OFF MARKET

70 Invermay Road
Invermay TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 121m2
Land area: 626m2
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Property Details for 70 Invermay Rd, Invermay

70 Invermay Rd, Invermay is a 3 bedroom, 1 bathroom House and was built in 1925. The property has a land size of 626m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
House
Year Built
1925
Floor Size
121m2
Land Size
626m2
Local Government
Launceston
Lot/Plan
17/91912

Last Listing description (February 2022)

What an opportunity! Just when you think there is nowhere left along Invermay Road with commercial potential, along comes this beauty.
70 Invermay Road is now on the market and priced to sell.
Currently rented at $375 p/w with the potential to go higher, the tenant is happy to stay, or can move out depending on purchasers requirements.

Sitting in a prime traffic area with off street parking this property is ideal for business ideas such as, office spaces, an admin centre, retail outlet, a physiotherapist, doctors, veterinarian clinic, or just simply buy it for your own home.

* 3 good sized bedrooms
* Modern bathroom
* Large lock up garage/storage
* Split air conditioning system
* Rear parking
* Excellent location
* Located within walking distance to the local university and city centre.
* NBN
* Zoned in a residential area.
If you don't jump on this rare opportunity some one else will!

Contact us today to secure your personal viewing.
(All viewings are subject to 48 hours notice)

Property History for 70 Invermay Rd, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$270,000
04 Aug 2016
Listed for Rent
12 May 2016
  • 19 Nov 2020
    Listed for Sale $595,000
  • 04 Aug 2016
    Sold for $270,000
  • 25 Feb 2016
    Listed for Sale $270,000 - $295,000
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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.

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.