OFF MARKET

24C Forster Street
Invermay TAS 7248

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 137m2
Land area: 524m2
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Last updated 11 Nov 2024
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Property Details for 24c Forster St, Invermay

24c Forster St, Invermay is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1948. The property has a land size of 524m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1948
Floor Size
137m2
Land Size
524m2
Local Government
Launceston
Lot/Plan
3/55547

Last Listing description (March 2022)

Here is a rare opportunity to buy a five bedroom/three bathroom home that is located within a couple of minutes stroll to the Inveresk campus of the University and only a few minutes walk into Launceston's CBD.

Currently fully leased till January 2022 with a return of over 5% and with scope to improve.
Two bedrooms have ensuites and the other three are good sizes and have access to the main bathroom and there is an extra toilet to add to the package. The lounge and kitchen are open plan and spacious and lead out onto a large under-cover entertaining area.

The original garage has also been converted into a rumpus room and also leads off the living area.

Here is an extraordinary opportunity to buy as an investment property in a great location or wait till lease ends and move your large family in as your home.

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Property History for 24c Forster St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$502,000
07 Sep 2021
Listed for Rent
$600/w
19 Jan 2022
  • 07 Jan 2022
    Listed for Rent $600 / week
  • 07 Sep 2021
    Sold for $502,000
  • 25 Aug 2021
    Listed for Sale Offers Over $499,000
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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 17 properties listed for sale, and 6 properties listed for rent in Invermay on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Invermay.

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