7 Burns Street, Invermay, TAS 7248 sold on 21 February 2025 | OnTheHouse
SOLD
Sold on 21 Feb 2025 for $430,000

7 Burns Street
Invermay TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 118m2
Land area: 681m2
Sold By
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Bushby Creese
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Property Details for 7 Burns St, Invermay

7 Burns St, Invermay is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 681m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 3 bedroom House sold in Invermay in the last 12 months.

Building Type
House
Year Built
1900
Floor Size
118m2
Land Size
681m2
Local Government
Launceston
Lot/Plan
1/15830

Last Listing description (March 2025)

Brimming with character and charm, this circa 1900 cottage offers a rare opportunity to secure a period home in the heart of Invermay comfortable in its current condition with exciting potential for future enhancement.

The low maintenance floorplan offers three generous bedrooms, each featuring original, now decorative fireplaces. The living area flows effortlessly into the kitchen with ample room for dining.

While the home would benefit from a modern renovation, it remains entirely comfortable and move-in ready.

Outside, the expansive backyard presents a wealth of possibilities, including approved council plans for a four bedroom, multi story townhouse. The established gardens are low-maintenance, ensuring a pleasant outdoor space to enjoy.

Ideally positioned within close proximity to schools, shops, essential services and the Launceston CBD. This charming home combines historic appeal with everyday convenience, making it a wonderful opportunity for buyers looking to add value or simply settle into a character residence in Invermay.

Property History for 7 Burns St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$430,000
21 Feb 2025
  • 21 Feb 2025
    Sold for $430,000
  • 10 Feb 2025
    Listed for Sale Best Offer Over $395k
  • 10 Nov 2020
    Listed for Sale SOLD - Price Withheld
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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.