2/5 Howard StreetInvermay TAS 7248
Property Details for 2/5 Howard St, Invermay
2/5 Howard St, Invermay is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 371m2.
Last Listing description (December 2025)
This property offers an excellent investment potential with dual rental incomes. This 127m2 home has been divided into two units, providing the opportunity to maximize the rental return. Situated in Invermay, the units are conveniently located near local shopping areas, UTAS Inveresk campus, the Riverbend Park and Seaport, and only 5 minutes away from the city centre.
Both units feature renovated kitchen areas with electric appliances, modern bathrooms, reverse-cycle heating and cooling, built-in robes in each bedroom and fenced outdoor areas to allow for privacy and comfort. Unit 1 is located at the front of the building and is one bedroom, one bathroom with a separate living area. Whilst Unit 2 offers an open plan living spaces, two bedrooms, and a single garage.
The two units are currently tenanted and managed through Peter Lees Real Estate, with lease dates valid until 2025. The combined rental return for the property is $1,410 per fortnight.
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Boundary lines are indicative only.
Property History for 2/5 Howard St, Invermay, TAS 7248
- 09 Dec 2024Listed for Sale Offers Above $549,000
- 06 Apr 2023Listed for Rent $360 / week
- 05 Jan 2021Listed for Rent - Price not available
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0About 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 2,057 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.
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