SOLD
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Sold on 16 Feb 2024 for $320,000

8 Home Street
Invermay TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 92m2
Land area: 379m2
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Property Details for 8 Home St, Invermay

8 Home St, Invermay is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 379m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Invermay in the last 12 months.

Building Type
House
Floor Size
92m2
Land Size
379m2
Local Government
Launceston
Lot/Plan
13/62242

Last Listing description (February 2024)

Welcome to your next venture in Invermay! This 2-bedroom weatherboard home is your canvas for transformation. Nestled in a prime location, it's just moments away from the Seaport, Riverbend Park, CBD, University, and the vibrant Inveresk precinct.

This fixer-upper is a fantastic opportunity for first-time homebuyers eager to step into the market or savvy investors looking to expand their portfolio. With a good-sized block, there is plenty of potential for improvement. Picture yourself adding value and making this residence shine.

Seize the chance to create a home that reflects your style and taste, all while enjoying the convenience of being close to key amenities. Don't miss out on this gem – an affordable entry into a sought-after locale. Your journey in Invermay awaits!

Council Rates approx. $1600 p.a.
Water Rates approx. $1200 p.a.

Property History for 8 Home St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$320,000
16 Feb 2024
Listed for Rent
$314/w
22 Jun 2020
  • 13 Feb 2024
    Sold for $320,000
  • 06 Dec 2023
    Listed for Sale Offers Over $319,000
  • 15 May 2020
    Listed for Rent $315 / week
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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 2,050 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 17 properties listed for sale, and 5 properties listed for rent in Invermay on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Invermay.

Suburb Insights for Invermay 7248

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Contact agent
Richard Bailey
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The Agency Tasmania
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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.