OFF MARKET

24 Forster Street
Invermay TAS 7248

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 134m2
Land area: 559m2
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Property Details for 24 Forster St, Invermay

24 Forster St, Invermay is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 559m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1940
Floor Size
134m2
Land Size
559m2
Local Government
Launceston
Lot/Plan
6/55547

Last Listing description (June 2014)

HUGE Investment Opportunity!
This large open planned weatherboard home is big on convenience with the University's Inveresk campus, Heritage Forest and the CBD all within walking distance! Upstairs this elevated property has 3 bedrooms (all with built ins), a tastefully renovated living area and kitchen, floor boards and a fantastic tiered deck out the back where you can proudly host your weekend BBQs! On the lower level of the home is a separate flat styled arrangement with its own bedroom, bathroom and kitchenette- perfect for the mother in law, second tenant or the maturing teenager! Other features of the property include the garage/ workshop area, dual access driveways and the views of Invermay Park. This property is ready to move into but equally, has great potential for further renovation. This property offers great yield potential and has had a rental appraisal of $380 p/w (if the top and bottom floor were occupied by separate tenants)! This property will not last long at this price so call me today to arrange an inspection.
Additional feature/s - Deck.

Property History for 24 Forster St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$600,000
11 Feb 2021
  • 11 Feb 2021
    Sold for $600,000
  • 17 May 2014
    Sold for $247,000
  • 31 Mar 2014
    Listed for Sale $255,000
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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.