — ranked #10,403 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 Vale →
Is Prospect Vale a buy right now? Get our verdict + the 5 best streets
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Best Streets in Prospect Vale, TAS
Compare every street in Prospect Vale (TAS) on the Street Score →
Other High-Scoring Suburbs in Meander Valley (TAS)
- Golden ValleyR-Score 98/100 · Streets →
- KimberleyR-Score 97/100 · Streets →
- ExtonR-Score 95/100 · Streets →
- Blackstone HeightsR-Score 94/100 · Streets →
- Mole CreekR-Score 91/100 · Streets →
- HagleyR-Score 90/100 · Streets →
| Indicator | Prospect Vale Reading | Context & Benchmark |
|---|---|---|
| Ripehouse R-Score | 32 / 100 | Ranked #10,403 of 15,286 Australian suburbs (Oct 2026) |
| Median House Price | $825,000 | +14.6% over the past 12 months of settled sales |
| Median Weekly Asking Rent | $625/wk | Implies a 3.9% gross rental yield at the current median price |
| Rental Vacancy Rate | 0.4% | Tight rental supply (below the 1.5% equilibrium threshold) |
| Median Days on Market | 71 days | Part of Meander Valley (TAS) council area (LGA avg R-Score 54/100) |
Buyer's Agent & Quantitative Due Diligence
Considering buying an investment property in Prospect Vale, 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 Vale TAS FAQs
Frequently Asked Questions: Investing in Prospect Vale, TAS
Is Prospect Vale TAS a good suburb for property investment in 2026?
As of Oct 2026, Prospect Vale (TAS 7250) scores 32/100 on the Ripehouse R-Score, ranking #10,403 out of 15,286 Australian suburbs. Current market conditions here are quieter than most. Key fundamentals include a median price of $825,000, median rent of $625/wk, gross yield of 3.9%, and vacancy of 0.4%.
What is the median house price and 12-month growth in Prospect Vale TAS?
The current median property price in Prospect Vale (TAS) is $825,000 (Oct 2026), representing a +14.6% change over the past 12 months. Properties in Prospect Vale currently spend a median of 71 days on market.
What is the rental yield and vacancy rate in Prospect Vale TAS?
In Prospect Vale (TAS), the median weekly asking rent is $625/wk, producing a gross rental yield of 3.9%. The suburb vacancy rate is 0.4% as of Oct 2026.
What are the best streets in Prospect Vale TAS?
Ripehouse Advisory scores every G-NAF street in Prospect Vale against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Prospect Vale Street Score tool on this page to compare individual streets.
Which council area (LGA) is Prospect Vale TAS located in?
Prospect Vale (TAS, postcode 7250) is located in the Meander Valley council area (LGA) within Greater Launceston. Across Meander Valley, the council-wide average R-Score is 54/100 across 42 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.