55 Invermay Road, Invermay, TAS 7248 | Property Value & History | OnTheHouse
 
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55 Invermay Road
Invermay TAS 7248

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 55 Invermay Rd, Invermay

55 Invermay Rd, Invermay is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. While the property is not currently for sale or for rent, it was last sold in October 1998.

Building Type
House
Year Built
1900
Local Government
Launceston
Lot/Plan
1/198350

Last Listing description (November 2022)

Diverse income stream opposite UTAS campus

Knight Frank is proud to offer for sale, 55 Invermay Rd, Launceston, Tasmania.

Located in this tightly held part of busy Invermay Rd, opposite the new UTAS Campus and UTAS Stadium, the property offers a diverse rental income stream flowing from two ground floor food retail tenancies, and two first floor residential tenancies.

The 549 sqm site contains a 2 storey building of circa 372 sqm with car parking for up to 8 cars on site.

Increasing demand for food services and residential accommodation will flow as the UTAS campus is completed over the next 2-3 years making this an exciting investment opportunity.

55 Invermay Road is for sale by Expressions of Interest closing 4.00pm, 27th October 2022.

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Property History for 55 Invermay Rd, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$135,000
15 Oct 1998
  • 28 Sep 2022
    Listed for Sale EOI Closing 27 October 2022 at 4pm
  • 26 Nov 2020
    Listed for Rent - Price not available
  • 30 Apr 2019
    Listed for Rent - Price not available
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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 2,056 properties. Over the last 5 years, Houses in Invermay have seen a 51.50% increase in median value, while Units have seen a 24.89% increase. As at 31 January 2026:

  • The median value for Houses in Invermay is $527,444 while the median value for Units is $326,598.
  • Houses have a median rent of $460 while Units have a median rent of $440.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 102 properties were sold in the past 12 months in Invermay.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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