At number 2771th in the list of Australian suburbs ordered by increase in median house value over the last year, Prospect, 7250 is in the BOTTOM 40% with a property value increase of 1.30% recorded in median house prices.
Over the longer term, Prospect has seen property prices show investors a 4.81% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Prospect is $272500, with sellers offering an average of -7.78% off the asking price.
Prospect is in the TOP 10% in TAS when comparing median price capital growth over the last year. Prospect gave property investors a very good capital gain figure when compared to the rest of the state, with 36.99%.
Prospect,7250 has offered an average of 36.99% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -2.66% to buyers in Prospect at the moment, which is less than average for the rest of TAS.
Residents and property investors in Prospect have been waiting around 41.31 days to sell a property.
The TAS suburb of Prospect, 7250 is in the Launceston local government area.