Prospect is a small suburb of Launceston.
The Mount Pleasant Laboratories are Tasmanian government laboratories located in Prospect and include:
- Diagnostic Services - Researching the Tasmanian Devil Facial Tumor Disease
- Animal Health Laboratory
- Water Microbiology Laboratory
- Veterinary Pathology and Fish Microbiology
- Seed Laboratory and Certification
A sawmill, stonemason, Tasmanian Independent Retailers state distribution centre dominate the area.
The Silverdome Complex is a multi use facility incorporating an indoor cycling track, netball courts and concert seating. The home of the Tasmanian Institute of Sport Offices.
41°29′0″S 147°8′23″E / 41.48333°S 147.13972°ECoordinates: 41°29′0″S 147°8′23″E / 41.48333°S 147.13972°E