Is PROSPECT a good suburb for positive geared property investment in Australia?

PROSPECT in TAS currently features property rental yields up to 4.6% with a 12-month capital growth value of Up 11.0%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in PROSPECT 7250?

The median house price in PROSPECT 7250 is approximately $652,000 based on the latest tracked market indices.

Investment Spotlight • Australia

PROSPECT 7250

State: TAS

Updated: 6 August 2026

PosiProp AI Investment Summary

PROSPECT (TAS 7250) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.6% and has experienced a 12-month capital growth of Up 11.0%, with a median house buy price of $652,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$554,125

Up 29.6% 4.2% Yield

3 house • buy

$645,000

Up 16.3% 4.6% Yield

4 house • buy

$757,500

Up 0.2% 4.4% Yield

all house • buy

$652,000

Up 11.0% 4.6% Yield

Suburb Market Profile

Last month Prospect had 9 properties available for rent and 8 properties for sale. Median property prices over the last year range from $652,000 for houses to $550,000 for units. If you are looking for an investment property, consider houses in Prospect rent out for $560 PW with an annual rental yield of 4.6% and units rent for $530 PW with a rental yield of 4.7%. Prospect has seen an annual compound growth rate of 11.0% for houses and 4.3% for units.

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