OFF MARKET

349 Invermay Road
Mowbray TAS 7248

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 326m2
Land area: 2740m2
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Property Details for 349 Invermay Rd, Mowbray

349 Invermay Rd, Mowbray is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1925. The property has a land size of 2740m2 and floor size of 326m2. While the property is not currently for sale or for rent, it was last sold in March 2010.

Building Type
House
Year Built
1925
Floor Size
326m2
Land Size
2740m2
Local Government
Launceston
Lot/Plan
2/168904

Last Listing description (November 2018)

With near unlimited options, this property is hidden from the road and its scope won't become apparent without a physical inspection. A near level allotment of approx 3519m2, there is a fabulous 1920s home (4-5 bedrooms, 2-3 bathrooms, formal and informal living rooms), a large garage/workshop with power and water, and the option to purchase an additional property to enable access through to Button Street. Whether you are looking for a large family home on a generous block, a site to suit multi dwellings for affordable accommodation or a luxury townhouse development (STCA), we would suggest that you could look far and wide to find a property as good as this one.
With city views, established trees, an attractive zoning for development, and a location almost exactly in between the two university campuses, this is an excellent opportunity for the astute investor.

Property History for 349 Invermay Rd, Mowbray, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$330,000
13 Mar 2010
  • 05 Mar 2018
    Listed for Sale Offers over $550,000
  • 13 Mar 2010
    Sold for $330,000
  • 06 Feb 2010
    Listed for Sale FOR SALE BY AUCTION
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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 20 properties listed for sale, and 1 property listed for rent in Mowbray on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Mowbray.

Suburb Insights for Mowbray 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.