OFF MARKET

2/1 South Street
Invermay TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 440m2
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Property Details for 2/1 South St, Invermay

2/1 South St, Invermay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 440m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
1992
Floor Size
97m2
Land Size
440m2
Local Government
Launceston
Lot/Plan
2/100985

Last Listing description (July 2021)

This South Street property in popular Invermay is located on the 'Paris' side of Invermay Road in a lovely street and is really quite a surprise. Currently configured as a light and spacious two bedroom, one bathroom unit, there are also options to expand as you will see upon inspection.

The north facing home receives terrific all day sunlight to the kitchen, dining and living areas with external awnings providing weather protection and shade as necessary. There is additional bench-space off the neat and tidy kitchen by way of a handy breakfast bar and the open plan living area is kept comfortable year round with a Mitsubishi inverter heat-pump and updated floor coverings throughout.

Both bedrooms have built-in robes and are serviced by a modern, shiny and new bathroom/laundry with separate shower, bath and toilet.

As mentioned this property provides the opportunity to expand, with the current single garage having a separate entrance and bi-fold doors which could ideally suit a home business or potential additional living space with approved plumbing in place for a second bathroom/laundry space.

Located at the rear of a small complex, the home is very private and quiet with a fully fenced rear courtyard and plenty of off street parking for at least three vehicles. Walk to the local supermarket, primary school and the Inveresk Precinct that houses the Museum and the current and soon to be relocated University as well as popular Heritage Forest. Also an easy, flat walk to the Launceston CBD - call today to arrange an inspection.

Council Rates:
Approximately $1200 per year
TasWater Rates: Approximately $1000 per year + usage

Bushby Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 2/1 South St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$352,000
01 Feb 2021
Listed for Rent
19 Apr 2021
  • 01 Apr 2021
    Listed for Rent - Price not available
  • 01 Feb 2021
    Sold for $352,000
  • 27 Jan 2021
    Listed for Sale Offers Over $329,000
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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, 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.