177 Invermay Road, Invermay, TAS 7248 sold on 15 October 2025 | OnTheHouse
 
SOLD
Sold on 15 Oct 2025 for $510,000

177 Invermay Road
Invermay TAS 7248

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 191m2
Land area: 630m2
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Property Details for 177 Invermay Rd, Invermay

177 Invermay Rd, Invermay is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1900. The property has a land size of 630m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Invermay in the last 12 months.

Building Type
House
Year Built
1900
Floor Size
191m2
Land Size
630m2
Local Government
Launceston
Lot/Plan
3/222829

Last Listing description (December 2025)

Set in one of Launceston's highest exposure corridors, 177 Invermay Road presents an exceptional opportunity for savvy investors, developers, or owner-occupiers. Zoned Residential but used for commercial purposes over the past decade, this versatile property offers a strong foundation with the flexibility to suit a range of future uses (STCA).Positioned on a bustling main road with significant daily traffic, the site boasts dual street access and on-site parking for up to 10 vehicles an increasingly rare feature in this location. A rear disability ramp ensures accessible entry, while a high-clearance 6m x 6m garage offers ideal storage for equipment, tall vehicles, or workshop needs.Internally, the property features two bathrooms and three toilets, making it highly adaptable to business, consulting, or community-focused operations. The building itself is spacious with excellent redevelopment potential for those seeking to return it to residential use, configure it for mixed use, or capitalise on the area's commercial demand (STCA).Whether you're envisioning professional offices, a creative workspace, or a modern residential conversion, 177 Invermay Road provides the visibility, scale, and practicality to bring your vision to life.Opportunities in such a prime, high-traffic position are rare. Don't miss your chance to secure a standout site with enormous potential in one of Launceston's key growth corridors.

Property History for 177 Invermay Rd, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$510,000
15 Oct 2025
  • 02 Nov 2025
    Listed for Rent $485 / week
  • 15 Oct 2025
    Sold for $510,000
  • 04 Jul 2025
    Listed for Sale Offers Over $500,000
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About Invermay 7248

The size of Invermay is approximately 4.1 square kilometres. It has 9 parks covering nearly 21.5% of total area. The population of Invermay in 2016 was 3061 people. By 2021 the population was 3498 showing a population growth of 14.3% in the area during that time. The predominant age group in Invermay is 20-29 years. Households in Invermay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Invermay work in a community and personal service occupation.In 2021, 46.50% of the homes in Invermay were owner-occupied compared with 44.00% in 2016.

Invermay has 2,054 properties. Over the last 5 years, Houses in Invermay have seen a 50.20% increase in median value, while Units have seen a 38.69% increase. As at 30 November 2025:

  • The median value for Houses in Invermay is $509,690 while the median value for Units is $348,837.
  • Houses have a median rent of $460 while Units have a median rent of $420.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 100 properties were sold in the past 12 months in Invermay.

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