5/71 Mayne Street, Invermay, TAS 7248 | Property Value & History | OnTheHouse
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5/71 Mayne Street
Invermay TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 500m2
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Property Details for 5/71 Mayne St, Invermay

5/71 Mayne St, Invermay is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1991. The property has a land size of 500m2.

Building Type
Unit
Year Built
1991
Land Size
500m2
Local Government
Launceston

Last Listing description (May 2025)

Situated close to the Invermay shops and a short drive to the CBD this unit gives you the privacy we all desire. Located at the back of a quiet complex with off street parking!

Features & Benefits;
- Electric heating

Property Layout & Yard
- Two bedrooms.
- Open plan kitchen, dining and lounge
- Separate laundry
- Off-street parking

Lease Details;
- $310 rent per week
- $1240 bond
- 12 month lease preferred
- Unfortunately, pets are not considered.

Property History for 5/71 Mayne St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Listed for Rent
$190/w
28 Nov 2016
  • 19 May 2025
    Listed for Rent $310 / week
  • 09 Nov 2016
    Listed for Rent $190 / week
  • 01 Mar 2013
    Listed for Sale $260,000
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About 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 2,053 properties. Over the last 5 years, Houses in Invermay have seen a 46.85% increase in median value, while Units have seen a 26.95% increase. As at 31 October 2025:

  • The median value for Houses in Invermay is $500,315 while the median value for Units is $333,501.
  • Houses have a median rent of $460 while Units have a median rent of $420.
There are currently 15 properties listed for sale, and 2 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 94 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.