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Prospect Vale

TAS 7250 • Rest of TAS

5,433
Population (2021)
$65,936
Median Household Income
9.99 km²
Area
$300/wk
Median Rent
Retiree-HavenEstablishedSemi-RuralQuietPeaceful

About Prospect Vale

Prospect Vale is a residential suburb on the outskirts of Launceston in northern Tasmania, situated within the Meander Valley Municipality approximately 10 kilometres west of the Launceston city centre. With a population of 5,433 and a median age of 48, the suburb skews notably older than the national average, reflecting a settled community of long-term residents and retirees. Set at an elevation of 178 metres, the suburb offers elevated views of the surrounding countryside and covers nearly 10 square kilometres of largely residential land.

The suburb's strongly Anglo-Australian character is evident in its ancestry data, with English and Australian heritage dominating. Households tend to be smaller, with a median size of 2.2 persons, and the high rate of married residents suggests a community of established families and downsizers. Proximity to Launceston's services, shopping, and healthcare, combined with a quieter semi-rural feel, makes Prospect Vale attractive to those seeking a comfortable lifestyle at a more relaxed pace than inner-city living offers.

Prospect Vale falls under postcode 7250 and is governed by Meander Valley Council (LGA). For state elections, residents vote in the Lyons (Launceston) electorate.

📰 Featured In

📰 Tasmania Suburbs with the Most Housing Commission

📍 Location

State
Tasmania
Postcode
7250
Urban Area
Blackstone - Prospect Vale
LGA / Council
Meander Valley
Federal Electorate
Lyons
State Electorate
Lyons (Launceston)
Type
Urban
Timezone
Hobart (UTC+10)
Coordinates
-41.48°, 147.11°
Statistical Area
Rest of TAS
Area
9.99 km²
Elevation
178m

🏠 Housing 2021 Census

Median Rent (weekly)
$300
Median Mortgage (monthly)
$1,430
Avg Household Size
2.2 people
Median Age
48 years
Social Housing (% of dwellings)
3.1%

67 state housing + 6 community housing dwellings (ABS 2021 Census)

🚌 Transport & Commute

Bus Services

  • Tassielink or local regional services — Nearest regional centre Varies

Commute to Hobart CBD

Distance
10 km
By Train
No train service; Tasmania has no passenger rail
By Car (Peak)
9-12 min
By Car (Off-Peak)
8-10 min

🛣️ Car essential in this rural area; limited public transport

Walkability Almost All Errands Require a Car

This rural locality has minimal walkable services; a car is required for all daily needs

🛒 Supermarkets Nearby

No major supermarkets listed for this suburb.

🎓 Schools

🎓 Educational Institution Attending 2021 Census

School Sector Breakdown

👥 Demographics

Census 2016
5,067
Census 2021
5,433
▲ 7.2% growth

Population Growth

Gender Distribution (Census 2021)

Personal Income 2016
$29,952
Personal Income 2021
$36,920
▲ 23.3% increase

2021 Census income breakdown

Personal = median for one earner. Household = all members of a dwelling pooled. Family = related members only. Annual = weekly × 52.

Personal
$36,920 / yr
$710/wk
Household
$65,936 / yr
$1268/wk
Family
$88,920 / yr
$1710/wk

Personal Income Comparison (2016 vs 2021)

📊 Population: ABS Census 2021
💰 Income: ABS Census 2021

🌍 Country of Birth 2021 Census

Born in Australia 4,551
Born Overseas 657

Top Countries of Birth (excl. Australia)

  • 1. England 166
  • 2. India 36
  • 3. Philippines 33
  • 4. New Zealand 32
  • 5. Netherlands 28
  • 6. China 26
  • 7. Scotland 26
  • 8. Nepal 21
  • 9. South Africa 18
  • 10. Italy 17

🧬 Ancestry 2021 Census

Top ancestries reported (people may report up to two)

English 2,470
Australian 2,374
Irish 554
Scottish 522
German 165
Australian Aboriginal 156
Italian 116
Dutch 113
Chinese 66
Indian 52

👨‍👩‍👧 Parents' Birthplace 2021 Census

3,954
Both parents born in Australia
828
Both parents born overseas
460
One parent AU, one overseas

🛐 Religion 2021 Census

Christianity
52.1%
No Religion
40.8%
Hinduism
1.0%
Buddhism
0.6%
Islam
0.6%
Sikhism
0.1%

📊 Age Distribution 2021 Census

0-4 years
227 (4.2%)
5-14 years
564 (10.4%)
15-19 years
268 (4.9%)
20-24 years
279 (5.1%)
25-34 years
598 (11.0%)
35-44 years
582 (10.7%)
45-54 years
683 (12.6%)
55-64 years
725 (13.3%)
65-74 years
727 (13.4%)
75-84 years
554 (10.2%)
85+ years
207 (3.8%)

Nearby Suburbs

Frequently Asked Questions

What is Prospect Vale known for? +

Prospect Vale is a residential suburb on the outskirts of Launceston in northern Tasmania, situated within the Meander Valley Municipality approximately 10 kilometres west of the Launceston city centre. The suburb's strongly Anglo-Australian character is evident in its ancestry data, with English and Australian heritage dominating.

How far is Prospect Vale from Hobart CBD? +

Prospect Vale is approximately 10 kilometres from Hobart CBD, with a typical drive taking around 12-18 minutes depending on traffic and route taken.

Does Prospect Vale have public transport? +

Prospect Vale is served by Metro Tasmania bus services connecting to Hobart. Tasmania has no passenger rail network, so buses and private vehicles are the main transport options. A car is commonly used for flexibility.

What is the population of Prospect Vale? +

According to the 2021 Census, Prospect Vale has a population of approximately 5,433 residents, reflecting a well-established community. The suburb falls within the Meander Valley (Municipality) local government area.

Is Prospect Vale a good place to live? +

Prospect Vale offers a comfortable suburban lifestyle with access to local parks, shops, and community services. It suits a broad range of residents including families, professionals, and retirees looking for a connected and well-serviced neighbourhood.

What is the postcode for Prospect Vale? +

The postcode for Prospect Vale, TAS is 7250. This postcode covers Prospect Vale and may also serve nearby localities within the same postcode zone.

What is the average income in Prospect Vale? +

Based on the 2021 Census, the median personal income in Prospect Vale is about $710 per week (around $36,900 per year). The median household income is $1,268 per week and the median family income is $1,710 per week.

What is the age profile of Prospect Vale? +

The median age in Prospect Vale is 48. The largest age group is 65–74 (727 residents, around 13%). Around 19% of residents are under 20 and about 27% are aged 65 or older. (2021 Census)

How much is rent in Prospect Vale? +

In Prospect Vale, the median weekly rent is $300, and the median monthly mortgage repayment is $1,430 (2021 Census).