OFF MARKET

15 Burns Street
Invermay TAS 7248

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 245m2
Land area: 789m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 15 Burns St, Invermay

15 Burns St, Invermay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 789m2 and floor size of 245m2. While the property is not currently for sale or for rent, it was last sold in December 2011.

Building Type
House
Year Built
1925
Floor Size
245m2
Land Size
789m2
Local Government
Launceston
Lot/Plan
1/225877

Last Listing description (December 2011)

An exciting investment opportunity!
Currently two spacious three bedroom flats returning $440 per week but could easily be converted back to a large ''Californian Bungalow'' style home.
Features include;

Both flats have large living areas and functional plus comfortable kitchens and bathrooms. Reverse cycle air conditioning in both flats reduces depreciation to the interiors and creates both a warm in winter and cool in summer environment. Polished floors throughout, original pressed metal ceilings and fireplace mantels.
Ample off street parking plus carport, easy care grounds and close proximity to the city and the Inveresk precinct (including Aurora Stadium) cap off this ''potential filled'' property investment.
* Sorry about lack of pictures. The current tenant's privacy and confidentiality is to be respected.
Flat one $240pw Lease expiry 1/2/2012
Flat two $200pw Lease expiry 10/11/2011
A great superannuation alternative!

Property History for 15 Burns St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$265,000
14 Dec 2011
  • 14 Dec 2011
    Sold for $265,000
  • 10 Oct 2011
    Listed for Sale 265000
  • 28 Sep 2007
    Sold for $275,000
Sign in to see more transactions

Commute Calculator

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

Market Insights
Invermay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Invermay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.