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Sold on 19 Jul 2024 for $660,000

77 Mayne Street
Invermay TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 125m2
Land area: 1760m2
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Elders Real Estate Hobart
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Property Details for 77 Mayne St, Invermay

77 Mayne St, Invermay is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1760m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Invermay in the last 12 months.

Building Type
House
Floor Size
125m2
Land Size
1760m2
Local Government
Launceston
Lot/Plan
1/226818

Last Listing description (August 2024)

This classic period home is strategically located in an area of Invermay which is noted for a number of similar era period homes, making it ripe for renovation and return to its former glory as a family home. Adding to the appeal are workshops and sheds to the rear of the dwelling. The flexibility of these sheds for either a tradie or general handyman is rarely found. With the large land size, the sheds are set well back from the dwelling thereby ensuring privacy is kept between the dwelling and any trade activity.

This rewarding property and its classic Federation era residence, originally built c1908 for Captain Panton, is conveniently located within close proximity to the Invermay Primary School and other services provided along Invermay Road.

The three bedroom brick home, which is ready for renovation is accompanied by an elevated level site which is above the flood risk of surrounding lower lying areas of Invermay.

The home retains many of its original architectural period features including ornate cornice, ceiling roses and timber fretwork.

The property is being offered on a new title of 1,250 sqm* or thereabouts. This generous land size provides scope for additions and further development (STCA).

The location is defined by its proximity to Invermay Primary School, the Star Theatre, Swamp Cafe, Manu Bakery, the Inveresk UTAS campus and UTAS stadium.

(*approx.)

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Property History for 77 Mayne St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$660,000
19 Jul 2024
  • 19 Jul 2024
    Sold for $660,000
  • 01 Mar 2023
    Listed for Sale Offers Over $1,150,000

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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 2,060 properties. Over the last 5 years, Houses in Invermay have seen a 56.78% increase in median value, while Units have seen a 60.67% increase. As at 30 November 2024:

  • The median value for Houses in Invermay is $479,859 while the median value for Units is $487,067.
  • 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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