Prospect Vale vs Travellers Rest

In both, most households own their home and the large majority of homes are detached houses. In Prospect Vale, about half of households are people living alone. In Travellers Rest, the large majority of households are couple families. Houses cost more in Travellers Rest: a median of $1.07 million, against $710,000 in Prospect Vale, and rent is higher there too. On these figures, Prospect Vale tends to suit people living alone, older residents, and buyers on a tighter budget, while Travellers Rest suits couples.

Which one suits you?

There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.

Families with school-age kids

Travellers Rest

ahead on 2 of the 5 things we measure here

  • is already more of a family suburb (80% vs 49%)
  • has more separate houses rather than flats (100% vs 80%)
  • But Prospect Vale has more parks and reserves (12 vs 0)

Weighs schools, house stock, parks, childcare, and who already lives there.

First-home buyers

Prospect Vale

ahead on 2 of the 3 things we measure here

  • has cheaper land ($305,000 vs $780,000)
  • has cheaper houses ($710,000 vs $1,075,000)
  • But Travellers Rest leaves households under less mortgage stress (17% vs 26%)

Weighs house prices, land prices, and mortgage stress.

Renters

They split

one each way, out of the 2 things we measure here

  • Prospect Vale has cheaper rent ($300/wk vs $325/wk)
  • Travellers Rest leaves renters under less rental stress (16% vs 24%)

Weighs rent and rental stress.

Commuting to the city

Prospect Vale

ahead on the one thing that separates them

  • is more walkable (32/100 vs 14/100)

Weighs distance, drive time, and walkability.

Downsizers and retirees

Prospect Vale

ahead on 2 of the 3 things we measure here

  • is more walkable (32/100 vs 14/100)
  • has more residents already 65 and over (27% vs 16%)

Weighs who already lives there, GPs, and walkability.

Investors

Travellers Rest

ahead on the one thing that separates them

  • is growing faster (14.1% vs 7.2%)

Weighs population growth.

Where they sit

Prospect Vale and Travellers Rest drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.

Prospect Vale Travellers Rest
Hides rows where both suburbs match

Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.

Side by side, out of 100

Risks are inverted — shown as safety and low exposure — so a longer bar always means better.

Prospect Vale Travellers Rest
Walkability 32 / 14
Prospect Vale — Walkability: 32/100 Travellers Rest — Walkability: 14/100
Low fire risk 100 / 82
Prospect Vale — Low fire risk: 100/100 Travellers Rest — Low fire risk: 82/100

Demographics

Prospect Vale has more residents (5,433 vs 348); Travellers Rest has higher household incomes ($104,884 vs $65,936).

Prospect Vale Travellers Rest
Population 5,433
+94% vs other
 348
Population trend (2016 → 2021) +7.2% +14.1%
Median age 48
same for both
Median household income $65,936/yr $104,884/yr
+59% vs other
Median weekly rent $300/wk $325/wk
+8% vs other

Age profile

Share of residents in each band, 2021 Census.

Prospect Vale Travellers Rest
0-4 4.2% / 5.2%
Prospect Vale — 0-4: 4.2% Travellers Rest — 0-4: 5.2%
5-14 10.4% / 10.6%
Prospect Vale — 5-14: 10.4% Travellers Rest — 5-14: 10.6%
15-19 4.9% / 6.0%
Prospect Vale — 15-19: 4.9% Travellers Rest — 15-19: 6.0%
20-24 5.1% / 8.0%
Prospect Vale — 20-24: 5.1% Travellers Rest — 20-24: 8.0%
25-34 11.0% / 4.3%
Prospect Vale — 25-34: 11.0% Travellers Rest — 25-34: 4.3%
35-44 10.7% / 9.5%
Prospect Vale — 35-44: 10.7% Travellers Rest — 35-44: 9.5%
45-54 12.6% / 16.1%
Prospect Vale — 45-54: 12.6% Travellers Rest — 45-54: 16.1%
55-64 13.3% / 23.0%
Prospect Vale — 55-64: 13.3% Travellers Rest — 55-64: 23.0%
65-74 13.4% / 11.8%
Prospect Vale — 65-74: 13.4% Travellers Rest — 65-74: 11.8%
75-84 10.2% / 2.6%
Prospect Vale — 75-84: 10.2% Travellers Rest — 75-84: 2.6%
85+ 3.8% / 1.4%
Prospect Vale — 85+: 3.8% Travellers Rest — 85+: 1.4%

Bars are drawn against the largest share shown (23.0%).

Who lives together

Household composition, 2021 Census.

Prospect Vale 33.4% couple families
Prospect Vale — Couple Families: 33.4% Prospect Vale — Lone Person: 47.2% Prospect Vale — One Parent Families: 15.6% Prospect Vale — Group Household: 3.0% Prospect Vale — Other Families: 0.8%
Travellers Rest 75.0% couple families
Travellers Rest — Couple Families: 75.0% Travellers Rest — Lone Person: 19.7% Travellers Rest — One Parent Families: 5.3% Travellers Rest — Group Household: 0.0% Travellers Rest — Other Families: 0.0%
Couple Families Lone Person One Parent Families Group Household Other Families

Who owns and who rents

Occupied private dwellings by tenure, 2021 Census.

Prospect Vale 26.5% renting
Prospect Vale — Owned Outright: 41.6% Prospect Vale — Mortgage: 31.9% Prospect Vale — Renting: 26.5%
Travellers Rest 0.0% renting
Travellers Rest — Owned Outright: 53.5% Travellers Rest — Mortgage: 46.5% Travellers Rest — Renting: 0.0%
Owned outright Mortgage Renting

Qualifications

Highest non-school qualification, residents 15+, 2021 Census.

Prospect Vale Travellers Rest
Certificate III & IV 16.9% / 25.6%
Prospect Vale — Certificate III & IV: 16.9% Travellers Rest — Certificate III & IV: 25.6%
Bachelor Degree 9.4% / 10.6%
Prospect Vale — Bachelor Degree: 9.4% Travellers Rest — Bachelor Degree: 10.6%
Advanced Diploma / Diploma 6.5% / 8.9%
Prospect Vale — Advanced Diploma / Diploma: 6.5% Travellers Rest — Advanced Diploma / Diploma: 8.9%
Postgraduate Degree 2.5% / 3.4%
Prospect Vale — Postgraduate Degree: 2.5% Travellers Rest — Postgraduate Degree: 3.4%
Graduate Diploma / Certificate 1.3% / 2.6%
Prospect Vale — Graduate Diploma / Certificate: 1.3% Travellers Rest — Graduate Diploma / Certificate: 2.6%

Bars are drawn against the largest share shown (25.6%).

Where residents were born

Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.

Prospect Vale Travellers Rest
England 3.1% / 2.0%
Prospect Vale — England: 3.1% Travellers Rest — England: 2.0%
Scotland 0.5% / 1.7%
Prospect Vale — Scotland: 0.5% Travellers Rest — Scotland: 1.7%
New Zealand 0.6% / 0.9%
Prospect Vale — New Zealand: 0.6% Travellers Rest — New Zealand: 0.9%
India 0.7% / —
Prospect Vale — India: 0.7% Travellers Rest — India: not among its largest
Philippines 0.6% / —
Prospect Vale — Philippines: 0.6% Travellers Rest — Philippines: not among its largest
Netherlands 0.5% / —
Prospect Vale — Netherlands: 0.5% Travellers Rest — Netherlands: not among its largest

Bars are drawn against the largest share shown (3.1%).

What people live in

Occupied private dwellings by structure, 2021 Census.

Prospect Vale 79.7% houses
Prospect Vale — Houses: 79.7% Prospect Vale — Flats / Apartments: 14.1% Prospect Vale — Townhouses: 6.3%
Travellers Rest 100.0% houses
Travellers Rest — Houses: 100.0% Travellers Rest — Flats / Apartments: 0.0% Travellers Rest — Townhouses: 0.0%
Houses Flats / Apartments Townhouses

Property market

Prospect Vale Travellers Rest
Median house price $710,000 $1,075,000
Median unit price $490,000 —
Median land price $305,000 $780,000
Typical days to sell (houses) 12 days
from 42 sales
 —

Zoning mix

Travellers Rest has more land zoned for conservation (44% vs 6%); Travellers Rest has more rural and farming land (50% vs 32%).

Prospect Vale Travellers Rest
Rural and farming 32% 50%
Environmental 6% 44%
Residential 35% 0%
Other and special use 10% 0%
Commercial 9% 0%
Infrastructure and transport 5% 6%
Parks and recreation 2% 0%
Industrial 1% 0%
Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it. Zones as at 2026-09.

Development activity

Prospect Vale Travellers Rest
New dwellings approved 202
across Meander Valley
same for both
Approvals change year on year +67%
same for both

Gross rental yield

Gross — before strata, rates, management, insurance and vacancy. From median advertised rents and median asking prices over the last 6 months. How we calculate.

Prospect Vale Travellers Rest
Houses 4.1%
$625/wk on $799K
 —
Units 4.3%
$450/wk on $549K
 —

Ranking within TAS

Prospect Vale Travellers Rest
House price —
same for both
Income Higher than 45% of TAS Higher than 92% of TAS
Schools —
same for both
Walkability Higher than 88% of TAS Higher than 81% of TAS
Affordability —
same for both
EV adoption Higher than 74% of TAS Higher than 73% of TAS
NBN connectivity Higher than 98% of TAS Higher than 76% of TAS
Rental yield (houses) Higher than 40% of TAS —
Rental yield (units) Higher than 41% of TAS —

Liveability

Prospect Vale is more walkable (32 vs 14).

Prospect Vale Travellers Rest
Grade A —
Score 65/100 —
Socio-economic band below-average income
decile 3/10
 advantaged area
decile 8/10

Risk profile

Travellers Rest carries more bushfire risk (18 vs 0).

Prospect Vale Travellers Rest
Bushfire None
0/100
 Low
18/100
Crime Not mapped
no mapped data here
same for both
Flood Not mapped
no mapped data here
same for both
Coastal erosion None
0/100
same for both
Aircraft noise None
0/100
same for both
Industrial facilities nearby 2
within 5 km
same for both

Schools

Prospect Vale Travellers Rest
Inside the suburb 0
same for both
Rated above peers 0
same for both
Rated at peers 0
same for both
Rated below peers 0
same for both
Universities within 10 km 1
Launceston, 6.2 km
 1
Launceston, 8.3 km
Full-time students aged 15–24 1.0% 0.0%

Amenities in the suburb

Prospect Vale Travellers Rest
Supermarkets 1 0
Cafes & restaurants 7 0
Parks & reserves 12 0
Childcare 1 0
Pharmacies 1 0
Fuel stations 1 0
Waterways 9 0

Mobility

Prospect Vale Travellers Rest
Walkability score 32/100 14/100
Distance to Hobart 201.3 km 202.7 km
Drive time (normal traffic) 139 min
same for both
Electric vehicle share 0.8%
postcode 7250
same for both
Rooftop solar per 100 dwellings 25
postcode 7250
same for both

How people get to work

Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.

Prospect Vale Travellers Rest
Car (driver) 85.4% / 84.1%
Prospect Vale — Car (driver): 85.4% Travellers Rest — Car (driver): 84.1%
Worked from Home 5.6% / 11.4%
Prospect Vale — Worked from Home: 5.6% Travellers Rest — Worked from Home: 11.4%
Car (passenger) 5.7% / 4.5%
Prospect Vale — Car (passenger): 5.7% Travellers Rest — Car (passenger): 4.5%
Bus 1.7% / —
Prospect Vale — Bus: 1.7% Travellers Rest — Bus: not among its largest
Walked Only 1.5% / —
Prospect Vale — Walked Only: 1.5% Travellers Rest — Walked Only: not among its largest

Bars are drawn against the largest share shown (85.4%).

Setting

Prospect Vale Travellers Rest
Elevation 173 m
above sea level, at the suburb centre
 157 m
above sea level, at the suburb centre
Distance to the ocean 46.8 km 47.4 km

NBN connectivity

Prospect Vale Travellers Rest
Connectivity score 100/100 49/100
Most common technology Fibre to the premises Fibre to the node
Full-fibre (FTTP) share 99%
2,812 premises
 8%
121 premises

Climate

Prospect Vale Travellers Rest
Annual rainfall 676 mm
same for both
Summer max (Jan) 24.5°C
same for both
Winter min (Jul) 3.1°C
same for both

Council rates

Prospect Vale Travellers Rest
Average residential rate $875/yr
same for both
Council Meander Valley
same for both

Federal electorate

Prospect Vale Travellers Rest
Division Lyons
same for both
Member Rebecca White
same for both
Party Australian Labor Party
same for both

First Home Owner Grant

Prospect Vale Travellers Rest
Grant amount $20,000
same for both
Property price cap —
same for both
Eligibility New
same for both

Tags

Prospect Vale

Retirees

Travellers Rest

Acreage

More comparisons

Other comparisons with Prospect Vale

Prospect Vale vs Longford Prospect Vale vs Summerhill Prospect Vale vs Prospect Prospect Vale vs Blackstone Heights

Other comparisons with Travellers Rest

Travellers Rest vs Longford Travellers Rest vs Hadspen Travellers Rest vs Blackstone Heights Travellers Rest vs Westwood
Full data on Prospect Vale Full data on Travellers Rest
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Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.

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