SOLD
Sold on 02 Feb 2024 for $530,000

120 Forster Street
Invermay TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 90m2
Land area: 388m2
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Property Details for 120 Forster St, Invermay

Building Type
Commercial
Year Built
1942
Floor Size
90m2
Land Size
388m2
Local Government
Launceston
Lot/Plan
2/123726

Last Listing description (March 2021)

Self contained warehouse and office space of appoximately 898m2 - (Office space -approx. 120m2 & Warehousing approx. 705m2. Dual access to the warehouse from Forster Street & Murphy Street with good clearance. The warehouse space has good natural light and vapour lighting and the offices have flourescent lighting. The offices are airconditioned and the warehouse offers both single and 3 phase power.

Property History for 120 Forster St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$530,000
02 Feb 2024
Listed for Rent
25 Sep 2019
  • 02 Feb 2024
    Sold for $530,000
  • 15 Jul 2019
    Listed for Rent $30,975 / year
  • 26 Jul 2018
    Listed for Rent $40,000 / year
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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 2,054 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 15 properties listed for sale, and 5 properties listed for rent in Invermay on OnTheHouse. According to CoreLogic's data, 68 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.