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Investment Property Invermay, TAS, 7248

Suburb Snapshot

Invermay is a suburb in the Launceston Region of Tasmania. Invermay has a population of 3,055 people and 43.45% of its occupants live in rental accommodation. The median listing price for houses is $489,000 and this has changed -2.01% over the past year and changed -1.22% over 2 years.

The median rent in Invermay for houses is $450 per week and the median rental yield is 4.78%. Stock on the market for houses/townhouses has changed -12.12% compared to last year and the average time to sell a house/townhouse is 131 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Invermay is $360 per week, producing a rental yield of NA.

Supply & Demand in Invermay, Launceston

1.02%

Current vacancy rate


19

Rental stock available


3,055

Population


43.45%

Rental population


0.72%

Current vacancy rate


234

Rental stock available


65,275

Population


30.07%

Rental population


0.51%

Current vacancy rate


1,414

Rental stock available


509,956

Population


23.11%

Rental population


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Statistical data for Invermay, Launceston

  House Townhouses Units
Median listing price $489,000 NA NA
Median price change - last quarter -1.22% NA NA
Median price change - 1 year -2.01% NA NA
Median price change - 2 years -1.22% NA NA
  House Townhouses Units
Median weekly rent $450 NA $360
Median yield % 4.78% NA NA
Median rent change - 1 year 4.65% NA 5.88%
  House Units
Previous month sales 3 0
Stock on market previous month 29 1
Stock variance vs. last year -12.12% -75.00%
Average days on market 131 NA

Invermay investment property listings

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