1/257 Invermay Road, Invermay, TAS 7248 | Property Value & History | OnTheHouse
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1/257 Invermay Road
Invermay TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 71m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Low Confidence
Last updated 11 Aug 2025
Low

High
$375k
$400k
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Property Details for 1/257 Invermay Rd, Invermay

1/257 Invermay Rd, Invermay is a 2 bedroom, 1 bathroom Unit and was built in 1991. The property has a floor size of 71m2.

Building Type
Unit
Year Built
1991
Floor Size
71m2
Local Government
Launceston

Last Listing description (May 2021)

This converted shopfront in Invermay is a perfect solution for someone needing a bigger than usual one bedroom unit with study space for themselves or a two bedroom unit close to shops and UTAS, offering:

Combined kitchen and dining area
Spacious lounge room, warmed with heat pump

Two bedrooms
Functional bathroom
Separate toilet
Not pet friendly

$220 per week
Available: 13/05/2021

Property History for 1/257 Invermay Rd, Invermay, TAS 7248

A timeline of how this property has performed in the market
Listed for Rent
$195/w
29 Sep 2016
  • 03 May 2021
    Listed for Rent $220 / week
  • 06 Feb 2020
    Listed for Rent $200 / week
  • 16 Aug 2016
    Listed for Rent $195 / week
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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 2,060 properties. Over the last 5 years, Houses in Invermay have seen a 40.90% increase in median value, while Units have seen a 71.45% increase. As at 31 July 2025:

  • The median value for Houses in Invermay is $454,063 while the median value for Units is $435,552.
  • Houses have a median rent of $450 while Units have a median rent of $445.
There are currently 12 properties listed for sale, and 7 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 65 properties were sold in the past 12 months in Invermay.

What's around 1/257 Invermay Rd, Invermay

1/257 Invermay Rd, Invermay is in the school catchment zone for Invermay Primary School.

Nearby Schools
Comparable Properties
St Finn Barr's Catholic Primary School
0.1km
Invermay 7248
PrimaryNon-GovernmentP - 6Combined281 Enrolled
Invermay Primary School
0.78km
Invermay 7248
IN CATCHMENTPrimaryGovernmentP - 6Combined308 Enrolled
Launceston Church Grammar School
0.83km
Mowbray 7248
SecondaryNon-GovernmentP - 12Combined743 Enrolled
Mowbray Heights Primary School
1.4km
Mowbray 7248
PrimaryGovernmentP - 6Combined523 Enrolled
Launceston Big Picture School
1.57km
Invermay 7248
SecondaryGovernment9 - 12Combined38 Enrolled
Launceston Church Grammar School - Junior Campus
2.57km
East Launceston 7250
PrimaryNon-GovernmentCombined Enrolled
Riverside Primary School
2.78km
Riverside 7250
PrimaryGovernmentP - 6Combined698 Enrolled
Scotch Oakburn College - Elphin Campus
2.82km
Newstead 7250
PrimaryNon-GovernmentCombined Enrolled
Launceston College
2.85km
Launceston 7250
SecondaryGovernment11 - 12Combined1455 Enrolled
Riverside High School
3.02km
Riverside 7250
SecondaryGovernment7 - 10Combined733 Enrolled

Suburb Insights for Invermay 7248

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Neighbourhood Insights
Age

Population 3,498

0-9

 

10%

10-19

 

10%

20-29

 

24%

30-39

 

15%

40-49

 

11%

50-59

 

11%

60-69

 

11%

70-79

 

6%

80-89

 

2%

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Occupancy