SOLD
Sold on 02 Jul 2024 for $250,000

79 Mayne Street
Invermay TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 125m2
Land area: 1510m2
Sold By
Elders Real Estate Hobart
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Property Details for 79 Mayne St, Invermay

Building Type
Land
Floor Size
125m2
Land Size
1510m2
Local Government
Launceston
Lot/Plan
1/225246

Last Listing description (September 2024)

Opportunity to purchase 1,482 sqm of land.

Currently home of Launceston Trailer Hire with existing use inclusive of vehicle storage, manufacturing, engineering and sales.

Zoned 'General Residential', 79 Mayne Street presents endless opportunity to potentially continue existing uses or do a residential development.

One for the astute investor.

Size: 1,482 sqm

Property History for 79 Mayne St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$250,000
02 Jul 2024
  • 02 Jul 2024
    Sold for $250,000
  • 03 Mar 2023
    Listed for Sale Offers Over $400,000
  • 25 May 1984
    Sold for $6,000

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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.