OFF MARKET

7 Balaclava Street
Invermay TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 79m2
Land area: 303m2
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Property Details for 7 Balaclava St, Invermay

7 Balaclava St, Invermay is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 303m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
House
Year Built
1900
Floor Size
79m2
Land Size
303m2
Local Government
Launceston
Lot/Plan
1/33333

Last Listing description (September 2017)

Built around 1900, this two bedroom cottage is located with a few minutes walk to Launceston's CBD, Seaport Eateries, Inveresk Precinct (home to the museum and the art and architecture campuses of the University) and UTAS Stadium (where Hawthorn play 4 roster games each year). Although small in stature, it is homely and has a private rear yard ideal for pets.
Currently leased to a couple who treat it as if it were their own and have been in this home for many years.

Great opportunity to start your investment portfolio!

Richard Bailey : 0419 386 945

Property History for 7 Balaclava St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$210,000
19 Mar 2017
  • 19 Mar 2017
    Sold for $210,000
  • 16 Mar 2017
    Listed for Sale $219,000
  • 29 Sep 2008
    Sold for $160,000
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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 2,052 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, 67 properties were sold in the past 12 months in Invermay.

Suburb Insights for Invermay 7248

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.