OFF MARKET

15 Eddington Crescent
Invermay TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 186m2
Land area: 971m2
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Property Details for 15 Eddington Cres, Invermay

15 Eddington Cres, Invermay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1925. The property has a land size of 971m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
1925
Floor Size
186m2
Land Size
971m2
Local Government
Launceston
Lot/Plan
1/32522

Last Listing description (November 2018)

Looking for a multi tenancy investment opportunity? With a combined rental return near 7% with a solid rental history, this circa 1925 home has been divided into three separate units and is situated in popular Invermay.

Located within walking distance to two primary schools and half way between the current two campuses of the University and yet only a few minutes' drive to the CBD.


The property comprises of 2 two bedroom units and 1 one bedroom unit plus sleep-out. Whilst the configurations differ, all have large living rooms and high ceilings, providing a spacious feel to each unit.

Sitting on a large 971m2 block, there is also a single carport and off street parking for a further three vehicles.

This could be the perfect investment property to add to or maybe kick start your portfolio. Call me today to arrange a viewing.

Property History for 15 Eddington Cres, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$390,000
27 Apr 2018
Listed for Rent
$150/w
16 Mar 2016
  • 30 Aug 2023
    Listed for Rent $395 / week
  • 09 Aug 2023
    Listed for Rent $320 / week
  • 27 Apr 2018
    Sold for $390,000
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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 2,052 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, 67 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.