21-27 Dry Street, Invermay, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

21-27 Dry Street
Invermay TAS 7248

Bedrooms: 12
Bathrooms: 4
Car spaces: -
Land area: 699m2
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Property Details for 21-27 Dry St, Invermay

21-27 Dry St, Invermay is a 12 bedroom, 4 bathroom House and was built in 1900. The property has a land size of 699m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
1900
Land Size
699m2
Local Government
Launceston
Lot/Plan
3/12309

Last Listing description (November 2017)

This property consists of four co-joined houses all on one title. Each house is similar in design with three bedrooms, large lounge with separate kitchen and private rear yard.
All are in need of some cosmetic renovation although all are currently leased with a gross rental of $40,820 per year.

This is a great opportunity located within a few minutes walk to Launceston's CBD, Inveresk Precinct and UTAS Stadium. Maybe the houses could be strata titled (STCA) or at least refurbished to their former glory.

Auction 19th May at 11.20 on site.

Richard Bailey : 0419 386 945

Property History for 21-27 Dry St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$530,000
19 May 2017
Listed for Rent
$220/w
15 Aug 2016
  • 19 May 2017
    Sold for $530,000
  • 28 Apr 2017
    Listed for Sale Auction
  • 14 Jul 2016
    Listed for Rent $220 / 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 2,055 properties. Over the last 5 years, Houses in Invermay have seen a 43.77% increase in median value, while Units have seen a 60.53% increase. As at 31 May 2026:

  • The median value for Houses in Invermay is $561,959 while the median value for Units is $517,521.
  • Houses have a median rent of $500 while Units have a median rent of $405.
There are currently 10 properties listed for sale, and 7 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 116 properties were sold in the past 12 months in Invermay.

Suburb Insights for Invermay 7248

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Cotality Copyright and Legal Disclaimers about Property Data
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.