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Suburb profile

Prospect TAS 7250

Prospect is located in the Launceston and North East Tasmania region of Tasmania, postcode 7250. It has 1,206 properties across 34 streets. Explore every street in Prospect, its property history, homes for sale and rent, who lives there, and the local agents.

About Prospect

Prospect, TAS 7250, sits in the Launceston and North East Tasmania region and neighbours South Launceston, Breadalbane, Kings Meadows and Longford. Its 34 streets hold 1,206 properties, 799 of them houses and 407 units.

Census figures are for the Summerhill - Prospect area. It had 4,958 residents, a median age of 40 and an average household of 2.3 people. Median household income was $1,294 a week, the median mortgage repayment $1,300 a month and the median rent $290 a week. Of 2,057 dwellings, 1,594 were separate houses, 36 semi-detached and 419 flats; 663 were owned outright, 752 owned with a mortgage and 577 rented.

Updated October 2026

Who lives in Prospect

  • 4,958Peoplelive in the area
  • 40Median ageyears
  • $1,294Median household incomea week
  • $290Median renta week

Homes by type

  • Houses1,594
  • Townhouses and semis36
  • Flats and apartments419

Household

  • Median mortgage repayment$1,300a month
  • Household size2.3people on average

How homes are held

Owned outright 663Owned with a mortgage 752Rented 577Other 65

Schools in Prospect

  • Prospect High School

    GovernmentSecondary

  • St Patrick’s College - Croagh Patrick Centre

    CatholicSecondary

Streets in Prospect

  1. Bertha Street33 properties
  2. Braeside Street24 properties
  3. Bruce Street50 properties
  4. Caroline Street18 properties
  5. Deviation Crescent18 properties
  6. Elizabeth Place1 property
  7. Gladstone Place13 properties
  8. Grace Place17 properties
  9. Guinness Court8 properties
  10. Ingamells Street81 properties
  11. Jasmine Court37 properties
  12. Jessica Place13 properties
  13. Kenbrae Place23 properties
  14. Legges Crescent106 properties
  15. Lila Drive38 properties
  16. Lucy Place25 properties
  17. Luxmore Place9 properties
  18. Meander Valley Road4 properties
  19. Midland Highway1 property
  20. Morris Street83 properties
  21. Mount Leslie Road9 properties
  22. Nanette Court25 properties
  23. Oakden Road5 properties
  24. Palmerston Avenue38 properties
  25. Peel Street3 properties
  26. Peppermint Place35 properties
  27. Prospect Street59 properties
  28. Ralph Street37 properties
  29. Saunders Place2 properties
  30. Stanley Street58 properties
  31. Trevritch Place35 properties
  32. Trotters Lane47 properties
  33. Wendy Place10 properties
  34. Westbury Road241 properties

Neighbouring suburbs

Addresses and streets incorporate or were developed using G-NAF © Geoscape Australia, licensed by the Commonwealth of Australia under the Open Geo-coded National Address File (G-NAF) End User Licence Agreement.

Population and housing figures are drawn from the Australian Bureau of Statistics, Census of Population and Housing 2021, licensed under Creative Commons Attribution 4.0 International.

School details © Australian Curriculum, Assessment and Reporting Authority (ACARA), from the Australian Schools List, licensed under Creative Commons Attribution 4.0 International and modified. ACARA does not endorse Listd.

Area summaries are generated from the national address file and ABS Census data, and checked against those figures before publication.