OFF MARKET

108 Invermay Road
Invermay TAS 7248

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 152m2
Land area: 647m2
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Property Details for 108 Invermay Rd, Invermay

108 Invermay Rd, Invermay is a 3 bedroom, 2 bathroom House and was built in 1910. The property has a land size of 647m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1910
Floor Size
152m2
Land Size
647m2
Local Government
Launceston
Lot/Plan
4/27429

Last Listing description (July 2022)

Welcome to 108 Invermay Road, this incredible piece of Launceston's history is ready for a breath of new life.

The property has previously been used as 3 individual units and rented as such. It has recently come to the owners attention that the property has had alterations completed that do not align with the current council plans. This presents an opportunity for the next owner as this project could offer many outcomes including reinstating it back to 3 individual dwellings, with the potential for high yield rental income (STCA).

This property is loaded with character and being well positioned for optimal street appeal. Furthermore the property also offers plenty of off street parking.

Get in early and be a part of the Invermay buzz, being only a short stroll from UTAS stadium, shops, cafes and Launceston CBD. If your not shy of hard work, for high reward, contact us today to arrange your inspection.

*Please be advised that it is now mandatory, as per the Direction Under Section 16 (Contract Tracing No. 5) of the Public Health Act 1997, for all parties attending a Smart Open Inspection to check-in via the free, easy to use Check in TAS app on your mobile phone. If you do not have access to the Check in TAS app, we are able to register your details on our device.

Property History for 108 Invermay Rd, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$375,000
02 Nov 2021
  • 02 Nov 2021
    Sold for $375,000
  • 13 Sep 2021
    Listed for Sale Offers Over $350,000
  • 21 Oct 2008
    Sold for $235,000
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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.