24 Balaclava Street

Invermay TAS 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.