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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 $485,000 and this has changed -2.81% over the past year and changed -2.03% over 2 years.

The median rent in Invermay for houses is $450 per week and the median rental yield is 4.82%. Stock on the market for houses/townhouses has changed -16.67% compared to last year and the average time to sell a house/townhouse is 132 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 $340 per week, producing a rental yield of NA.

Supply & Demand in Invermay, Launceston

0.75%

Current vacancy rate


14

Rental stock available


3,055

Population


43.45%

Rental population


0.70%

Current vacancy rate


226

Rental stock available


65,275

Population


30.07%

Rental population


0.49%

Current vacancy rate


1,351

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Invermay, Launceston

  House Townhouses Units
Median listing price $485,000 NA NA
Median price change - last quarter -1.22% NA NA
Median price change - 1 year -2.81% NA NA
Median price change - 2 years -2.03% NA NA
  House Townhouses Units
Median weekly rent $450 NA $340
Median yield % 4.82% NA NA
Median rent change - 1 year 4.65% NA 4.61%
  House Units
Previous month sales 9 0
Stock on market previous month 30 1
Stock variance vs. last year -16.67% -66.67%
Average days on market 132 NA

Invermay investment property listings

Showing 5 of 36 investment properties found in Invermay on realestateinvestar.com.au

N/A, Invermay

$560,000

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Character Cottage walking distance to Launceston CBD, Seaport, U

The Phone Code for this property is: 23128. Please quote this number when phoning or texting. Positioned in the heart of the ever-popular Invermay precinct, this property presents a rare opportunity to secure a beautifully renovated 2-bedroom character cottage only 15 minutes walk from the ...

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House

TAS 7248


17 Landale St, Invermay

$449,000

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Roll Up Your Sleeves Classic Cottage Ready for Revival

Positioned in ever-popular Invermay, this original 1880s cottage is ready for a complete transformation. Rich in history and full of potential, it presents an opportunity for those with vision to restore and reimagine a piece of the past. Set within walking distance to UTAS Stadium, the CBD, ...

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House

TAS 7248


36-38 Taylor St, Invermay

$649,000

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Classic Cottage on Dual Titles

Set on a flat 658 sqm parcel across two titles, this circa 1900 brick cottage presents a rare opportunity in a tightly held inner-city fringe location. Comfortable as is but ready for its next chapter, the home offers solid bones, generous proportions and genuine scope to renovate, extend or ...

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House

TAS 7248


1/15 Lamont St, Invermay

$695,000

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Best of Both Worlds - Traditional Invermay Cottage, Completely R

Behind the pretty classic façade sits a totally redesigned modern home. Positioned in one of Invermay's most desirable pockets, this exceptional lifestyle location has at its doorstep some of Launceston's most loved venues. One end of the street leads directly to the Star Theatre, Swamp ...

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House

TAS 7248


13 Herbert St, Invermay

$900,000

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Versatile Invermay Industrial Asset

Positioned in the tightly held light industrial precinct of Invermay, 13 Herbert Street offers an exceptional opportunity for both investors and owner occupiers seeking a versatile and well-located asset. Just minutes from Launceston's CBD, the East Tamar Highway and within walking distance to the ...

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Commercial

TAS 7248


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