5 Ferrall StreetInvermay TAS 7248
Property Details for 5 Ferrall St, Invermay
5 Ferrall St, Invermay is a 2 bedroom, 1 bathroom House with 6 parking spaces and was built in 1920. The property has a land size of 429m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in July 2012.
Last Listing description (February 2020)
In a quiet tree-lined street in Invermay's most desirable pocket, you will love this gorgeous renovated two-bedroom cottage.
Blending contemporary living while maintaining the integrity and charm of the Federation era, there is nothing to do but move in and enjoy.
- Two large, light-filled bedrooms
- New carpets, paint, plasterwork, kitchen, bathroom, insulation and colorbond roof
- Covered, timber deck
- Huge double garage plus workshop
- Currently listed on AirBnb and HomeAway with excellent forward bookings
- Current owners will consider managing the property should the new owners wish to continue short-term accommodation
- Either invest or simply occupy
- Fastest growing, city-fringe suburb
- Part or fully-furnished if required
With the Invermay market moving forward strongly and the University of Tasmania development soon to commence, the timing could not be better to secure and enjoy great returns and capital growth,
Disclaimer:
One Agency Launceston has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective purchasers are advised to execute their own enquiries.
Property History for 5 Ferrall St, Invermay, TAS 7248
- 18 Sep 2019Listed for Sale $395,000-$435,000
- 25 Aug 2012Listed for Rent - Price not available
- 30 Jul 2012Sold for $185,000
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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.
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