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Sold on 14 Mar 2024 for $485,000

24 Vermont Road
Mowbray TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 113m2
Land area: 758m2
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Property Details for 24 Vermont Rd, Mowbray

24 Vermont Rd, Mowbray is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 758m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Mowbray in the last 12 months.

Building Type
House
Floor Size
113m2
Land Size
758m2
Local Government
Launceston
Lot/Plan
1/55295

Last Listing description (March 2024)

Welcome to 24 Vermont Road, Invermay, where opportunity meets convenience! This neat brick home sits on a generous 758m2 of land, offering endless potential for both investors and first-time home buyers alike.

Boasting three generously sized bedrooms, each equipped with built-in robes, this residence provides comfortable living spaces ideal for a growing family or savvy investor. Stay cozy year-round with the convenience of a heat pump and a fire.

With its ample land size, this property presents exciting development prospects (STCA), allowing you to explore various options to maximize its value. You can continue to generate income from the main dwelling while developing the rear portion of the property.

Strategically located near UTAS, the Australian Maritime College, Mowbray shopping precinct, and primary schools, convenience is at your doorstep. Enjoy easy access to amenities and a short drive to Launceston CBD, ensuring a well-connected lifestyle.

Whether you're seeking a promising investment opportunity or a place to call home, 24 Vermont Road ticks all the boxes.

Year Built - 1959
Rental estimate: $450 p/w
House size: 113m2
Land size: 758m2
Water Rates: $1,180 p/a
Council Rates: $1,800 p/a

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Property History for 24 Vermont Rd, Mowbray, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$485,000
14 Mar 2024
  • 05 Mar 2024
    Sold for $485,000
  • 20 Feb 2024
    Listed for Sale $435k - $485k
  • 16 Dec 2018
    Sold for $275,000
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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 1,881 properties. Over the last 5 years, Houses in Mowbray have seen a 56.76% increase in median value, while Units have seen a 60.35% increase. As at 31 October 2024:

  • The median value for Houses in Mowbray is $428,503 while the median value for Units is $350,006.
  • Houses have a median rent of $445 while Units have a median rent of $400.
There are currently 24 properties listed for sale, and 4 properties listed for rent in Mowbray on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Mowbray.

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