60 Invermay Road, Invermay, TAS 7248 | Property Value & History | OnTheHouse
FOR SALE

60 Invermay Road
Invermay TAS 7248

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
This property is currently on the market
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Property Details for 60 Invermay Rd, Invermay

60 Invermay Rd, Invermay is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1900.This Property is currently listed for sale with KEY 2 PROPERTY

Building Type
House
Year Built
1900
Local Government
Launceston
Lot/Plan
1/215337

Last Listing description (May 2026)

Investment opportunity close to CBD!

This versatile property presents a compelling opportunity for investors looking to expand their rental portfolio with a multi-income asset. Configured as three separate, self-contained units, the property is ideally suited to generate multiple rental streams from a single title.

Each unit offers independence and privacy, making the property attractive to a wide range of tenants and helping to reduce vacancy risk. The established layout allows for immediate income potential, while also offering flexibility for future value-add strategies such as rental optimization or targeted upgrades.

Set on a well-maintained site with excellent street presence, this is the kind of asset that works hard for youwhether youre a seasoned investor or looking to secure your first multi-unit holding.

Contact us today to arrange your inspection or alternatively, buy now and reap a fabulous rental return whilst planning to restore the home to its original single dwelling status and take advantage of the lifestyle Invermay has to offer!

Land size: 920m2 approx.
Year built: 1900
Rental estimate: $895 per week across all 3 units

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 60 Invermay Rd, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$188,000
12 Jan 2005
  • 27 Jan 2026
    Listed for Sale Offers Over $699,000
  • 27 Jul 2023
    Listed for Rent $390.00 per week
  • 02 Mar 2023
    Listed for Rent $440.00 per week
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About Invermay 7248

The size of Invermay is approximately 4.1 square kilometres. There are 9 parks, covering nearly 21.5% of the 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 professional occupation.In 2021, 46.50% of the homes in Invermay were owner-occupied compared with 44.00% in 2016.

Invermay has 2,060 properties. Over the last 5 years, Houses in Invermay have seen a 40.08% increase in median value, while Units have seen a 49.12% increase. As at 31 July 2026:

  • The median value for Houses in Invermay is $573,137 while the median value for Units is $493,492.
  • Houses have a median rent of $510 while Units have a median rent of $400.
There are currently 9 properties listed for sale, and 7 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 120 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.