OFF MARKET

12 Balaclava Street
Invermay TAS 7248

Bedrooms: 5
Bathrooms: 1
Car spaces: 4
Floor area: 129m2
Land area: 306m2
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Property Details for 12 Balaclava St, Invermay

12 Balaclava St, Invermay is a 5 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 306m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
House
Floor Size
129m2
Land Size
306m2

Last Listing description (December 2023)

This 1880s 5-bedroom property, with original features throughout, is currently rented as a share house, offering an excellent rental return. It's prime location within walking distance to numerous attractions, such as the CBD, Peppers Silo Hotel, Riverbend Park, Seaport, The Queen Victoria Museum at Inveresk Precinct, and UTAS, makes it an exceptional investment opportunity or a perfect family home.

This property is so versatile - with 5 bedrooms, a separate lounge, and a large open plan Myrtle kitchen and dining area, and a bathroom with gorgeous pressed tin feature walls, there is ample room to accommodate a growing family or provide comfortable living for multiple tenants.

One of the standout features of this cottage is its fully fenced private rear yard, providing a safe and secure space for outdoor activities and relaxation. Additionally, the property boasts a convenient garage, carport and ample off-street parking, ensuring that parking will never be a concern for residents or visitors.

Whether you're looking for a solid investment opportunity with an impressive rental return or a spacious and convenient family home, this 5-bedroom cottage in Invermay ticks all the boxes. Contact us today to arrange a viewing and secure your piece of Invermay's charm and convenience.

Council Rates approx. $1300 p.a.

Water Rates approx. $1100 p.a.

Property History for 12 Balaclava St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$540,000
18 Dec 2023
Listed for Rent
$180/w
05 May 2024
  • 15 Mar 2024
    Listed for Rent $180 / week
  • 24 Nov 2023
    Sold for $540,000
  • 18 Jul 2023
    Listed for Sale Not Disclosed
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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 2,060 properties. Over the last 5 years, Houses in Invermay have seen a 56.78% increase in median value, while Units have seen a 60.67% increase. As at 30 November 2024:

  • The median value for Houses in Invermay is $479,859 while the median value for Units is $487,067.
  • 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.