SOLD
Sold on 15 Jul 2024 for $475,000

2 Darwin Street
Invermay TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 108m2
Land area: 658m2
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Property Details for 2 Darwin St, Invermay

2 Darwin St, Invermay is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 658m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Invermay in the last 12 months.

Building Type
House
Year Built
1925
Floor Size
108m2
Land Size
658m2
Local Government
Launceston
Lot/Plan
30/225895

Last Listing description (September 2024)

Discover the exceptional investment potential of 2 Darwin St, Invermay. This fully renovated 3-bedroom property, generating a substantial weekly rental income of $475, is an ideal addition to any investment portfolio.

Nestled in the sought-after suburb of Invermay, this property offers a harmonious blend of modern living and convenience. The complete renovation ensures the home is in pristine condition, reducing the need for immediate maintenance and enhancing its appeal to prospective tenants. The thoughtful updates make it a move-in-ready residence, maximizing rental demand and justifying its current rental value.

Inside, you'll find beautifully polished Tasmanian Oak floorboards, adding a touch of elegance and warmth throughout the living spaces. The craftsmanship and quality of these floorboards enhance the overall aesthetic appeal and value of the home.

A standout feature of this property is the added value provided by its garage and outdoor bungalow. These additions offer extra space for tenants, whether for storage, hobbies, or a home office, further increasing the property's attractiveness and potential rental income.

Invermay is renowned for its excellent amenities and accessibility, making it a highly desirable location for renters. Proximity to local schools, parks, shopping centers, and public transport ensures a lifestyle of ease and convenience, broadening the tenant pool and ensuring high occupancy rates.

In summary, 2 Darwin St, Invermay is a prime investment opportunity. Its combination of high-quality renovation, desirable location, and significant rental income make it an attractive choice for investors seeking consistent returns and long-term capital growth. Don't miss the chance to secure this lucrative investment property.

Property History for 2 Darwin St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$475,000
15 Jul 2024
Listed for Rent
$475/w
20 May 2024
  • 15 Jul 2024
    Sold for $475,000
  • 07 May 2024
    Listed for Rent $475 / week
  • 15 Nov 2023
    Listed for Sale Not Disclosed
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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 2,060 properties. Over the last 5 years, Houses in Invermay have seen a 56.78% increase in median value, while Units have seen a 60.67% increase. As at 30 November 2024:

  • The median value for Houses in Invermay is $479,859 while the median value for Units is $487,067.
  • 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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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.