OFF MARKET

373 Invermay Road
Mowbray TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 192m2
Land area: 718m2
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Property Details for 373 Invermay Rd, Mowbray

Building Type
Commercial
Year Built
1964
Floor Size
192m2
Land Size
718m2
Local Government
Launceston
Lot/Plan
1/136786

Last Listing description (March 2015)

Retail Shops Fronting Invermay Road
This high profile retail and commercial premises comprises two ground floor retail shops with rear ex-bakery with first floor offices. Limited onsite car parking is available and vehicular access to the ex-bakery. The retail shops are currently leased to Ozzie Pizza and Wholesome House with the rear ex-bake house vacant. The location contains established and well known retailers such as Coles, KFC, recently developed shopping plaza as well as the Mowbray Hotel and racing precinct.

Property History for 373 Invermay Rd, Mowbray, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$380,000
17 Feb 2015
Listed for Rent
$575/w
30 Aug 2022
  • 17 Feb 2015
    Sold for $380,000
  • 07 Jan 2015
    Listed for Sale EXPRESSIONS OF INTEREST
  • 08 Jul 2014
    Listed for Rent $12,500 / year
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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 1,902 properties. Over the last 5 years, Houses in Mowbray have seen a 57.27% increase in median value, while Units have seen a 68.75% increase. As at 31 January 2025:

  • The median value for Houses in Mowbray is $427,002 while the median value for Units is $364,169.
  • Houses have a median rent of $450 while Units have a median rent of $418.
There are currently 29 properties listed for sale, and 7 properties listed for rent in Mowbray on OnTheHouse. According to CoreLogic's data, 100 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.