20 Rees StreetInvermay TAS 7248
Property Details for 20 Rees St, Invermay
20 Rees St, Invermay is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 477m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (November 2021)
Looking for a good return with little maintenance?
Located in the heart of lnvermay close to all amenities, sits this secure weatherboard cottage.
Currently configured in a 2-bedroom house returning $300 per week with a new tenant moving in shortly on a 12-month lease, plus a garage with separately metered power at $150 per week with an excellent tenant in place.
Rates are $1364 and water $1052 annually, thus a gross return of approximately 6%
Viewings by private inspection.
M Boutique Real Estate has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 20 Rees St, Invermay, TAS 7248
- 27 Oct 2021Sold for $382,000
- 31 Aug 2021Listed for Sale Best offer over $379,000
- 17 Sep 2019Sold for $242,000
Recent sales nearby
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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 2,056 properties. Over the last 5 years, Houses in Invermay have seen a 53.52% increase in median value, while Units have seen a 37.42% increase. As at 31 December 2025:
- The median value for Houses in Invermay is $530,061 while the median value for Units is $359,103.
- Houses have a median rent of $460 while Units have a median rent of $420.
Suburb Insights for Invermay 7248
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