Prospect Vale
Launceston
Visit Prospect Vale
Popular places to visit
Cataract Gorge
Swim in a tranquil basin fed by tumbling mountain-spring waters, fly over the water on a chairlift and stroll around the gardens fringed with stunning native forest.
Brisbane Street Mall
Launceston’s best shopping is in easy reach at this busy community hub, where intriguing laneways and historic arcades branch off from a central sheltered mall.
Penny Royal Adventures
Bring your family to Penny Royal Adventures and have a fun-filled day at this theme park in Launceston. Discover the beautiful waterfalls and shops in this walkable area.
City Park
Stroll around this charming Victorian-era park to see its pretty flower displays, giant chess set, heritage monuments and monkey enclosure.
Boags Brewery
See the inner workings of a historic Tasmanian brewery on a tour of the home of James Boag’s beer, complete with tastings and a visit to a traditional-style pub.
Royal Park
After visiting Royal Park, make a plan to see the other sights and activities in Launceston. Visit the shops and top-notch restaurants in this walkable area.
Things to do
Cataract Gorge Cruise 11:30 am
Guided Kayak Tour on Launceston's scenic waterfront on foot powered Hobie kayaks
Launceston: Hollybank Forest Guided Segway Tour with Photos
Cataract Gorge Cruise 1:30 pm
From Launceston: Full-Day Wineglass Bay Explorer Active Tour
Launceston: Hollybank Forest Treetop Zip Lining with Guide
Top hotels in Prospect Vale
Country Club Tasmania
The bed was the best I have ever slept in, great space in the room.
Reviewed on 22 Feb 2026
Country Club Villas
The room was clean, but the single bedroom unit we stayed in had no views except for the fences and the rooms of the neighbouring property. The carpet is old and the faucets requires maintenance.
Reviewed on 21 Feb 2026
Leisure Inn Penny Royal Hotel & Apartments
Room was clean and spacious the property itself is outdated and if you are not staying on the ground floors there is no lift so you have to lug your suitcases upstairs, the on site food outlets were shut. It’s in a good central position
Reviewed on 21 Mar 2026
Hotel Grand Chancellor Launceston
Tired hotel, breakfast was cold, very uninspiring
Reviewed on 17 Mar 2026
Art Hotel on York
Free onsite car parking. Hotel in a great location to the CBD and walking distance to restaurants. Court yard rooms the nicest.
Reviewed on 17 Mar 2026
Pod Inn
Other neighbourhoods around Prospect Vale
Summerhill
Summerhill might not have many top sights, but Silverdome and Cataract Gorge are two attractions nearby that you can check out.
West Launceston
You'll enjoy the restaurants and parks in West Launceston. You might want to make time for a stop at Cataract Gorge or Cataract Gorge Reserve.
Kings Meadows
Travellers like the shopping in Kings Meadows, and Centro Meadow Mews Shopping Centre is a top attraction you might want to visit.
South Launceston
If you're spending time in South Launceston, you might enjoy its restaurants and spas. If you've got time to venture a little farther, you can make a stop by Centro Meadow Mews Shopping Centre or Brisbane Street Mall.
Youngtown
Travellers enjoy Youngtown for its restaurants and wineries. Consider checking out Franklin House while you're in the area.
Hadspen
Visitors to Hadspen enjoy its restaurants, and if you want to do some exploring, Entally Estate is worth a stop.
