4/11 South Street

Invermay TAS 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 2,057 properties. Over the last 5 years, Houses in Invermay have seen a 50.72% increase in median value, while Units have seen a 52.71% increase. As at 28 February 2025:

• The median value for Houses in Invermay is $478,571 while the median value for Units is $392,400.
• Houses have a median rent of $460 while Units have a median rent of $440.