73 Mayne Street, Invermay, TAS 7248 sold on 17 March 2026 | OnTheHouse
 
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Sold on 17 Mar 2026 for $858,000

73 Mayne Street
Invermay TAS 7248

Bedrooms: 6
Bathrooms: 4
Car spaces: 6
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Property Details for 73 Mayne St, Invermay

73 Mayne St, Invermay is a 6 bedroom, 4 bathroom BlockOfUnits with 6 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 6 bedroom BlockOfUnits sold in Invermay in the last 12 months.

Building Type
BlockOfUnits

Last Listing description (March 2026)

Positioned in a tightly held pocket of Invermay, just minutes from the Launceston CBD, this recently repainted and exceptionally well-maintained multi-dwelling property presents a rare opportunity for investors. Comprising four well-kept units fully leased to long-term, reliable tenants, it delivers immediate returns while benefiting from Invermay's revitalisation, including the UTAS Stadium redevelopment and the proposed Riverbend Park convention centre.

- Fully leased with long-term, reliable tenants
- Comprises two spacious two-bedroom units and two one-bedroom units

- Well-appointed interiors featuring fresh paint and modern finishes
- Private outdoor areas providing tenant enjoyment and relaxation
- Short walk to Swamp Café, Invermay Primary School, and Star Theatre
- Close to UTAS Stadium redevelopment and growing university precinct
- Near new IGA and proposed Riverbend Park convention centre and hotel
- A prime asset in a location that continues to move forward

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Property History for 73 Mayne St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$858,000
17 Mar 2026
Listed for Rent
$205/w
30 Nov 2015
  • 17 Mar 2026
    Sold for $858,000
  • 03 Mar 2026
    Listed for Sale $835,000 - $895,000
  • 30 Nov 2015
    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 2,059 properties. Over the last 5 years, Houses in Invermay have seen a 46.20% increase in median value, while Units have seen a 37.04% increase. As at 30 April 2026:

  • The median value for Houses in Invermay is $552,335 while the median value for Units is $430,949.
  • Houses have a median rent of $495 while Units have a median rent of $400.
There are currently 7 properties listed for sale, and 9 properties listed for rent in Invermay on OnTheHouse. According to Cotality's data, 113 properties were sold in the past 12 months in Invermay.

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