OFF MARKET

40 Gleadow Street
Invermay TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 95m2
Land area: 434m2
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Last updated 11 Nov 2024
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Property Details for 40 Gleadow St, Invermay

40 Gleadow St, Invermay is a 3 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 434m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1900
Floor Size
95m2
Land Size
434m2
Local Government
Launceston
Lot/Plan
2/40590

Last Listing description (September 2024)

Here is an excellent opportunity to purchase a slice of Invermay's history.
This is a great investment opportunity, currently tenanted through until December, a fantastic first home or a great downsizer.

This home boasts all the characteristics of a period home with high ceilings, polished floor boards, mantles and picture rails.

All three bedrooms are generous in size, with the living room enjoying two heating options, with a choice of wood heater or a split system to warm the home. In addition, there is also a heat transfer system in the insulated roof.
Both the kitchen and bathroom (combined with laundry) have been tastefully re-furbished and the property has also been re-plumbed and also boasts a new roof and new decking boards on the front veranda

Sliding doors from the kitchen open on to the enclosed back deck, perfect for alfresco dining and ideally positioned with a northerly aspect to capture day long sunshine.

With a flat, fully fenced rear yard and off-street parking for two vehicles the location is key, being within walking distance to the CBD, Seaport, UTAS Stadium and the Inveresk Precinct that houses the Queen Victoria Museum and Art Gallery and the University of Tasmania.

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Property History for 40 Gleadow St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$460,500
17 Nov 2022
Listed for Rent
09 Dec 2020
  • 20 Jun 2023
    Listed for Sale Not Disclosed
  • 17 Nov 2022
    Sold for $460,500
  • 31 Oct 2022
    Listed for Sale Offers Over $449,000
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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.

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