16 Balaclava Street, Invermay, TAS 7248 sold on 16 January 2026 | OnTheHouse
 
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Sold on 16 Jan 2026 for $535,000

16 Balaclava Street
Invermay TAS 7248

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 96m2
Land area: 311m2
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This property is currently on the market
Share house in the heart of Invermay - 1 x Room only
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Property Details for 16 Balaclava St, Invermay

16 Balaclava St, Invermay is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 311m2 and floor size of 96m2.This Property is currently listed for rent with The Agency Northern Tasmania

Building Type
House
Floor Size
96m2
Land Size
311m2

Last Listing description (January 2026)

Discover an exceptional investment opportunity in Balaclava Street. This property offers a combination of prime location and excellent returns, making it a standout choice for savvy investors.

Key Features:
• 5 Bedrooms, 2 Bathrooms: Spacious and versatile, perfect for families or multiple tenants.

• Decked Area: Enjoy both covered and uncovered outdoor spaces for relaxation and entertainment.

• Ample Parking: Convenient parking for up to 3 cars, a rare find in such a central location.

• Prime Location:
Walking distance to the CBD and University, making it highly attractive to students and professionals.

• Proximity to UTAS Stadium, Inveresk Precinct, and Seaport offers recreational and cultural amenities at your doorstep.

Currently Rented with a Strong Return
This property is currently rented and generating a good return - Gross 8% - ensuring immediate income and a secure investment.

Don't Miss Out!
Invest in a property that offers both strong rental income and potential for future capital growth. Contact us today to learn more about this unique investment opportunity on Balaclava Street in Invermay!

Council Rates approx. $1700
Water Rates approx. $1100

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Property History for 16 Balaclava St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$535,000
16 Jan 2026
Listed for Rent
$200/w
15 May 2026
  • 15 May 2026
    Listed for Rent $200 / week
  • 05 Mar 2026
    Listed for Rent $200 / week
  • 16 Jan 2026
    Sold for $535,000
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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 2,059 properties. Over the last 5 years, Houses in Invermay have seen a 46.20% increase in median value, while Units have seen a 37.04% increase. As at 30 April 2026:

  • The median value for Houses in Invermay is $552,335 while the median value for Units is $430,949.
  • Houses have a median rent of $495 while Units have a median rent of $400.
There are currently 7 properties listed for sale, and 10 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 113 properties were sold in the past 12 months in Invermay.

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Richard Bailey
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The Agency Northern Tasmania
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