OFF MARKET

1 Balaclava Street
Invermay TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 104m2
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Property Details for 1 Balaclava St, Invermay

1 Balaclava St, Invermay is a 2 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 104m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
1900
Floor Size
83m2
Land Size
104m2
Local Government
Launceston
Lot/Plan
1/121522

Last Listing description (January 2020)

1 Balaclava Street offers to you a fully renovated & painted 2 bedroom home right on the edge of the CBD! Situated in the perfect location, walking distance to the CBD, the new & upcoming University Campus plus UTAS stadium as well as being a short distance to cafes, bus stops & shopping. - What more could you want?

Including a generous main living/dining space, benefits from plenty of daylight and a reverse cycle air-conditioner. The updated kitchen has sufficient storage, great bench tops and appliances on offer. This space also leads through to the bathroom which offers a shower, toilet, vanity and integrated laundry.

The 2 bedrooms are of a good size and the main bedroom offers a built-in robe. The back courtyard includes a folding clothes line plus further storage available.

Invermay is currently experiencing an exciting period of gentrification with the University of Tasmania Stadium, UTAS Inveresk campus and the Inveresk precinct all creating a young and vibrant atmosphere in the area. The brand new Silo Hotel & Riverbend Park are also 2 minutes away - a great spot to take the kids for a play or relax in the sun with a drink.

This property is ideal for leasing to Uni students, tenants who work and live in the city or perfectly set up for short term rentals such as Airbnb.
Land Size: 104m2 (approx)
Build Size: 87m2 (approx)
Year Built: 1900

*Please note this property is currently tenanted and 48hours clear notice will need to be providedto the tenant prior to any inspection of the property.

We have in preparing this listing used our best endeavors to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.

Property History for 1 Balaclava St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$262,000
27 Nov 2019
Listed for Rent
$260/w
18 May 2018
  • 27 Nov 2019
    Sold for $262,000
  • 29 Oct 2019
    Listed for Sale Offers Over $259,000
  • 12 Apr 2018
    Listed for Rent - Price not available
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About Invermay 7248

The size of Invermay is approximately 4.1 square kilometres. It has 9 parks covering nearly 21.5% of total area. The population of Invermay in 2011 was 3,086 people. By 2016 the population was 3,049 showing a population decline of 1.2% in the area during that time. The predominant age group in Invermay is 20-29 years. Households in Invermay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Invermay work in a professional occupation. In 2011, 48.4% of the homes in Invermay were owner-occupied compared with 44% in 2016.

Invermay has 2,051 properties. Over the last 5 years, Houses in Invermay have seen a 58.03% increase in median value, while Units have seen a 46.49% increase. As at 31 October 2024:

  • The median value for Houses in Invermay is $481,704 while the median value for Units is $469,721.
  • Houses have a median rent of $450 while Units have a median rent of $445.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Invermay on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Invermay.

Suburb Insights for Invermay 7248

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.