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Prospect Community
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The suburb of Prospect has an approximate area of 7 km².
It is surrounded by the suburbs of Breadalbane, Kings Meadows, Prospect Vale, South Launceston, Summerhill, West Launceston and Youngtown.
It is adjacent to the locality of Longford.
It is within the council of Launceston City.
It is within the state electorate of Bass.
It is within the federal electorate of Bass.