24 Forster St, Invermay is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 559m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
HUGE Investment Opportunity!
This large open planned weatherboard home is big on convenience with the University's Inveresk campus, Heritage Forest and the CBD all within walking distance! Upstairs this elevated property has 3 bedrooms (all with built ins), a tastefully renovated living area and kitchen, floor boards and a fantastic tiered deck out the back where you can proudly host your weekend BBQs! On the lower level of the home is a separate flat styled arrangement with its own bedroom, bathroom and kitchenette- perfect for the mother in law, second tenant or the maturing teenager! Other features of the property include the garage/ workshop area, dual access driveways and the views of Invermay Park. This property is ready to move into but equally, has great potential for further renovation. This property offers great yield potential and has had a rental appraisal of $380 p/w (if the top and bottom floor were occupied by separate tenants)! This property will not last long at this price so call me today to arrange an inspection.
Additional feature/s - Deck.
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:
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