48 Forster StreetInvermay TAS 7248
Property Details for 48 Forster St, Invermay
48 Forster St, Invermay is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1890. The property has a land size of 1026m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (May 2021)
Located in the heart of Invermay, on the fringe of the CBD is a rare development opportunity. Measuring approx. 80m in length, this level 1030m2 block is currently zoned General Residential and could be the blank canvas you have been looking for!
The original 1890 weatherboard cottage has been added onto in recent times and is being sold as is where is. The house now hosts 4 bedrooms, multiple living rooms, 2 bathrooms and kitchen/dining at the rear. The property does require considerable work to be brought to a rentable condition. A double carport has housed many treasures over the years and could be removed to create access to the depth of the yard.
Invermay is a brilliant location, just down the street from UTAS Stadium, the upcoming Inveresk University precinct, the iconic Art Deco Star Theatre, Seaport, Riverbend Park and of course, central Launceston.
** Suggested interest from $200,000 **
Auction - Friday 9th April @1pm
48 Forster St at a glance:
Unique opportunity on the city fringe
1030m2 block, 80m in length
Original weatherboard cottage with recent additions
General Residential zoning
Brilliant, convenient location
Property History for 48 Forster St, Invermay, TAS 7248
- 09 Apr 2021Sold for $250,000
- 23 Mar 2021Listed for Sale SOLD AT AUCTION
- 04 Jun 2002Sold for $48,000
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 2,054 properties. Over the last 5 years, Houses in Invermay have seen a 50.20% increase in median value, while Units have seen a 38.69% increase. As at 30 November 2025:
- The median value for Houses in Invermay is $509,690 while the median value for Units is $348,837.
- Houses have a median rent of $460 while Units have a median rent of $420.
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