SOLD
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Sold on 05 Apr 2024 for $442,500

16 Burns Street
Invermay TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 85m2
Land area: 511m2
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Property Details for 16 Burns St, Invermay

16 Burns St, Invermay is a 2 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 511m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom House sold in Invermay in the last 12 months.

Building Type
House
Floor Size
85m2
Land Size
511m2
Local Government
Launceston
Lot/Plan
3/19796

Last Listing description (April 2024)

This property offers a wonderful combination of location, potential, and character, all at an affordable price.

Located close to local schools, shops, eateries, and public transport, this 2 bedroom home is very convenient, just moments away from Heritage Forest, Inveresk, UTAS Stadium, and with easy access to everyday amenities.

While this home awaits a touch of modernisation, it has retained charming original features such as light fittings, classic picture rails, and elegant lead light doors and windows, preserving its unique character.

Parking is a breeze with a single garage, a convenient single carport, and two additional off-street parking spaces. Storage needs are covered with sheds on the property, providing ample space for your belongings.

Step into the good-sized, fully fenced yard – perfect for relaxing, entertaining, or enjoying the outdoors. And here's an extra perk – the back yard is north-facing, ensuring plenty of sunlight throughout the day.

Council Rates approx $1600 p.a.
Water Rates approx $1200 p.a.

Property History for 16 Burns St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$442,500
05 Apr 2024
  • 15 Mar 2024
    Sold for $442,500
  • 27 Feb 2024
    Listed for Sale Not Disclosed
  • 16 Apr 2002
    Sold for $55,000
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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, 66 properties were sold in the past 12 months in Invermay.

Suburb Insights for Invermay 7248

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Richard Bailey
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The Agency Tasmania
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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.