21 Gleadow Street, Invermay, TAS 7248 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $599,000

21 Gleadow Street
Invermay TAS 7248

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 146m2
Land area: 328m2
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Investment Opportunity in Invermay

This well-positioned Invermay property presents an excellent investment opportunity in a consistently high-demand rental area. Currently tenanted, the home offers three bedrooms, two bathrooms, and open plan living, complemented by a single car space. It has been freshly painted and is in good condition, ensuring ongoing appeal for both tenants and future buyers.
Retaining elements of its original character, the home features high ceilings, decorative ceiling detail, and original windows, some highlighted with coloured glass. These period touches sit comfortably alongside modern updates, creating a residence that is both functional and inviting.
The location adds strong value, with the CBD, Seaport precinct, Invermay shops, UTAS Stadium, the University, and public transport all within walking distance. With its blend of character, convenience, and secure tenancy, this property represents a reliable and appealing investment choice.
Council Rates approx. $2700 p.a.
Water Rates approx. $2000 p.a.

Property Details for 21 Gleadow St, Invermay

21 Gleadow St, Invermay is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 328m2 and floor size of 146m2. The place is currently for sale with The Agency Tasmania.

Building Type
House
Floor Size
146m2
Land Size
328m2
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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 46.85% increase in median value, while Units have seen a 26.95% increase. As at 31 October 2025:

  • The median value for Houses in Invermay is $500,315 while the median value for Units is $333,501.
  • Houses have a median rent of $460 while Units have a median rent of $420.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 93 properties were sold in the past 12 months in Invermay.

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Richard Bailey
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The Agency Tasmania
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