OFF MARKET

2/449 Invermay Road
Mowbray TAS 7248

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 45m2
Land area: 102m2
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Last updated 16 Sep 2024
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Property Details for 2/449 Invermay Rd, Mowbray

2/449 Invermay Rd, Mowbray is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1987. The property has a land size of 102m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
1987
Floor Size
45m2
Land Size
102m2
Local Government
Launceston
Lot/Plan
2/167652

Last Listing description (March 2021)

This single bedroom unit is definitely worth a look! Previously returning $195/wk, this is a great choice for a new or established investment portfolio.Situated just minutes away from shopping, transport and the Newnham UTAS campus, this is a conveniently located opportunity.This compact brick unit is certainly an easy set and forget investment, boasting around a 6% return with low maintenance.For your private inspection please call Joey Maloney at Ray White Launceston!*Ray White Launceston has no reason to doubt the accuracy of this information which has been obtained from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property History for 2/449 Invermay Rd, Mowbray, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$157,000
19 Jan 2021
Listed for Rent
$195/w
03 Dec 2019
  • 19 Jan 2021
    Sold for $157,000
  • 07 Jan 2021
    Listed for Sale $149,000-$159,000
  • 18 Sep 2020
    Listed for Sale $149,000
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About Mowbray 7248

The size of Mowbray is approximately 9.4 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Mowbray in 2011 was 3,751 people. By 2016 the population was 3,747 showing a population decline of 0.1% in the area during that time. The predominant age group in Mowbray is 20-29 years. Households in Mowbray are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mowbray work in a labourer occupation. In 2011, 51.6% of the homes in Mowbray were owner-occupied compared with 47.9% in 2016.

Mowbray has 1,896 properties. Over the last 5 years, Houses in Mowbray have seen a 64.64% increase in median value, while Units have seen a 70.13% increase. As at 31 August 2024:

  • The median value for Houses in Mowbray is $433,603 while the median value for Units is $365,266.
  • Houses have a median rent of $440 while Units have a median rent of $393.
There are currently 22 properties listed for sale, and 4 properties listed for rent in Mowbray on OnTheHouse. According to CoreLogic's data, 83 properties were sold in the past 12 months in Mowbray.

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