4 Richmond StreetInvermay TAS 7248
Property Details for 4 Richmond St, Invermay
4 Richmond St, Invermay is a 1 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 721m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (September 2021)
4 Richmond Street is a home currently in three separate tenancies returning $600 per week.
Located a 5 minute walk from UTAS Stadium and the newly constructed University it offers very good cash flow to the new owners.
Currently utilised as two, 2 bedroom units and a one bedroom bed sit.
The tenancies themselves return $150, $200 and $250 per week and two out of the three tenancies go through until 2022.
Offered for sale by negotiation between $450,000 to $469,000. Register your interest early.
Property History for 4 Richmond St, Invermay, TAS 7248
- 10 Sep 2021Sold for $430,000
- 13 Jul 2021Listed for Sale $430,000 - $450,000
- 22 Jan 2019Sold for $315,000
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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 2,054 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.
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