12 Graham Street, Invermay, TAS 7248 sold on 14 September 2026 | OnTheHouse
SOLD
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Sold on 14 Sep 2026 for $650,000

12 Graham Street
Invermay TAS 7248

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 134m2
Land area: 488m2
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Property Details for 12 Graham St, Invermay

12 Graham St, Invermay is a 5 bedroom, 2 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 488m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 5 bedroom House sold in Invermay in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
134m2
Land Size
488m2
Local Government
Launceston
Lot/Plan
2/123146

Last Listing description (September 2026)

Positioned in popular Invermay, this well-established share house presents a solid opportunity for investors seeking strong, consistent returns. Fully configured for multiple tenancies, the property is designed to maximise rental income with individual leases already in place, offering an immediate income stream from day one.

The main residence features five lettable rooms, supported by shared amenities including two bathrooms and a communal living, kitchen and dining area. Practical additions such as a separate laundry and an enclosed storage area enhance functionality for tenants, while the low-maintenance yard keeps upkeep to a minimum. Off-street parking for 23 vehicles further adds to the property's appeal. Conveniently located close to Invermay shops, public transport and local schools including Invermay Primary School and St Finn Barrs, and just a short 510 minute drive to the CBD and University campus.

Adding further value, a separate studio at the rear is independently leased. With its own open plan living and bedroom space, well-appointed kitchen and private bathroom, it provides an additional income source and flexibility for future use.

Currently generating a combined rental income of $1,335 per week, the property offers a strong return from multiple established tenancies. All furniture and appliances are included in the sale, allowing for a smooth transition and continued operation as a fully furnished investment.

Key Features:
Five individually leased rooms in the main house
Two shared bathrooms servicing the residence
Communal living, kitchen and dining area
Separate laundry and enclosed storage area
Low-maintenance backyard with no lawn care required
Off-street parking for 23 vehicles
Detached studio with its own lease
Studio includes open plan living/bedroom, kitchen and bathroom
Combined rental income of $1,335 per week
Furniture and appliances included in the sale
Close to Invermay shops, public transport and local schools
Approx. 510 minutes to the CBD and University campus
Multiple income streams from established tenancies

A ready-made investment with strong rental appeal, this property is well suited to those looking to expand their portfolio with a high-performing asset in a sought-after location.

Council Rates approx. $2000 p.a.
Water Rates approx. $1200 p.a.

Property History for 12 Graham St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$650,000
14 Sep 2026
Listed for Rent
$350/w
22 May 2026
  • 14 Sep 2026
    Sold for $650,000
  • 11 May 2026
    Listed for Sale Sold For $650,000.00
  • 14 Dec 2025
    Listed for Rent $350 / week
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About Invermay 7248

The size of Invermay is approximately 4.1 square kilometres. There are 9 parks, covering nearly 21.5% of the 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 professional occupation.In 2021, 46.50% of the homes in Invermay were owner-occupied compared with 44.00% in 2016.

Invermay has 2,062 properties. Over the last 5 years, Houses in Invermay have seen a 36.94% increase in median value, while Units have seen a 37.41% increase. As at 31 August 2026:

  • The median value for Houses in Invermay is $569,344 while the median value for Units is $474,929.
  • Houses have a median rent of $520 while Units have a median rent of $430.
There are currently 8 properties listed for sale, and 6 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 119 properties were sold in the past 12 months in Invermay.

Suburb Insights for Invermay 7248

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.